New Loan Product

lender profile

June 03, 2023

by a lender from Fordham University - Gabelli School of Business in Fort Myers, FL, USA

We have a new loan product that may those with portfolios and high cash flowing assets to cover down payments and working capital needs.

The loan is based on the net income derived by your real estate portfolio.

The loan amount is a multiple of up to 22X the net monthly income. Example: net income after taxes, insurance and debt service is $90,000 per month = $2M loan.

Terms are 1-5 years, with a monthly amortized payment structure.

The loan is secured by a UCC lien against the entity that holds the asset. Max $2M loan per entity.

Rates and Fees are very reasonable- comparable to subordinate loans, currently 11-16%.

No restrictions on use of the loan proceeds apply.

No appraisals, environmental reports, etc. required.

Contact: redacted

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