Results 1 to 4 of 4
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12-20-2023, 02:41 PM #1
- Join Date
- Nov 2021
- Posts
- 60
A paper lender for construction - buyout
Have a Construction client that has Greenbox and Fwd. Greenbox is only 2 payments left and Forward is 60 % paid. Does avg 250k per month and ADL's of 15-20k.. What A lenders would potentially buyout and give a good term of atleast 12 months? Clients credit is 700
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12-20-2023, 02:51 PM #2
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
Midwestern Financial Solutions
CEO
Office - (954) 694-6402
email- Info@midwesternfinancialsolutions.com
MidwesternFinancialSolutions.com
Where your box ends ours begins.
https://www.linkedin.com/company/mid...ial-solutions/
linkedin.com/in/brandon-cooper-426615267
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12-20-2023, 02:54 PM #3
- Join Date
- Nov 2019
- Posts
- 675
I might buy out Forward depending on what the balances is. If qualified the max i go out is 9 months. My first position renewals work like a line of credit in a way so that the shorter the term to get more money the better. This is best for merchants that always need money like construction companies that are taking money from different funders so they do not have to stack and get the old balance refied to pay double for the money and have the term cut shorter. Fell free to call me and go over this.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-987s
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12-20-2023, 02:55 PM #4
- Join Date
- Feb 2017
- Posts
- 3,426
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