[ADiamond]

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?

[Kevin Henry-Seacoast]

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?

Sent you an e-mail

[Zach]

WBL can lend against land, if the borrower has run out of options through traditional banking sources.

[ADiamond]

WBL can lend against land, if the borrower has run out of options through traditional banking sources.

zach your program isnt going to work... he doesnt own the land, he wants a bank to finance the purchase of land at a monthly payment. thanks tho!

[Zach]

zach your program isnt going to work... he doesnt own the land, he wants a bank to finance the purchase of land at a monthly payment. thanks tho!

We can fund purchases as well, although we wouldn't offer a monthly.

If you end up exhausting all other sources... Feel free and reach out!

[ADiamond]

We can fund purchases as well, although we wouldn't offer a monthly.

If you end up exhausting all other sources... Feel free and reach out!

i'll keep you in mind as plan Z if all else fails and maybe you can do an 18 month weekly lol thank you bud