Results 1 to 12 of 12
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09-01-2022, 10:02 AM #1
- Join Date
- Dec 2018
- Posts
- 10
Commodities Broker with 1.3M in Gold and Silver Inventory
Commodities Broker with 1.3M in Gold and Silver Inventory needs 300k to 400k in working capital, While his bank deposits are high, the retained cash is next to nothing which is problematic for any cash flow based lender.
Funding offers based on collateral are welcome. Please email if interested; conrad@prosperousfutureconsulting.com
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09-01-2022, 10:09 AM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,483
So if cash flow is an issue..... How do you expect the broker to pay a term note collateralized by commodity products.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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09-01-2022, 10:52 AM #3
Look into asset based financing....does he have property for a no doc hard money loan? Can he qualify for a personal loan? Business credit card or LOC?
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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09-01-2022, 10:57 AM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,483
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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09-01-2022, 11:00 AM #5
- Join Date
- Dec 2018
- Posts
- 10
His personal income is 1.2M gross annual, rev on the business is 7M. This man does not have cash flow issues, he has exotic cars and a giant house. 1.36M in gold/silver inventory being offered as collateral, he shouldn't have issues paying back, if he does the collateral is gold and silver.
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09-01-2022, 11:05 AM #6
Last edited by Olderguy; 09-01-2022 at 11:18 AM.
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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09-01-2022, 11:20 AM #7
- Join Date
- Nov 2021
- Location
- Brickell Miami FL
- Posts
- 156
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09-01-2022, 05:34 PM #8
- Join Date
- Oct 2021
- Posts
- 86
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09-01-2022, 06:39 PM #9
- Join Date
- Dec 2018
- Posts
- 10
Gold coins silver bars I have the detailed inventory list. Did not receive your email.
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09-01-2022, 06:41 PM #10
- Join Date
- Dec 2018
- Posts
- 10
Thank you.
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09-02-2022, 10:33 AM #11
- Join Date
- Nov 2021
- Location
- Brickell Miami FL
- Posts
- 156
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09-02-2022, 12:12 PM #12
- Join Date
- Apr 2019
- Posts
- 318
where is marcus when he actually should promote ...this is a marcus/capybara deal 75 day 1.499 20% fee funded in 10 minutes
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