[FSB]

I have a client with the following particulars. All documentation can be provided.

He is looking to get a loan for $1.5 million loan on a 1,300 acre property in CA.

The property is appraised at $3.3 million. Appraisal is available

He has two sources of income:

1. He has a wood chip operation generated gross annual revenues of $294,000 in 2014, per his 2014 tax return. Net income from this operation was $179,730 in 2014.

2. He leases his land (including two houses) to a cattle rancher for grazing. Gross revenue of $90,000 a year ($7,500 per month). Net income of $73,491 per 2014 return. He has had the same tenant for five years.

Three years of tax returns are available along with a letter of good standing on the existing $470,000 loan on the property. Also available is a personal financial statement and a six-month (Jan-June) P&L on the wood chip business. For the first six months of 2015, gross income was $219,232, net income $127,310 -- well ahead of 2014, He sells the wood chips in bags to Krugers and Walmart.

The loan required is $1.5 million, which will take out the existing loan and put the new lender in first place. The asset is solid. The income is verified. He has a personal credit score of 672.

Howie Dane
Funding Sources for Business
(866) 573-3273

president@fundingsourcesforbusiness.com

[pmoney]

I sent you an email. While we specialize in business loans we also work on commercial real estate lending. Given the details of the transaction this is definitely something I can help you with. Please get in touch at your earliest convenience so we can weigh out all feasible options. 201-210-8552 or paul@oracleloans.com

[RichardGerard]

How are you Howie? First question: why is he not seeking traditional finance? Appears as if the property is cash flowing. Given the 672 FICO it seems that several of the Commercial BANKS (not hard money) would have interest. I would have to analyze the DSC to see which lender it should be packaged to.. LMK if you would like assistance...

Best,

Richard 516 510 3855

www.businesscapitalconsultants.com

775 Park Avenue Suite 255
Huntington, NY 11743