[Kapital]

I have a commercial property in Michigan valued at approximately $4MM, located in a rural area. The property was purchased in 2024 and currently has an outstanding payoff of ~$800,000.

The borrower is seeking ~$1.8MM total for payoff and working capital for his operating business. He is the sole occupant of the warehouse.

The borrower does not have tax returns available at this time, but his business is doing $60,000 a month.

***Please no time wasters***

[LJH365]

Sending you a PM in a minute.

[markmason21]

We have a Commercial Real Estate Division that can help you close this loan quickly using Hard Money. If you need help or have questions, please reach out.

[Kevin Henry-Seacoast]

I have a commercial property in Michigan valued at approximately $4MM, located in a rural area. The property was purchased in 2024 and currently has an outstanding payoff of ~$800,000.

The borrower is seeking ~$1.8MM total for payoff and working capital for his operating business. He is the sole occupant of the warehouse.

The borrower does not have tax returns available at this time, but his business is doing $60,000 a month.

***Please no time wasters***

Just out of curiosity.... What does the business do/industry? Perhaps there are assets within the business to finance the working capital need without having to finance the real estate? How much AR is outstanding?

[FSB]

Are any tax returns available, if not will they be available.

[FSB]

I have some that could this deal with a P/L Statement, Personal Financial Statement, and credit report in without tax returns.