Results 1 to 10 of 10
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04-07-2022, 03:40 PM #1
- Join Date
- May 2019
- Location
- Miami
- Posts
- 156
Need 1 million for A paper
Merchant has over 730 credit, depositing 1.2 million a month. Has daily balances of 1 million. Merchant needs to expand and has an SBA loan working on, needs money as a bridge loan. Merchant has an offer for 500k at 1.25 for 18 months from another company not min Want Factor and terms close if possible. Please direct lenders, no brokers
Thank
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04-07-2022, 03:52 PM #2
- Join Date
- Aug 2021
- Posts
- 31
We probably wouldn't beat the 1.25 rate, but Cobalt can most definitely go higher then 500k.
Please send us the file to deals@cobaltfunding.comCobalt Funding Solutions | Direct Funder
cobaltfunding.com| 202-773-4200
New York, NY. | deals@cobaltfunding.com
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04-07-2022, 04:03 PM #3
- Join Date
- May 2019
- Location
- Miami
- Posts
- 156
Thanks but the rate is important to him.
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04-08-2022, 10:53 AM #4
Any real estate? Hard money property 10.99% interest only, first position up to 75% LTV. SBA loan will have to pay off those $1M. Hard money typically has a 6 month prepay...but that might be reduced or eliminated for a fee - depends on the lender
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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04-08-2022, 11:29 PM #5
- Join Date
- Aug 2018
- Posts
- 877
who offered 500k 18 months 1.25?
Ondecks max is 250k...
I think Credibly maxes at 400k...
Can maxes at 250-300k..
Please let me know, I need a home for these massive A paper files.
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04-11-2022, 09:59 AM #6
- Join Date
- Nov 2021
- Posts
- 60
Could be Mulligan. I recently had a 1.28 (10 points) 500k 18 months from them for a Supermarket.
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04-11-2022, 10:19 AM #7
- Join Date
- Aug 2021
- Posts
- 120
Does term matter as much as factor? If he wants to go shorter in term I can get close to high 1.2's/low 1.3s with prepays starting at a 1.09
call or email me and we can discuss - andrew@efinancialtree.com / ph# 815 260 0284Andrew@efinancialtree.com
eFinancial Tree
C: 815 260 0284 (Call or Text)
Submissions@efinancialtree.com
https://www.efinancialtree.com/
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04-11-2022, 10:52 AM #8
- Join Date
- Dec 2021
- Posts
- 42
I'd try SOS.
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04-11-2022, 10:53 AM #9
ALFA Advance has no funding limit!!!!!
Need a million? No problem, we have no funding limit and we'll pay you 13 points commission. Feel free to send the deal to rasheed@alfaadvancefunding.com for review.
I look forward to hearing from you,
Rasheed Miller
(347) 531-9075
https://alfaadvance.com/
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04-18-2022, 11:25 AM #10
- Join Date
- Apr 2022
- Location
- New York
- Posts
- 78
I could get this done email me at alex@reliablefundingsourcellc.com
Alex Gold
Direct Lender
(516) 253 - 0807
https://reliablefundingsourcellc.com/
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