Production Company
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  1. #1

    Production Company

    Entertainment Production Company- averages 350-500k a month
    Has two positions
    One was taken back in November current balance is 173k Weekly Payment 6700
    Second was taken in January current balance is 163k Weekly Payment 6073
    Credit Score: 700
    Located: Cali
    TIB: 16 Years
    ADB: Six Figures


    Looking for a buyout of the current two positions, lowering the combined weekly, and netting more capital

    Avoiding a reverse

  2. #2
    I can do a line of credit for him through the bank.

  3. #3
    Senior Member Reputation points: 10476
    Join Date
    Nov 2019
    Posts
    663

    I do not know of ny funder that will payoff 2 positions that high for one. Most funders have a net 50 rule which means he will need to qualify for 600k which is more than he does per month which most funders do not do. Getting him a dollar amount that high will not lower his payment.

  4. #4
    Senior Member Reputation points: 16767 fundinggrasshopper's Avatar
    Join Date
    Jun 2022
    Location
    NYC
    Posts
    193

    Quote Originally Posted by IMINAMEETING View Post
    I can do a line of credit for him through the bank.
    15% fees? lol

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