Asset Based Lending
Example Rates and Terms below…
Our programs will range depending on the type of property, but the majority of our programs will be written ranging between 11-13% and 1-5 points.
“Below are actual recent scenarios that were completed in the last 90 days.”
Note: We help investors access unsecured funds through highly effective corporate credit program, “No Doc” funds fast.
| SFR | 32 Apt Building | SFR Construction |
| 11.0% Interest Only |
11.5% Interest Only |
12.0% Interest Only |
| 1 Year Term | 6 Months Term, 6 months ext. | 1 year Term |
| 72% LTV | 68% LTV | 90% LTV |
| Seller Carry back Ok, the buyer used 5% of his own funds, and seller carried the rest | Seller carried back 25%, and the borrower used credit line funds to complete the deal | Property was REO, needed $250,000 to finish, ARV was exceedingly high, allowing for aggressive financing. Borrowing used $35,000 of own funds. |
| Hotel resort | 280 Unit Complex | 3, 4 plex Units |
| Remodel and repositioning of historic property | Remodel of 36 Units |
Remodel projects |
| 24 Month term 11.5% 4 Points |
24 Month term 12.5% 5 Points |
6 Month Term 12.5 % 4 Points |
| 60 % LTV | 75% LTV | 70% LTV and 100% ARV |
| Seller Carried back 30%. Borrow used Investors for Cash Down | Project had sufficient cash flow to cover payments. Seller carried 20% borrower used 5% cash. | Borrower used additional collateral to cross subject property, 100% financing was obtained. |
Corporate Credit Cards
| Amex |
Visa | MasterCard |
| $28,5000 | $25,000 | $17,5000 |
| No Doc Co-signer Business Credit |
No Doc Personal “ghost Guarantee” |
No Doc Business Credit Co-Signer 720 fico |
| 0% Interest 6 months | 0% INT 6 Months | 10% interest |
| 7 Day Funding | 10 Days Funding | 7 Day Funding |
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