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02-26-2024, 11:04 AM #1
- Join Date
- Dec 2021
- Posts
- 15
$500K Loan for US business owned by non-permanent resident
Does anyone do loans for a US design company owned by a non-permanent resident? The owner is looking for a $500K loan on terms roughly akin to an SBA express loan. Of course, SBA won't do a loan for a company owned by a non-US person. (The company has filed US tax returns for 2022 and 2023.)
Thanks,
David McCarthy
McCarthy Merchant Capital LLC
david@mccarthymerchantcapital.com
717-622-2784Last edited by mondial99; 02-26-2024 at 11:30 AM.
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02-26-2024, 01:14 PM #2
I can do real estate cash out for that if it applies.
10.99% 10 year interest only
Pretty much same as SBA 7A.Last edited by Olderguy; 02-26-2024 at 01:29 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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02-26-2024, 01:44 PM #3
- Join Date
- Dec 2021
- Posts
- 15
thanks, Steve, but the company is a cash-flow business without major real estate involved.
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02-27-2024, 12:50 PM #4
- Join Date
- Mar 2016
- Posts
- 83
David, check your emails.
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02-28-2024, 04:46 AM #5
- Join Date
- Oct 2022
- Posts
- 295
Do they have an Assets? Might be a good play to bring into institutional money.
Elon Henek
HCI - Glen Cove, NY
Main: 1-516-676-1854
Cell: 1-516-236-4086
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02-28-2024, 07:22 AM #6
- Join Date
- Dec 2021
- Posts
- 15
No substantial assets, Elon. It's a cash-flow play.
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02-28-2024, 08:27 AM #7
- Join Date
- Feb 2017
- Posts
- 3,463
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02-29-2024, 11:28 AM #8
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 503
We could consider using our credit card sales based MCA if they have strong credit card processing volume. We do fund non US citizens with ITIN # as long as they own physical property (land, condo, single family, commercial) in the US.
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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