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06-22-2016, 10:33 AM #19
1 mllion needed 12 mths
I agree with you guys, it's possible there could be some assets to lend against. One thing to note is that, per the original post, the client is negative $2MM on his balance sheet and he lent $2MM to the business.
This screams to me that it is unlikely he has any significant unencumbered assets... And definitely not enough to qualify for the $1MM he is seeking. Hopefully he has some personal real estate investments to capitalize.
(Unless someone here wants to lend on his equity in the business ;-) )Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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