Results 1 to 25 of 36
Threaded View
-
11-10-2013, 04:24 PM #14
Reputation points: 13
- Join Date
- Nov 2013
- Location
- New York, New York
- Posts
- 21
Merchant has equipment/collateral. Who do you recommend?
WBL has a solid asset based lending program, but lets be realistic...they won't fund you in two days. They apply a discounted credit for assets based on type. Vehicles are valued at 50% kbb, and real property is 65% of appraised value. Now if you have equity in real property its 65% of appraised value, minus equity you have in it, and they will give credit of that amount.