I represent an internet distributor of nutritional products that recently purchased an office building in Carlsbad, CA. They are also looking to purchase a warehouse in the next few months. They have very strong financials and purchased the office building last year for $1.3 million, cash. They would like to arrange debt on that asset as well as acquire a warehouse for an additional $500k. The LTV would be in the 70% range.
The big caveat is that major banks will not lend to them, nor will the SBA guarantee a loan due to the perception of some of the products they sell. They are not looking for a hard money loan, just traditional financing with a smaller institution.
This is their web site:
http://www.arenaethnobotanicals.com/
Please contact me if you can arrange financing for them.
Thanks
Josh
Tags:
Hi Josh,
Do you have a private email to discuss your lending guidelines?
Thanks,
Donald
Hello Josh,
If they don't go through with the local bank, please contact me. We can provide LTV of between 70%-80% with extremely competitive rates. My contact: klitaba@gmail.com or 817-350-7660.
Best regards.
Kevina Litaba
Hello Josh,
Non-Recourse Commercial Mortgages to 80% LTV $750,000 and up
Small Portfolio Program to 75% LTV $100K to $500K
STATED Program to 70% LTV $150K to $5 million
E-mail me tony@tmlg.net or call (765) 236-6002
Best Regards,
Tony Chorrushi
(765) 236-6002
http://tmlg.net
http://tlc160.com
Josh,
Please find attached a commercial stated loan program. Should you be interested please provide the
requested documents. Should you have any questions please contact me.
Regards,
Arnold Walker
stonecreekfs@yahoo.com
510-575-1709
Josh,
This may be of interest to us. Please see below:
International Investment Banking Group up to 100% funding either debt or equity or combination worldwide! We fund based on the project strength not LTV or LTC. We are interested in the Energy, Technology, Mining, Real Estate and Business- (lines of credit, working capital, contract financing, purchase order financing, factoring, etc.) sectors. 30 year proven track record!
We offer pricing is bank rate or better with terms of 3, 5,7,15 & 20 years. No front fees. Principals must cover third party cost prior to closing. Our market is domestic and international. To move forward we will need an executive summary with proforma or actual income statement for 3-5 years, use of funds statement and exit strategy showing timeline for repayment along with bio/resume of Principal and their team.
We provide funding for the borrower’s capital request in the form of debt, equity or a combination and allow all documented expense and fees paid by the borrower to be stacked on top of the funds requested. We can offer a moratorium on payments until the project is stabilized and cash flowing if the timeline to stabilization is reasonable.
(The following remark is not intended to offend but stated because of so many request from those who believe that all cost can be paid from closing proceeds):
“If there are no funds available to cover project cost and principals expects the lender to pay the necessary cost to determine if the project is lendable, close and fund the project and get their expenses from the loan proceeds then no one I know of can help you.” I have 28 years experience in this industry and have never seen that happen with lenders in the US, Western Europe or anywhere else.
Ron Coleman, President
NEPCO, INC - FUNDING FOR PROJECTS AND ASSETS IN THE ENERGY, TECHNOLOGY, MINING, BUSINESS AND REAL ESTATE SECTORS 770-572-7765; nepcoinc@att.net; nepcoinc1 -Skype
Let's connect!
Jeff@NelsonCommercial.org
Josh,
Are you still seeking financing?
Regards,
Arnold Walker
stonecreekfs@yahoo.com
510-575-1709
HI Josh,
VELOCITY COMMERCIAL CAPITAL can provide a more cost effective financing solution versus traditional hard money, with even less conditions and no income verification required. We are between institutional financing and hard money. Our rates and costs are much lower than traditional hard money, but our guidelines are much more forgiving than institutional banks. I can send you some information on our rates and guidelines to see if it would be a good fit. Please let me know how I may be of service. Thank you.
Steve X. Dao,
Wholesale Commercial Loan Consultant
Velocity Commercial Capital
DRE Broker#01327633 NMLS#869952
30699 Russell Ranch Rd, Suite 295
Westlake Village, CA 91362
PH 866.505.3863 ext. 346
PH 818.338.9546 – direct #
FAX 818.338.9746
sdao@velocitycommercial.com
Josh,
International Investment Banking Group up to 100% funding either debt or equity or combination worldwide! We fund based on the project strength not LTV or LTC. We are interested in the Energy, Technology, Mining, Real Estate and Business- (lines of credit, working capital, contract financing, purchase order financing, factoring, etc.) sectors. 30 year proven track record!
We offer pricing is bank rate or better with terms of 3, 5,7,15 & 20 years. No front fees. Principals must cover third party cost prior to closing. Our market is domestic and international. To move forward we will need an executive summary with proforma or actual income statement for 3-5 years, use of funds statement and exit strategy showing timeline for repayment along with bio/resume of Principal and their team.
We provide funding for the borrower’s capital request in the form of debt, equity or a combination and allow all documented expense and fees paid by the borrower to be stacked on top of the funds requested. We can offer a moratorium on payments until the project is stabilized and cash flowing if the timeline to stabilization is reasonable.
(The following remark is not intended to offend but stated because of so many request from those who believe that all cost can be paid from closing proceeds):
“If there are no funds available to cover project cost and principals expects the lender to pay the necessary cost to determine if the project is lendable, close and fund the project and get their expenses from the loan proceeds then no one I know of can help you.” I have 28 years experience in this industry and have never seen that happen with lenders in the US, Western Europe or anywhere else.
NEPCO, INC - FUNDING FOR PROJECTS AND ASSETS IN THE ENERGY, TECHNOLOGY, MINING, BUSINESS AND REAL ESTATE SECTORS-WORLDWIDE
Ron Coleman, President
770-572-7765-ofc; nepcoinc@att.net; nepcoinc1 -Skype
Hello,
DO YOU NEED FUNDING? Am a private lender willing to work with you, Contact me to visit the company website for more info on direct funding, asset protection, credit repair, business solutions and much more because our loans are well insured for maximum security is our priority.
Email# di.soluhome@gmail.com
(Serious Inquiries Only)
© 2024 Created by Admin. Powered by