Results 1 to 9 of 9
-
07-23-2024, 03:32 PM #1
- Join Date
- May 2024
- Posts
- 14
Looking for Lender to fund Real Estate Industry MCA
Merchant did 60k in deposits in April, 175k in May, and 75k in June. Merchant works with fix and flips so deposit quantity is low and he currently has a position with ondeck. What lenders would be able to fund this?
-
07-23-2024, 04:05 PM #2
Not sure if this helps:
FIX & FLIP PROGRAMS
Simple Financing Solutions for Investors
· Investment Purchase & Refinances
· REHAB – up to 85% LTV* / 100% Rehab / up to 75% ARV*
· 620 MINIMUM CREDIT SCORE ALLOWED!!!
· Interest Rates Starting at 10.99%***
· SFR / 2F-4F / Multi Fam / Mixed Use
· $75,000 - $5,000,000
· 12 – 36 Months – Interest Only
· NO PREPAY with Credit Scores 650 of Higher**
· NO Payment Reserves with Credit Scores 650 of Higher**
· NO Liquidity Reserves Required with Credit Scores 650 of Higher**
· NO Income Documentation
· Brokers Protected
· Heavy Rehab OK!! ***
· Experience Preferred – 1st Time Investors OK!!
· Special Programs Available for Investors with Large Portfolios****
· NATIONWIDESteve 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.
-
07-23-2024, 04:12 PM #3
- Join Date
- May 2024
- Posts
- 49
How does that help
-
07-23-2024, 04:15 PM #4Steve 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.
-
07-23-2024, 05:12 PM #5
- Join Date
- May 2024
- Posts
- 14
The merchant is looking for an MCA, he is already leveraged at 75% LTV on his properties.
-
07-23-2024, 05:36 PM #6
- Join Date
- Feb 2017
- Posts
- 3,572
-
07-23-2024, 06:36 PM #7
- Join Date
- Aug 2018
- Posts
- 871
-
07-23-2024, 06:37 PM #8
- Join Date
- Aug 2018
- Posts
- 871
Give it a shot with Micah brother. If he fails, it's Steve or Elon (Steve has paid more brokers then Elon, but, he had a dark phase perhaps with drugs 7 years or so ago when he worked for a confidential direct lenflder that bought hidden Yellowstone loans and offered hybrid loans, term loans, lines of credits, AND MCA (I'm being sarcastic, making fun of him).
-
07-23-2024, 06:39 PM #9
- Join Date
- Aug 2018
- Posts
- 871
Steve is a beast in the real estate realm though the guys good. When it comes to actual biz loans and loc 's Micah has that on lock and he pays.
Similar Threads
-
Real Estate Industry/Working Capital
By CapitalCityfunds in forum Deal BinReplies: 3Last Post: 02-08-2023, 09:45 AM -
Who fund Real Estate Investor
By Creative Lender in forum Deal BinReplies: 3Last Post: 08-06-2020, 03:23 PM -
$250k Line Of Credit - Real Estate Industry - No Collateral
By Maverick in forum Deal BinReplies: 4Last Post: 07-29-2017, 09:00 PM -
$30k + in dep. Real estate broker with open ch. 11 who will fund
By kimarah in forum Deal BinReplies: 20Last Post: 06-09-2016, 04:39 PM -
Anyone fund real estate investors?
By Fetachini in forum Merchant Cash AdvanceReplies: 5Last Post: 06-14-2013, 04:31 PM