Results 1 to 3 of 3
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07-21-2023, 12:25 AM #1
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
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07-21-2023, 08:09 AM #2
1. Hard money property loan
2. Personal loanSteve 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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07-21-2023, 09:41 AM #3
- Join Date
- 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.comLast edited by 700+Hybrid; 07-26-2023 at 08:59 AM.
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