Results 1 to 6 of 6
Hybrid View
-
01-17-2016, 07:43 PM #1
Reputation points: 311
- Join Date
- Aug 2015
- Posts
- 30
$25MM L.A. Construction Project ($1.3MM Needed)
Client is looking for an additional $1.3MM to finish a $25MM building project on a new high end building in LA area that is 60% finished and has been funded all in cash from the owner except for $2.5MM from his bank. He has a 780 credit score and does about $2MM a year in revenue. If anyone has a connection to possibly obtain funds using this building under construction or any of his other $20MM in assets as collateral to obtain a single digit interested rate please email me below.
Any help is greatly appreciated!
Austin Moss, Strategic Capital
Mobile: 913.314.0122
Email: amoss@capitalwithstrategy.com
Website: www.capitalwithstrategy.com
-
01-17-2016, 11:10 PM #2
Reputation points: 7360
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Sent you an email.
Best,
Dan Page
dan@fundingstrategypartners.com
-
01-18-2016, 03:57 PM #3
Reputation points: 12878
- Join Date
- Jan 2016
- Posts
- 435
Credit Junction might be a good home for this deal, they have inventory and A/R based LOC starting at 200K to 2M. Depending on what the collateral is they might be able to help you out.
-
01-18-2016, 04:02 PM #4
Reputation points: 4530
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
$25MM L.A. Construction Project ($1.3MM Needed)
Why isn't his bank extending their existing facility?
Bob
-
01-18-2016, 09:48 PM #5
Reputation points: 311
- Join Date
- Aug 2015
- Posts
- 30
-
01-19-2016, 01:38 PM #6
If any of the $20MM in assets happen to be real estate then it should be fairly easy for me to place this loan. If that's not the case then I'd definitely need to know the as-is value of the property. I have a few commercial lenders who would most likely entertain this while supplying your client with the rate they're looking for, just need more info about the scenario and background of the borrower so I can point you in the right direction. 201-210-8552 / paul@oracleloans.com
Last edited by pmoney; 02-08-2016 at 10:47 AM.
Paul Marzolla
CEO @ GreenBridge Loans
______________________________________________
Main: (800) 677-5771
Email: paul@greenbridgeloans.com
Connect with me on LinkedIn
Click to download our Partner Agreement
______________________________________________
GreenBridge Loans
221 River St, 9th Fl
Hoboken, NJ 07030
www.greenbridgeloans.com
Similar Threads
-
Asset Lender Needed - Pinball Machines and Construction Equipment
By John Pedersen in forum All Other LendingReplies: 2Last Post: 05-20-2015, 04:02 PM -
2 deals: Title loans for Class 8 trucks Needed & yellow iron asset based loan needed
By love2fish in forum Deal BinReplies: 1Last Post: 03-03-2015, 09:37 AM -
Anyone doing project based lending?
By rld in forum All Other LendingReplies: 7Last Post: 06-18-2014, 06:57 PM