Results 1 to 8 of 8
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11-30-2022, 11:16 AM #1
- Join Date
- Jan 2022
- Posts
- 6
$300k HELOC, $1MM+ equity
Anyone interested in a consolidation deal, 3 positions, ~$300k. Can offer personal res as collateral; value >$1MM, owns free and clear.
Has spotty payments on 3 positions, so tech defaults. Ideally looking for HELOC or "like" LOC, effectively a first mortgage.
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11-30-2022, 11:19 AM #2
What state? Can't do hard money on primary residence. Used to if cash out was for business purposes.
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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11-30-2022, 11:21 AM #3
- Join Date
- Jan 2022
- Posts
- 6
NC.
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11-30-2022, 11:32 AM #4
- Join Date
- Aug 2021
- Posts
- 18
Can you send me the details at apiccolo@lhfundgroup.com?
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11-30-2022, 11:37 AM #5
- Join Date
- Feb 2017
- Posts
- 3,463
I sent you a reference, check your DM
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11-30-2022, 04:59 PM #6
- Join Date
- Nov 2022
- Location
- NYC
- Posts
- 117
I can do this
347-377-0223 give me a call at my personal number whenever you are free
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12-01-2022, 10:40 AM #7
- Join Date
- May 2022
- Posts
- 98
We do deals like this. get in touch.
Our funding Criteria:
- 5k minimum funding
- 6 month Min.time in business
- B, C, D paper
- Offers not based on credit score - low credit ok
- Response time (realistically) as low as 60 minutes
- 1st - 5th position - Up to 38% withhold of net deposits
- As low as 1.32 buy rates
- Terms up to 140 days (weekly's upon approval)
- Max Upsell to 15 points
- Early Payoff Discounts
- 15k a month average revenue
- Minimum of 5 deposits per month
- Minimal stips for contract (VC & ID)
- Docusign Contracts
- We also offer asset/inventory/accounts receivable backed term loans/lines of credit. Not MCA based. Bankable rates.
Michael Ross
Lendbug LLC
New York, NY
Mross@lendbug.com
646-360-0411
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12-02-2022, 09:58 AM #8
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
Check with Ironwood.. they offer a Sale Lease Back program.. essentially they will fund 50% LTV, minus any debt showing on the title.
Monthly payments of roughly 1% of the funded amount, 1 year term, with option to extend up to 10 years. Buy back the real estate at 75% of the original transacted value. Pretty easy process, not a lot of upfront fee's if any.
For more details, reach out to:
Jarret Ortmann
361 384-4304 Direct
361 245-5140 FAX
361 589-9719 Office
jarret@ironwoodfinance.com
ironwoodfinance.comShannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
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