Results 1 to 6 of 6
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12-09-2015, 10:57 AM #1
- Join Date
- Oct 2015
- Posts
- 8
Client owns a machine worth $250K
Client has no loans currently, and earns $2K-$3K monthly. He owns a grinder free and clear worth $250K. He's looking to buy land and put a bldg on it (a recycling plant) in the Rochester area. He is looking for $150k.
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12-09-2015, 12:24 PM #2
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Maybe Pledgecap, but it might be a stretch for them.
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12-10-2015, 09:20 AM #3
- Join Date
- Aug 2015
- Posts
- 67
Client owns a machine worth $250K
What year and make is the grinder?
What type of business? Location?
Some lenders may do 65% of the equipment value.
This may be a tight squeeze to get it done.Doran M. Summers
Small Business Loans & Commercial Loans
3960 Howard Hughes Parkway Suite #500
Las Vegas, NV 89169
Doran@DoranSummers.com
Www.DoranSummersFunding.com
217.799.0156
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12-10-2015, 11:04 AM #4
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
Try doing a sale lease back on the equip... Dakota Leasing and Maxim Leasing do these types of transactions.
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12-10-2015, 04:56 PM #5
- Join Date
- Sep 2014
- Posts
- 263
What is the clients credit? Mortgage or hard money is cheaper than Dakota or Maxim
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12-10-2015, 11:00 PM #6
- Join Date
- Dec 2015
- Posts
- 5
Contact us at MountainBack Funding- http://www.mountainbackfunding.com/#...approval/om9hl or email us at info@mountainbackfunding.com and we will get back to you asap
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