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  1. #2
    Senior Member Reputation points: 72398 Olderguy's Avatar
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    Sep 2021
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    Irvine, CA
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    You just sent this to me....I need a package.

    Typicallyi:

    Executive summary
    Business plan
    Use of funds (balloon coming due)?
    Financials
    Star Reports
    etc.

    You should post up the client wants 6% rate.
    Good luck with that.
    Hotel rate card on a 10 year fixed 25/30 amortization is 7.34% - 7.59%
    Last edited by Olderguy; 11-01-2023 at 10:57 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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