Real Estate Lending Business
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    CALIFORNIA
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    Real Estate Lending Business

    Anyone fund a real estate lending business, broker.
    they do around 200k monthly Average balance around 50k

    Need over 100-150k.

    thanks

  2. #2
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Location
    Irvine, CA
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    2,258

    1. Hard money property loan
    2. Personal loan
    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.

  3. #3
    Banned Reputation points: 10
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    Mar 2023
    Posts
    18

    We recently got an RE business with 2 MCAs a combination of 0% intro rate business credit cards and personal loans. Total funding and credit amounts 145K.

    Our buy rate is 6% so on a 15% fee agreement you will make 9% commission. That is 1.5% higher than anyone else in the industry with this type of program (on a 15% fee).

    Also, for other clients in different industries we have access to smaller local and regional banks and credit unions that offer smaller business term loans and business lines of credit (50K - 100K each). The right client can get upwards of 500K.

    Check out our partner page here: https://bizloansinc.com/partners/
    ENTER PASSWORD: commissions

    Have a great weekend.

    Dan Raymond
    Biz Loans Inc.
    300 Delaware Ave
    Suite 210
    Wilmington, DE 19801
    Phone: (610) BIZ LOAN
    Direct: (302) 397-3777
    E-mail: dan@bizloansinc.com
    Last edited by 700+Hybrid; 07-26-2023 at 08:59 AM.

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