Results 1 to 5 of 5
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01-23-2016, 10:49 PM #1
- Join Date
- Oct 2015
- Posts
- 66
Group Loan
I have five business owners who opened one entity together. They all pool an agreed upon amount of money into the account each month.They do this for reasons of buying power during certain jumps in the year. Is there a way to underwrite the total but designate the payback to which ever owner is taking on the debt?
I thought about designating different accounts to each owner but then funding amount isn't as great for one as it would be for all five totaled.
Any suggestions, thanks in advance.
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01-24-2016, 12:20 AM #2
Group Loan
I believe CAN only requires 5% ownership
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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01-24-2016, 08:58 AM #3
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Group Loan
Good morning TMR.
Does the buying entity sell the products to the five companies?
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01-24-2016, 09:42 AM #4
- Join Date
- Oct 2015
- Posts
- 66
Yes. It supports everyone involved weather they're utilizing each other or outside retail, wholesale and distributors.
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01-24-2016, 10:17 AM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Group Loan
We may be able to help. How about setting up a call tomorrow?
Please give me a number and good time to call. I'm on EST.
Bob
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