Need Fast and Secured $250K For Small But Growing NM Producing Oil Business - Will Pay Premium Rate!
Our Client needs a fast $250k loan for his recently purchased and already producing NM oil business.
He’s got 2 purchase contracts in place (Phillips 66 and Navajo Oil) and he’s delivering and billing around $50k to $60K monthly already. After this first loan he’ll require an additional $1.25 million to expand.
Credit not so hot: mid 600s.
He’s OK with higher than normal rates.
In addition to the Oil Contracts in place some real estate could be used as collateral. Or a Sale Leaseback program to lend on the assets of the working oil wells? Or a loan on mineral rights? We could also use all the assets of the Oil Company as collateral to finance my client.
Please, if interested and able to fund contact me ASAP.
Many thanks,
Replies to This Discussion
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Permalink Reply by John Setser on
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Francisco,
We may be able to help place this loan. One of our lenders is able to lend using a variety of collateral types. Give me a call and we can discuss.
John
John Setser, Owner
Setser Capital Solutions
p:419-520-9566
Setsercapital.com
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Permalink Reply by OCF Private Lending on
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Hello John,Thanks for your interest. I called and left VM. Please, feel free to call back anytime or reply to my message.Please confirm receipt and advice,Many thanks,Best regards,Francisco De La ChesnayeDirect: 702 605 0220
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