RE Development Company needs 150k
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  1. #1
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    RE Development Company needs 150k

    Credit is excellent, needs funds to complete current project. Issue is he does not have due to nature of his business does not have consistent deposits. On average one large deposit (250k+) every few months once projects are completed. maintains monthly balance of 100k+ in account always. Does have several properties can pull equity from just time is not on our side to go asset based route. He needs funds within next 72hrs if possible. any direct lenders please pm. thank you.

  2. #2
    Senior Member Reputation points: 32658 Zach's Avatar
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    Quickbridge or National Funding might be a good fast option. They both have solid early payback options, so you can do a 2-step funding:

    Quickbridge ----- > WBL/Hard Money/Commercial Loan (paying them off as a bridge). Depending on the state, WBL has some excellent rates for prime borrowers... but they could also try the SBA or another commercial route as their take-out.
    Last edited by Zach; 05-16-2017 at 05:56 AM.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  3. #3
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    Sba isn't going to.be 72 hrs

  4. #4
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    LoanMe is good if the state is right. Then you can re-fi.

  5. #5
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    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  6. #6
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    Quote Originally Posted by mcaguru View Post
    does that happy face mean you are able to fund this? Merchant is a real estate developer does not have deposits every month. one deposit every two-three months for large amount but always maintains at least $120k in his account. perfect credit as is looking for 150k

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