Results 1 to 5 of 5
Threaded View
-
01-24-2023, 12:49 PM #1
- Join Date
- Jan 2022
- Posts
- 10
Collaterlized loan
I have a merchant who is in the market for an $800,000 term loan.
He has a hotel he's willing to put up for collateral that is worth 4.5mil that he owes 1.5 mil on, and another property worth 2.3 mil that he owes 1.6 mil on.
His company is only averaging 30k per month. Let me know if there is anything I can do here.
Similar Threads
-
Nationwide lending: New construction - rental loan - bridge loan - fix and flip
By MCABroker123 in forum PromotionsReplies: 0Last Post: 06-14-2022, 04:59 PM -
Rental loan portfolio lender needed! $500k loan amounts
By emeraldmoneygroup in forum Deal BinReplies: 2Last Post: 11-25-2020, 08:53 AM -
Need Asset-Based Loan Using about $1.5 million in Farm Equipment for $500,000 Loan
By Fundyman in forum Deal BinReplies: 4Last Post: 04-11-2020, 11:56 PM -
Will any funders fund a title loan and payday loan business?
By upperlinecap in forum Deal BinReplies: 1Last Post: 01-25-2018, 09:59 AM -
Can this work as SBA 7a loan? $1.6M loan needed for business partner buyout.
By HailMaryInvestment in forum Business LoansReplies: 4Last Post: 11-02-2017, 10:43 AM