[Central Banker]

**THIS IS A SERIOUS INQUIRY** - Please read the entire inquiry before responding. We're not looking to work with brokers.

**THE DEAL** - Seeking a DIRECT LENDER/PRIVATE LENDER for a $1 Million Short-Term Bridge Loan at no more than 6% interest. 40-45 day turnaround.

Assets, Bank Statements, and References are available upon request. We are an open book, but we just need a lender for short term funding for orders that our largest client has put in with our company. We did $12.6 million in revenue in 2015.

Please only serious inquiries. We're not going to give out information to people that are just seeking to put in an application. Respect our time and we will respect yours.

Please respond with information about your company, a website, and how your process works. Thanks Guys!


**THIS IS A SERIOUS INQUIRY** - Please read the entire inquiry before responding. We're not looking to work with brokers.

[omegafund]

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

[Central Banker]

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.

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

[FUNd]

Fully secured by real estate or easily liquidatable equipment, maybe 10-15%. I don't know who would let a million bucks go unsecured to make $60K. No matter how short the term is, once the money leaves your account, it's at risk.

[omegafund]

You cannot take anything above 6% bridge loan? Your margins must be real slim to nothing.

good luck

[Central Banker]

Not interested in opinions.... Only interested in replies from people that can be of assistance. Thanks!

You cannot take anything above 6% bridge loan? Your margins must be real slim to nothing.

good luck

[RichardGerard]

I have to ask: why would a lender put $1,000,000 out there for 40-45 days for 1/2 of 1 percent? While I understand anything higher than 6% doesn't work for you, why would a lender put that much capital out there for a $7500 return? After you factor in the time and effort to devote to due diligence, what is the NET return to the Lender? The best deals are one that benefit all involved.

[Central Banker]

Secured options are on the table... 40-45 days.

Fully secured by real estate or easily liquidatable equipment, maybe 10-15%. I don't know who would let a million bucks go unsecured to make $60K. No matter how short the term is, once the money leaves your account, it's at risk.

[Central Banker]

Not interested in opinions.... Only interested in replies from people that can be of assistance. Thanks!

I have to ask: why would a lender put $1,000,000 out there for 40-45 days for 1/2 of 1 percent? While I understand anything higher than 6% doesn't work for you, why would a lender put that much capital out there for a $7500 return? After you factor in the time and effort to devote to due diligence, what is the NET return to the Lender? The best deals are one that benefit all involved.

[FUNd]

Not interested in opinions.... Only interested in replies from people that can be of assistance. Thanks!

Well, you're gonna get opinions, whether you like it or not slick.

[Central Banker]

LOL Name calling?... OK... I'll keep my response the same.

Not interested in opinions.... Only interested in replies from people that can be of assistance. Thanks!

Well, you're gonna get opinions, whether you like it or not slick.

[Central Banker]

To be clear... 6% of $1,000,000 is $60,000 not $7,500 lol

Let's not remix the information inside the original post please.

I have to ask: why would a lender put $1,000,000 out there for 40-45 days for 1/2 of 1 percent? While I understand anything higher than 6% doesn't work for you, why would a lender put that much capital out there for a $7500 return? After you factor in the time and effort to devote to due diligence, what is the NET return to the Lender? The best deals are one that benefit all involved.

[VFG]

Industry?

[Central Banker]

IT Solutions | Mobile Phone Repair & Computer Repair

Industry?

[VFG]

PO finance & Factoring at 1.75/30 so you're looking at 2.625% all in for 45 days. Less than the 5% you're looking for

[omegafund]

To be clear... 6% of $1,000,000 is $60,000 not $7,500 lol

Let's not remix the information inside the original post please.

You should have been more specific.: "at no more than 6% interest" You made it sound like you wanted 6% interest rate on 1M loan. 6% return of funds on investment is something different or no more than total 60k total rate and fees. 60,000 total costs and cheaper may be doable with invoice factoring or PO financing,but sounds like you are not a player for that. IT /mobile.

Do you deal with government entities or larger Fortune 100 or 500 companies?
Also is your equipment for collateral phones/IT/computer stuff? Not many lenders will be interested in that.
If you have real collateral such as commercial AR and real estate with equity this is doable

[Central Banker]

DM me please...

You should have been more specific.: "at no more than 6% interest" You made it sound like you wanted 6% interest rate on 1M loan. 6% return of funds on investment is something different or no more than total 60k total rate and fees. 60,000 total costs and cheaper may be doable with invoice factoring or PO financing,but sounds like you are not a player for that. IT /mobile.

Do you deal with government entities or larger Fortune 100 or 500 companies?
Also is your equipment for collateral phones/IT/computer stuff? Not many lenders will be interested in that.
If you have real collateral such as commercial AR and real estate with equity this is doable

[RichardGerard]

Forgive me.. 60k for 45 days makes a lot more sense.. Now what doesn't make sense is believing that a Commercial Real Estate BANK will be trolling here looking for loans. You best bet is a Broker or a Private Investor. Once someone verifies the information that you have and does a Title Report on the collateral you might be able to turn this around in 14 days...

[Central Banker]

Not exactly looking for a commercial real estate bank.

Private Investor Funding is definitely most preferable. If you guys know any Private Investors that are legitimately open to this sort of deal, Please DM Me.

Would definitely appreciate a point in the right direct in terms of Private Investors.

Forgive me.. 60k for 45 days makes a lot more sense.. Now what doesn't make sense is believing that a Commercial Real Estate BANK will be trolling here looking for loans. You best bet is a Broker or a Private Investor. Once someone verifies the information that you have and does a Title Report on the collateral you might be able to turn this around in 14 days...

[FUNd]

Where's the hair on this one? There's a big patch of it somewhere, I guarantee it.

[Jstarr]

Provide me commercial real estate to cross appraised around 1.7M and I'll do 1M 7 Mo I/O 14% & 6pts with ppp - this is a site for alternative lending , if your looking for 6% go to a bank.... I know why you can't but I'll spare the details..

And if you can find someone willing to lend 1M for 45 days at 6% please let me know .. I will Save ours, borrow his and make 6pts on top.

**THIS IS A SERIOUS INQUIRY** - Please read the entire inquiry before responding. We're not looking to work with brokers.

**THE DEAL** - Seeking a DIRECT LENDER/PRIVATE LENDER for a $1 Million Short-Term Bridge Loan at no more than 6% interest. 40-45 day turnaround.

Assets, Bank Statements, and References are available upon request. We are an open book, but we just need a lender for short term funding for orders that our largest client has put in with our company. We did $12.6 million in revenue in 2015.

Please only serious inquiries. We're not going to give out information to people that are just seeking to put in an application. Respect our time and we will respect yours.

Please respond with information about your company, a website, and how your process works. Thanks Guys!


**THIS IS A SERIOUS INQUIRY** - Please read the entire inquiry before responding. We're not looking to work with brokers.

[Central Banker]

Not interested in opinions.... Only interested in replies from people that can be of assistance. Thanks!

Found what I need LONG AGO... Thanks buddy!

Provide me commercial real estate to cross appraised around 1.7M and I'll do 1M 7 Mo I/O 14% & 6pts with ppp - this is a site for alternative lending , if your looking for 6% go to a bank.... I know why you can't but I'll spare the details..

And if you can find someone willing to lend 1M for 45 days at 6% please let me know .. I will Save ours, borrow his and make 6pts on top.

[FUNd]

Sure you did.