Only 35% Ownership
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  1. #1

    Only 35% Ownership

    My client is a 35% owner of a retail clothing store in a mall doing around $80k/ month. He manages all day to day activities. Nice looking banks, good balances, no nsf's, low 600 credit. Problem is he has 2 hands-off investors who together own 65% of the company. They are not opposed to him obtaining financing but will not supply their ss#'s for an application or be signatories or guarantors for a loan or advance. Who will fund this with a 35% owner, assuming the deal meets UW guidelines?

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    I can't imagine anybody will. I have seen deals with 50% of the ownership signed, but 35% is ridiculous.

  3. #3
    Senior Member Reputation points: 14
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    Shoot me an email and discuss nathaniel@instafundllc.com

  4. #4
    I can get this done ASAP. I just had a similar case 2 weeks prior.

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