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10-04-2023, 05:01 PM #1
- Join Date
- Oct 2020
- Posts
- 77
Lease Buyback Funders - Anyone?
Hello! I work with Ironwood Finance but would like some reccomendations on type of funders that do this?
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10-04-2023, 05:20 PM #2
I can do real estate much better and I have an equipment guy who can do lease purchase too
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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10-04-2023, 05:25 PM #3
- Join Date
- Oct 2020
- Posts
- 77
Okay. Thank you
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10-04-2023, 05:27 PM #4
- Join Date
- Oct 2020
- Posts
- 77
I just emailed you.
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10-04-2023, 06:29 PM #5
Last edited by Olderguy; 10-04-2023 at 06:50 PM.
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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10-05-2023, 10:25 AM #6
- Join Date
- Oct 2023
- Posts
- 4
Good morning, New to the broker world, Have been doing accounting in an MCA funding company for years.
Came across a file, a hotel business averaging about $150,000 in revenue in CA, He is looking for a term loan, him and his partner both have good credit, 680 and 720. Is this a file you would consider.
Lets connect maybe we can build a long term partnership.
thank you,
Joshua Dror
Cash Flow Financing LLC
732-612-0320
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10-05-2023, 10:59 AM #7
Hi Joshua:
As we discussed, get your client to complete a Schedule of Real Estate and also Fico score.
Here's a link to that form:
https://docs.google.com/spreadsheets...f=true&sd=true
That will be easier and quicker than a term loan. And it's 1% a month interest only for 10 years. Then amortized 20. So 12% interest vs. 10.5% for SBA Term loan.Last edited by Olderguy; 10-05-2023 at 11:09 AM.
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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