Loan amount
$15,000,000
Loan type
As-Is Property Value
$100,000,000
LTV
15%
{LTV}
Property type
Commercial
Borrower Details
Credit score
850
Deal experience
100 deals
This loan scenario was submitted by a Broker
Property Details
State
Pennsylvania
Loan Details
Additional Loan Information
I would like to speak with someone, in regards to applying for a asset based loan, or shareholder loan. We are a C-Corporation, and we just finished the relaunch, March 2020. The cost for relaunch, came to $15 Million. Due to COVID-19, we weren’t able to finish our Bond Offering in a timely manner - which would have allowed us to finish 100% of our relaunch. Therefore, our immediate Capital needs is to borrow funds to cover our payroll. Our primary company is listed on the OTC Markets.
Status
Closed
Created
April 13, 2020 - 11:35am
Hard Money Lenders Now Offering Real Estate Investor Loans in Pennsylvania Philadelphia | Pittsburgh | Allentown | Erie | Gainesville | Reading Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans