All Forum Posts by: Jacob Bassett

Thank you, Marcus! Much appreciated! 

There's not a specific scenario yet. I'm just looking for information for future knowledge use. Thank you in advance!

Are there times within a real estate transaction where one might benefit from using non-collateralized personal loans for working capital or is it more of a hindrance than a beneficial tool?

If it's a hindrance, what would be a better route to use when someone has already acquired a property or in the works of acquiring and needs working capital?

If anyone is still exploring SBA 7(a) or other purchase, refi, cash out, and/or working capital funding for RE I definitely suggest looking into Harvest Finance. They offer 7(a) LTVs up to 93%, 504's up to 90% and conventional non-SBA up to 70%. Rates are normal current market rates of most SBA lenders which is prime+2-2.75%. They're an SBA preferred lender and from the communications I've had with a couple of contacts over there, it's an amazing team.

Never hurst to explore options so I just wanted to put that suggestion out there incase anyone wanted to reach out to them. Message me and I'd be happy to provide my contacts information so you could contact her directly. Even if its just to discuss things further and you finishing the conversation with some advice and direction from professionals who provide those specific types of programs daily. For purposes of not trying to simply blast her contact info out everywhere, just shoot me a quick direct message and I'd be happy to provide her direct contact info.

Are you in need of working capital for you investment property(s) or business? Do you have a source for non-collateralized bank lending?

If you're small business owner or even an investor without a business, our programs are all uncollateralized and requirements are much simpler than SBA.

Receive a NO RISK, same-day pre-qualification up to $500k.
Benefits of working with us:
-Soft pull prequalification (No hard inquiry)
-No pre-payment penalties
-No restrictions on use of funds (Can use for any project or need)
-Funding within 7-15 business days
-We are A+ rated with BBB and have outstanding testimonials/client reviews (Google "Preferred Funding Group" or preferredfundinggroup.com"

*US CLIENTS ONLY- due to the required docs being a credit report with US credit history and US tax returns*