Results 1 to 6 of 6
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04-13-2015, 11:48 AM #1
- Join Date
- Oct 2014
- Posts
- 26
Advertising Agency with UCC lien from a bank does 700k monthly..wants 350k
Dont have all the info yet. Will update with more shortly.
Any lenders out there that will lend 350k second position?
No brokers please..
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04-13-2015, 12:14 PM #2
- Join Date
- Apr 2015
- Posts
- 50
Possibly. Things have to look real good for us to do it.
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04-13-2015, 12:56 PM #3
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
We place true loans at single digit interest rates for the right deal. But it sounds like you are looking for a MCA.
Please give me a good time and number to contact you at.
Bob Shaw
734-929-3800
rshaw@advancecredit.com
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04-20-2015, 02:55 AM #4
- Join Date
- Sep 2014
- Posts
- 55
Almost any funder would do this deal, provided their daily balances aren't terrible. Why do you think you would have trouble placing this deal somewhere? Are you signed up with ANY lenders?
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04-20-2015, 11:46 AM #5
- Join Date
- Sep 2014
- Posts
- 720
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04-20-2015, 02:34 PM #6
- Join Date
- Jul 2014
- Posts
- 196
Advertising Agency with UCC lien from a bank does 700k monthly..wants 350k
There shouldn't be a problem funding this at all. If the first position balance says he can handle a large second then this can be done. I've funded deals paying off 350k so this shouldn't be an issue.
Mike@SamsonPartnersLLC.com
347-492-1801
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