Exactly right.

It's basically a short-term bridge loan. 40-45 day turnaround (In the post). Anything higher than 6% is not profitable for us. The terms of the deal are fairly simple. Not looking for any fancy credit facilities.


Quote Originally Posted by omegafund View Post
6% try a bank.
If you have serious profitable cash flow with collateral you can expect 7-11% from a private institution.
PO financing or bridge loan may be a fit
contact me for more info.
bzuniga@omegafund.com