Need Creative Financing [commercial] $4million - Posted by Prerak Patel

Posted by George on March 24, 2006 at 18:35:39:

e-mail me off line. cashflowengineer@sbcglobal.net

Need Creative Financing [commercial] $4million - Posted by Prerak Patel

Posted by Prerak Patel on March 14, 2006 at 16:05:20:

Need Creative Financing $4million
HELLO I HAVE A CLIENT IN TX, OWNS A car DEALERSHIP AND WANTs TO
EXPAND to another location.

HE NEEDS Amount Requested: 4,000,000.00
Uses of funds: 90% (approximently) of the funds will be used to
purchase assets:

Purchase Real Estate, inventory, office and shop equipment
Real estate Refinancead: $ 300,000.00 market value $500,000.00
Inventory: $3,200,000.00 market value $5,400,000.00
Office & Shop equipment:$300,000.00 market value $300,000.00
Working Capital: $200,000.00

MY BORROWER HAS A LENDER THAT CAN ISSUE A $7miLLION CD AS
COLLATERAL.
The loan for the CD is 7MM. The CD is from a top 25 world bank.
The
CD will be pledged a the collateral to back this deal. As you can
see
from my summary the investor will be totally secured with the lien
position on the real estate and all the business assets and have a
7MM
CD.

JUST NEED CREATIVE FINANCING FOR THIS DEAL. ANY ONE OUT THERE THAT
CAN
HELP?

PRERAK

Re: Need Creative Financing - Posted by suzy

Posted by suzy on April 18, 2006 at 23:31:16:

Prerak-

If your still looking for funding, email me and i will get you in touch with someone i think can help you.
Suzy

Re: Creative Financing - Posted by Ingo Zink

Posted by Ingo Zink on April 17, 2006 at 18:32:27:

Typically what can be done is 75% LTV with and interest rate of 15%.
I would need some more info so give me a call at (541) 269-0710 or send me an email