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12-08-2022, 10:47 AM #1
- Join Date
- Aug 2022
- Posts
- 1
AirB&B Competitior & Rental Commerical and Property Managament Company CALIFORNIA
This merchant has multiple entiteis ( 4) 250k+ Revenue Each.
Located in California.
Received Credibly option for 250k 1.21 % (12 Months)( weekly Payments )( On one of his entities ) back in may, recently recieved BlueLine line of credit for 200k(15 Months) (Monthly payments ) at 16 % interest ( another Entitity)
He still has two entities that are free an clear.
Looking to cross collaterlize all business's.
Looking for a similar typedeal ( Line of credit/ MCA) the interest needs to be around 1.22-1.25 11-15 Months 300-500k.
347-808-2557
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12-08-2022, 12:12 PM #2
- Join Date
- Jun 2022
- Posts
- 86
Can't fund Cali till next week. contact me if still need funding or other deals.
eugene@equitaadvance.com
I am from Equita Advance. We have been in funding for the past 12 month. Our timeline is very quick with our offers in as little as 15 minutes and funding within 1-2 hours. We are aggressively expanding and want to double our monthly funding totals. We have tons of money to deploy.
We primarily fund high-risk, C and D paper, but will look at all paper. The only industries that we won't fund are, law firms, and real estate brokerages. The industry we have restrictions on is trucking for which we require 200 k monthly revenue, and construction for which we require 200K monthly revenue.
Our standard loan terms:
Funds: 20k-1,000,000
Position: 2nd ON
Time in Business: 1-year minimum
Term: 10-160 days
Points: 10Last edited by Gene148; 12-08-2022 at 12:18 PM.
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12-11-2022, 12:44 AM #3
I am confused...cross collateralize I can do with a blanket bridge hard money loan on several properties.
When you say entities free and clear are you talking about business or property?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.
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