Looking for a reverse 600K 7 positions
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  1. #1

    Looking for a reverse 600K 7 positions

    I am looking for a 600K reverse, with 7 positions.
    1st deal falls off in 2 months last deal is in 8 months mostly corporate deals.

    Lmk who would fund this?

    Thanks

  2. #2
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    7 postions?
    If they have property, do a hard money loan to pay these off.
    Tell them to hire an accountant.
    Steve Benjamin
    Professional Business Loans

    1012 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.

  3. #3
    Senior Member Reputation points: 218103
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    A lot of the reverse consolidation people do 600k. However, there's probably a better solution out there that's collateralized or not and can make him whole. A reverse is a broker's dream, but there are some better, more legit solutions TBH. Industry? AR? RE? LOC? How's the credit and what's the industry? Send me a DM to discuss more.

  4. #4
    Senior Member Reputation points: 1755
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    I would look into the SBA. What other details do you have?
    I think we also might be working the same file LOL.

    Elon Henek
    1-631-251-8666
    Last edited by Ehenek; 10-26-2022 at 09:51 PM.

  5. #5
    We can do a reverse if the balances are less than the monthly gross deposits. and if the banks look decent enough.
    Cris Gonzalez
    Iso Relations Manager
    (786) 368-1815
    Cris@clarityadvance.com
    www.clarityadvance.com

  6. #6
    Looks like somthing I can help you with give me a call or email

    -Asher Klien
    asher@instafundadvance.com
    347-377-0223

  7. #7
    Member Reputation points: 2671
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    Quote Originally Posted by Nate_ View Post
    I am looking for a 600K reverse, with 7 positions.
    1st deal falls off in 2 months last deal is in 8 months mostly corporate deals.

    Lmk who would fund this?

    Thanks
    try silverline, qfs, gfe or fundamental
    *Jamie*California*

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