Results 1 to 7 of 7
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03-29-2017, 09:44 AM #1
- Join Date
- Mar 2015
- Location
- Boca Raton
- Posts
- 39
Real estate management company needs funding
REAL ESTATE MANAGEMENT COMPANY
California business SOS EST-9/19/2007
CA business
680-700 credit
Merchant looking for 4th position or consolidation
1st position $45k @ $271.00 daily
2nd position $10,000.00K @ $167.00 daily
3rd position $15,320.00 @ $329.00 daily
Monthly deposits $82,635.34
41 deposits per month
daily balance avg $2,993.93
Merchant avg 6 neg days per month
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03-29-2017, 10:39 AM #2
- Join Date
- Jan 2016
- Posts
- 435
I can't see a consolidation happening without collateral, a high risk funder might be able to give you a 4th though
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03-29-2017, 10:51 AM #3
6 negative days, AND as a 4th? Don't really see that happening.
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03-29-2017, 11:23 AM #4
- Join Date
- Jun 2016
- Posts
- 68
please send over this file. Nathan@empirefunding.com
EMPIRE FUNDING
1022 AVE M BROOKLYN NY 11230
646 930 4338
nathan@empirefunding.com
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03-29-2017, 06:20 PM #5
i can name 5 companies off of the top of my head that would do a 4th position of 10-20k
but its in the ISO's & the merchant's best interest to try and consolidation the two smaller balances. free up $496 a day in cash flow and net money - plus the iso makes a larger commission ona consolidation rather than doing a small 4th position.
just have to find a lender that doesnt deem real estate high risk, which most do.Anthony Diamond
Underwriter
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03-29-2017, 07:24 PM #6
WBL can facilitate either a consolidation loan for a maximum of 2X the borrower's monthly revenue, OR a 4th position for an extended term of over 12 months. Our 4th position loan amounts will also be much larger than any of our competitors. The catch is that we require real estate for our transactions -- we utilize land, commercial, residential, and even owner-occupied.
Feel free to give me a call and I'll get some preliminary numbers in your hands.Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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03-30-2017, 04:12 PM #7
- Join Date
- Nov 2014
- Posts
- 438
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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