Group Loan
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  1. #1

    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.

  2. #2
    Senior Member Reputation points: 32658 Zach's Avatar
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    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

  3. #3
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    Group Loan

    Good morning TMR.
    Does the buying entity sell the products to the five companies?

  4. #4
    Yes. It supports everyone involved weather they're utilizing each other or outside retail, wholesale and distributors.

  5. #5
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    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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