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Updated over 4 years ago,
Looking to borrow up to $3M against $7.3M in real estate lots
I was approached by a company that specializes in selling empty lots to people for all uses, mobile homes, RV, hunting, blowing stuff up, whatever, Some are large, some are small.
436 now and adding $1M in receivables each month.
Looking to borrow as much as they can to fund new purchases. Pretty slick operation. Not sure if this is the right forum, could not find anything better.
They would like to borrow up to $3M and they can secure a loan with several ways, current receivables, the assets themselves, as well as the new assets the loan will be used to finance with.
$7,313,488.00 in Total Lifetime Sales
$870,848.48 in Payments to date
Monthly payments total $112,435.60
Interested in more info? PM me please....