Results 1 to 8 of 8
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06-10-2015, 10:49 AM #1
- Join Date
- Apr 2015
- Posts
- 8
Commercial cash out
Client owes about 200k on a commercial property valued at 800k (just did an appraisal). Trying to cash out and clear out his advance balances of about 200k. Merchant does $3 million (pool and spa supply) and has a 670 credit score.
My issue here is the client owns 51% of the business, and the other owner is not involved. Otherwise the file is pretty clean.
Much appreciation to anyone who can send me in the right direction.
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06-10-2015, 10:59 AM #2
- Join Date
- Jun 2013
- Posts
- 195
Give me a call at 212 293 8210 to discuss
Regards,
Chris Pepe
Vice President
World Business Lenders
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06-10-2015, 11:32 AM #3
- Join Date
- Apr 2015
- Posts
- 188
Hi
I can get you an answer within 24 hours. shoot me an email and talk. nathaniel@instafundllc.com
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06-10-2015, 12:10 PM #4
- Join Date
- Jun 2015
- Location
- Orange County, CA
- Posts
- 21
Definitely a deal for WBL... Send to Chris!
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06-10-2015, 01:19 PM #5
We can help.
Feel free to PM me directly.Founder ACA Academy - Educating Sales Professionals to Succeed in the Alternative Lending Industry
Author of Forthcoming Book - "The Lil' Black Book"
klamere@acafundingusa.com
(608)312-3685
To see Keith's LinkedIn Profile Click Here ------->https://www.linkedin.com/profile/vie...ve_tab_profile
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06-10-2015, 01:32 PM #6
- Join Date
- Apr 2015
- Posts
- 8
not looking to run with WBL on this one. thanks for the suggestions everyone
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06-10-2015, 10:51 PM #7
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 730
Depends on location we can help with private money or hard money.
12-18% 10 year terms no PPP lien on real estate.
info@omegafund.com
QUOTE=patrick.bruscia;24595]not looking to run with WBL on this one. thanks for the suggestions everyone[/QUOTE]
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06-13-2015, 09:46 AM #8
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
We are a Licensed Mortgage Broker that can definitely help.. With a loan- not an MCA
Richard 516 510 3855
www.businesscapitalconsultants.com
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