[lcorriette]

OFFER ON THE TABLE: Value $700k / Financing $225k / Down Payment $75k / Rate 5% / Term 25 Years

WANTS: Interest Rate below 5%

Purpose: Purchasing 2nd Location
Owner Occ Biz - Retail Store (2nd Brick & Mortar Location)

FICO - 820
Revenue - $100k Annually - Expected for 2017 $100k to $120k
$1 Million in Inventory - (Paid for)

Established - 8 yrs
Rent - $4363 (Sq ft 10,250)
Credit Cards & Cash only - No Checks
NO Outstanding Loans

[Yankeeman07]

OFFER ON THE TABLE: Value $700k / Financing $225k / Down Payment $75k / Rate 5% / Term 25 Years

WANTS: Interest Rate below 5%

Purpose: Purchasing 2nd Location
Owner Occ Biz - Retail Store (2nd Brick & Mortar Location)

FICO - 820
Revenue - $100k Annually - Expected for 2017 $100k to $120k
$1 Million in Inventory - (Paid for)

Established - 8 yrs
Rent - $4363 (Sq ft 10,250)
Credit Cards & Cash only - No Checks
NO Outstanding Loans

This forum is for MCA lenders/funder's - You have a commercial mortgage for a client that is 1% over Prime.
That's a great offer,

The Current U.S. (Fed) Prime Rate is: 4.00%
http://fedprimerate.com/

[TedFundy]

5% per year... not too shabby. If you want 5% per week, you came to the right place.

[WestCoastFunding]

OFFER ON THE TABLE: Value $700k / Financing $225k / Down Payment $75k / Rate 5% / Term 25 Years

WANTS: Interest Rate below 5%

Purpose: Purchasing 2nd Location
Owner Occ Biz - Retail Store (2nd Brick & Mortar Location)

FICO - 820
Revenue - $100k Annually - Expected for 2017 $100k to $120k
$1 Million in Inventory - (Paid for)

Established - 8 yrs
Rent - $4363 (Sq ft 10,250)
Credit Cards & Cash only - No Checks
NO Outstanding Loans

If you're looking for a 25 year term with less than 5% APR, your only option will be Mantis.

[FCG]

He came here to brag lol

[FundingCzar]

He came here to brag lol

I'm not a prognosticator but all signs point to the fed raising rates again on May 2nd. I would close that offer asap, would be very surprised if they found a better deal.

[abfunders]

How about a business line of credit? 4-6% yearly interest and they won't have to pay back the principle for quite some time. It's a great up-sell, and every good business needs ones like these.

I don't think anyone here will beat the bank's current offer, if it's a REAL offer. Many times it's an offer prior to actual funding that has no relationship to the actual final offer and fees. Send me an email, see if we can help. No, I'm not a direct lender, but I have direct access to make the sale and understand the product, and I can introduce it to your client, and we can make it worth both our while.