[BigIz]

I have a Loan Modification/Foreclosure Defense Company (they also offer other services like student loan relief) in California.

They have been around since 2007. They have 2 bank accounts and did $112K October, 56K November and 50K December. Their average daily balance is around $2,000. One bank account has no negative days the 2nd account has 1 neg Oct, 2 neg November and 2 neg December. The owner did a 3 credit report yesterday because he does not want his credit run until after he has an offer. His fico scores show: Exp 706, Equi 736 Trans 753. No State or Fed Tax Liens, No BK, No JGs.

They are looking for money for Marketing and Expansion. Ideally, the owner would like a minimum of $75,000.

Direct Only

[LoanMe]

If you have your CFL License we should be able to work you as the broker on this deal. The business type is no issue for LoanMe as we don't have any restricted business types other than non-profit. As a direct lender we would have to run credit through our system. Given the information you provided, it seems this company/borrower would have a very good chance at getting the $75k they are looking for with our programs.

[Zach]

WBL would be a great fit for this one. If he has free-and-clear property, we may be able to provide a 1.25 sell rate for 12-months with a max term of 36 months.

If he does not have free and clear property, we can probably still get it done with a higher rate and max 18-24 months.

Please feel free and give me a call to review the deal!