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06-24-2024, 10:23 AM #1Senior Member
Reputation points: 73139
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- Sep 2021
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- Irvine, CA
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1. What's the use of funds for that DTI usage?
2. Collateral - Asset Based Loan? - Invoice factoring?
A/R aging?
3. Hard money real estate?
4. Purchase order financing?
Look at other options other than MCA.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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06-24-2024, 10:25 AM #2Member
Reputation points: 265
- Join Date
- May 2024
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- 23
Do you have lenders that do good rates on collateralized funding? We thought WBL would be good but these rate theyre giving suck
Originally Posted by Olderguy
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06-24-2024, 10:52 AM #3Senior Member
Reputation points: 73139
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,281
I am doing 10 year fixed Interest Only at 11.49% annual....less than 1% a month payment. NoDoc real estate loan. 65% LTV on commercial 75% LTV on SFR, multi. Originally Posted by aaron4235
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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