Results 1 to 4 of 4
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01-17-2015, 07:38 PM #1
- Join Date
- Jun 2014
- Posts
- 84
Who can provide me a reasonable pre-approquote for the following client in California
annual sales are about 800K
in business for 6 years
looking for as much as 350K
owns over 2 million dollars in real estate with good equity
credit score is 690
seeks a term-like loan for like 6%
Can anyone say 'yes'-'this is a deal I can do'
If so-then give me an example of a client that you have financed recently that received a 6% like rate based on a profile similar to my merchant above
Prove to me that you can do the business- and I will work with you in getting the deal done.
If you do not do deals like this - then please do not waste my time on this - NO BROKERS OR MIDDLE MEN
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01-18-2015, 08:04 PM #2
Who can provide me a reasonable pre-approquote for the following client in California
6% over what term.. and do you mean APR or simple interest? Does the client qualify for SBA? If you have a licensed loan broker on your team, take it to primary banks. Otherwise, I would gladly broker it to a bank like Wells, BofI, or Celtic, and split commission with you.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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01-21-2015, 10:53 AM #3
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
we can do this deal....even as brokers.
we recently did a similar deal that provided the client $150,000 junior secured and $150,000 secured by real estate.
the terms were 6% APR, up to ten years with no pre-payment
penalty.
Bob Shaw 734-929-3800
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01-22-2015, 06:35 PM #4
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Agree with poster above: Given the parameters of what you've described there are several ways to achieve what you seek through SBA programs, and Traditional and Real Estate Lenders. Combination of 150k term loan accompanied by a Line of Credit (LOC) with interest only at 2 over prime is what I would suggest, assuming the Financials and PFS warrant it...
Richard 516 510 3855
www.businesscapitalconsultants.com
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