Results 1 to 8 of 8
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07-01-2022, 11:55 AM #1
- Join Date
- Apr 2015
- Location
- Morristown, NJ
- Posts
- 100
1st Position - Need Funder, Entity was Formed in March
A computer repair shop that has been opened since November and was operating as a sole prop, formed an llc in March. Has increased volume every month, started doing 5k a month and now does 20k/mo. Has no positions. Has an offer for 18,250 paying back $26,500 over 50 payments. If I can match that with 60 payments instead, he will take my deal, however I am having trouble finding a lender becasue his entity was only formed this March.
Please call me at 973-936-8428 or email me at richard@pegasusfundinggroup.com ASAPLast edited by rmckellar; 07-01-2022 at 12:19 PM.
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07-01-2022, 12:35 PM #2
Shouldn't matter he changed entities. When I was with a direct lender we considered TIB going back for the original entity. Did you tell the lenders that? Did he have a DBA as a sole prop? Or was it personal bank account.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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07-01-2022, 12:55 PM #3
- Join Date
- Apr 2015
- Location
- Morristown, NJ
- Posts
- 100
yeah it is frustrating, I ran several direct lenders throughout 2009-2019; yeah I am getting this response from a variety of lenders and yeah he was operating as a sole prop and had an account for it, not his personal account.
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Rich McKellar
www.linkedin.com/in/richardmckellar
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07-01-2022, 01:17 PM #4Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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07-01-2022, 01:51 PM #5
- Join Date
- Apr 2015
- Location
- Morristown, NJ
- Posts
- 100
yeah i usually include a short synopsis in the submission email, and i have detailed that
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Rich McKellar
www.linkedin.com/in/richardmckellar
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07-01-2022, 02:07 PM #6Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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07-01-2022, 03:18 PM #7
- Join Date
- Apr 2015
- Location
- Morristown, NJ
- Posts
- 100
oh yeah its on my app under time in business
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Rich McKellar
www.linkedin.com/in/richardmckellar
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07-05-2022, 05:35 PM #8
- Join Date
- Jan 2014
- Posts
- 1,366
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