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02-26-2024, 01:04 PM #1
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$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 01:30 PM.
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02-26-2024, 03:14 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 03:29 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, 03:44 PM #3
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thanks, Steve, but the company is a cash-flow business without major real estate involved.
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02-27-2024, 02:50 PM #4
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David, check your emails.
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02-28-2024, 06:46 AM #5
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Do they have an Assets? Might be a good play to bring into institutional money.
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02-28-2024, 09:22 AM #6
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No substantial assets, Elon. It's a cash-flow play.
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02-28-2024, 10:27 AM #7
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02-29-2024, 01:28 PM #8
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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 l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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