Results 1 to 5 of 5
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04-20-2017, 11:49 AM #1
- Join Date
- Feb 2017
- Posts
- 4
SBA TYPE LOAN - Needs 8 to 10 years - TRUCKING Biz
WANTS: 750,000
Monthly REVENUE - $500k
PURPOSE - Pay Off Loans, MCA and Purchase Catering Equipment
Biz Type - 98% Transportation and 2% Farming
40 yrs in Business
Brick and Mortar - NO Mortgage - Has HELOC
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04-20-2017, 11:57 AM #2
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Hey lcorriette,
Just for clarification...you say No Mortgage but has HELOC.
If the HELOC is on their personal residence, do they own their commercial building?
If so, I can likely hit those numbers with 8% -12% rates. Traditional mortgage with early pre-pay.
Thanks,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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04-21-2017, 07:13 AM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Good Morning Icoriette,
If the client has strong earnings, credit, and collateral, traditional commercial mortgage rates will be available to them (less than 6%)- with amortizations up to 25 years.
If the client needs Capital ASAP while the process is ongoing, we can supply Bridge Funds to address that.
Feel free to touch base to discuss documents required and realistic time frames to Fund.
Richard 516 510 3855
Business Capital Consultants
775 Park Avenue Suite 255
Huntington, NY 11743
rg@businesscapitalconsultants.com
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04-21-2017, 04:48 PM #4
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
It seems to me that you are looking for an installment loan that we can help with. However there may be other financial products that are better for them and you.
Bob Shaw
Rshaw@ironhorsecredit.com
734-929-3800
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05-02-2017, 11:21 AM #5
We may be able to help you contact us at https://www.fastcapital360.com
Fast Capital 360 - Fast, Transparent & Fair Small Business Loans.
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