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7 November 2019 | 6 replies
. * Trailing 12 month, month-by-month operating statements (P&L).* Current rent roll.* Indication that borrower net worth is greater than the loan amount and borrower liquidity is greater than 10% of the loan amount.
4 November 2019 | 3 replies
You may have to provide a P&L for your business to show that the revenue is stable, and your CPA can vouch for you.I'm not a huge fan of cross collateralized loans, especially for different businesses.
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6 November 2019 | 14 replies
Originally posted by @Nicholas L.
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7 November 2019 | 25 replies
Originally posted by @Cody L.
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8 November 2019 | 22 replies
Originally posted by @Taylor L.
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7 November 2019 | 8 replies
@Cody L. did your friend spend a lot of time keeping that portfolio on track?
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15 November 2019 | 103 replies
Originally posted by @Kris L.
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8 November 2019 | 8 replies
@Kris L., @Rick Pozos thanks for the feedback.
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7 November 2019 | 5 replies
@Taylor L.