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12-01-2021, 05:21 PM #1Senior Member
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Hard Money Loans (Private Lenders) will not place money @ 3% - You are looking in the range of low to high teens for even the stronger files
Originally Posted by Fundthis!
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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12-01-2021, 07:24 PM #2Senior Member
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3 points is the fees, the rates 10s to 11s
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12-02-2021, 01:05 AM #3Senior Member
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1st - you have not provided any concrete details regarding the deal- the borrower . Originally Posted by Fundthis!
Borrowers do NOT dictate the terms of the deal - so - if your client thinks he/she can pre determine the terms - walk away.
You are wasting your time.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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