Results 1 to 7 of 7
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04-12-2024, 10:49 AM #1
- Join Date
- Apr 2024
- Posts
- 29
Looking for A+ Lenders for a client
Manufacturing business 27 years in business, annual revenue 5.5 million, AR for April 2024 shows 1.5M, Also have contracts signed to do another 1.7M
Looking for 600k, the rate obviously matters, early payoff discounts as well.
want to mention client owns property free and clear appraised @ 3 million in February 2024, no liens, has the Manufacturing plant and design company on the property.
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04-12-2024, 10:52 AM #2
I can get him money on his property. NoDoc hard money up to 65% Loan to Value. 10 year Interest Only, then amortized 20. 10.99%. Less than 1% a month payment. $600,000 would cost him $5,495 a month. 650 Fico. Down to 620 Fico rate would be a bit higher.
Can also get ABL on his A/R
And money is possible from his contracts as well.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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04-12-2024, 10:56 AM #3
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
What is the Experian fico score?
Are all tax filings current?
How fast do they need the money?Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
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04-12-2024, 11:06 AM #4
- Join Date
- Apr 2024
- Posts
- 29
credit is @ 785
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04-12-2024, 11:07 AM #5
- Join Date
- Apr 2024
- Posts
- 29
2022 taxes are complete
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04-12-2024, 11:08 AM #6
- Join Date
- Apr 2024
- Posts
- 29
we can fund asap
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05-02-2024, 10:13 AM #7
- Join Date
- Apr 2024
- Posts
- 7
Call me, I am the underwriter with Boom Funded.. 754 207 7380
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