Results 1 to 6 of 6
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11-22-2016, 01:12 PM #1
logging company - need land financing
we have a client that owns a logging company. they have a contract with a land owner now that has over 6,000 acres. he has to pay the land owner a % of the total wood he processes at the mill. no matter if it's pine or hard wood, which both go for different costs - he pays the land owner the same margin.
the client is a 3rd generation logger that has a lot of potential to grow and do a lot more volume financially. he tells me that he would be in a much better position to increase his margin if he had a bank that could finance the land for him for 12-24 months and just let him pay that off in monthly increments - instead of giving the land owner a cut.
there has to be banks that will do this, anyone have any ideas?Anthony Diamond
Underwriter
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11-22-2016, 01:22 PM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,485
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11-22-2016, 02:14 PM #3
WBL can lend against land, if the borrower has run out of options through traditional banking sources.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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11-22-2016, 02:52 PM #4
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11-22-2016, 03:01 PM #5Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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11-22-2016, 04:47 PM #6
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