Looking to raise debt quickly (2 Weeks) for entitlement deal

[Dustin Poole]

Hi Everyone! Looking for advice on raising about $1.2M quickly (2 weeks) from my existing network of doctors. 

The land entitlement deal has been in the works for 18 months. 

Under contract with a public builder and ran into a delay (due to close last November) when the city administration completely turned over and changed course at the exact time we submitted our DA. 

We are about 60 to 90 days out from closing, but we have a gap to bridge between our B to C (Us to Builder) and A to B (Seller to Us) transactions. 

I have a bank willing to lend on the deal but will need to provide equity and cash reserves of $1.2M.

I've raised capital prior, but not this amount. 

Here are my questions:

1. Which syndication software is recommended to keep everything streamlined?

2. What terms would make sense given the short period and current climate?

Thanks for the help in advance!

[Ronald Rohde]

I'd recommend someone like Ethan Gao he can do the entire amount.

[Joshua Andrews]

Quote from @Dustin Poole:

Hi Everyone! Looking for advice on raising about $1.2M quickly (2 weeks) from my existing network of doctors. 

The land entitlement deal has been in the works for 18 months. 

Under contract with a public builder and ran into a delay (due to close last November) when the city administration completely turned over and changed course at the exact time we submitted our DA. 

We are about 60 to 90 days out from closing, but we have a gap to bridge between our B to C (Us to Builder) and A to B (Seller to Us) transactions. 

I have a bank willing to lend on the deal but will need to provide equity and cash reserves of $1.2M.

I've raised capital prior, but not this amount. 

Here are my questions:

1. Which syndication software is recommended to keep everything streamlined?

2. What terms would make sense given the short period and current climate?

Thanks for the help in advance!

 Dustin,

Reach out to me, I may be able to help. This gap or equity type funding is exactly what we do. It's not cheap, but we do this frequently. Give me a call 480-438-6920.