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03-29-2016, 09:39 AM #1
Real Estate guy in need of ~20k
Hello all! So a client of mine that flips real estate is looking to get about $20k. Has one balance with SFS with about 8k left. He only does a few deposits (3-5) monthly and the last three months he averages $17k. However, his daily ledger consistently sits above $40k and sometimes over $70k. He was looking for $20k which would likely entail buying out his SFS balance. I know real estate tends to be a tricky industry and SFS only wants to re up $15k to which he'd only be netting a little over 7 grand (ideally he'd want to net 10). Good credit, clean statements. Any help would be much obliged!
Michael Jagiello
Director of Client Acquisitions
Blue Granite Funding LLC
mjagiello@bluegranitefunding.com
1(718)873-6407 Cell
1(917)791-8911 Fax
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