Property Developer Funder
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  1. #1
    Member Reputation points: 11
    Join Date
    May 2015
    Location
    NYC via Detroit
    Posts
    17

    Property Developer Funder

    Who funds a property management/development company.
    1 position 50K (originally 75k funded)
    2nd position offer 30k @ 100 days.

    I am looking for a large 1st or a better 2nd.

    SFS declined
    Knight 28k offer
    OnDeck/Can declined

    If someone could please offer a recommendation and not just reply with "Send us the deal and we'll take a look at it" or "Sounds like a great deal for us."

    -Mason
    Premium Merchant Funding

  2. #2
    Quote Originally Posted by MKashat View Post

    If someone could please offer a recommendation and not just reply with "Send us the deal and we'll take a look at it" or "Sounds like a great deal for us."
    What do you expect when you provide no additional details such as monthly revenue/deposits, company profitability, credit scores, etc. especially when your only question is "who funds a property management/development company?"

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,733

    Property Developer Funder

    Mason,

    If the client has real estate collateral, WBL offers the lowest-price and longest-term 3rds in the space.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  4. #4
    Quote Originally Posted by MKashat View Post
    Who funds a property management/development company.
    1 position 50K (originally 75k funded)
    2nd position offer 30k @ 100 days.

    I am looking for a large 1st or a better 2nd.

    SFS declined
    Knight 28k offer
    OnDeck/Can declined

    If someone could please offer a recommendation and not just reply with "Send us the deal and we'll take a look at it" or "Sounds like a great deal for us."

    -Mason
    Premium Merchant Funding
    SFS declined it? Normally real estate developers are a slam dunk for them. Did they say why they declined it?
    Michael Jagiello
    Director of Client Acquisitions
    Blue Granite Funding LLC
    mjagiello@bluegranitefunding.com
    1(718)873-6407 Cell
    1(917)791-8911 Fax

  5. #5
    Yea curious why it was declined.

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