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  1. #1
    Senior Member Reputation points: 216519
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    Feb 2017
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    3,334

    Stock as collateral

    I have a client who needs about $20,000 minimum, but not more than $75,000. It's for a venture that if I mention here would get me laughed at, so I'll just mention the collateral: $700,000 of publicly traded stock and the stock is trading at $0.15. The stock is not in a brokerage yet. It recently has its restrictions removed and it takes time to deposit, which he has been working on for 2 weeks already. He has a VERY urgent deal, and he's happy to pay whatever rates. While he has a business, unfortunately, it's not a regular-revenue type venture, as it's financial services.

    Before you ask: No real estate, his personal credit is not amazing (650's, he just hasn't taken care of it very well) and neither are his wife's or his business partner's.

    If someone wanted to email or call me, I can describe the venture. In this instance, Name Your Rate.

    This might take a "buddy" deal to do it, and he can work with an advance on someone's credit card using plastiq.com if that's what it takes. It's not a very long venture, and the ROI is big.

    I have skin in this game also as an investor/lender. He's very collectable and a personal friend, but it's still considered "high risk."

    Email or call me. It's time sensitive.

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,084

    sent you an email.
    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
    America 2030 - http://america2030.net/

    GPS Capital Group
    250 Park Avenue, 7th FL
    New York, NY 10177
    T: (212) 675-4988
    F: (800) 583-1787
    E: GCriscione@gpscapgroup.com
    W: gpscapgroup.com
    Andrew Goldthorpe
    Desk 707.521.0911
    NewPoint Mortgage Wholesale
    Andrew.Goldthorpe@NewPointMortgage.com
    NewPointMortgage.com

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