Hello to all my name is Frank Lawson I am currently working on a 90 unit travel inn/hotel property in AZ. We are purchasing this property with owner financing, but are in need of the escrow assistance. We are looking for a lender that can help us with funding on this property as well as grow and will be with us long term. We have several projects on the table now needing both purchase and rehab funding.
This hotel is 2 miles from a growing airport that has just added a new landing strip. The property has 3 acres with it, and the plan is to work with the airport to build and lease additional parking for both short and long term parking as well as rooms for pilots and crew that need over night arrangements between flights. The hotel is already cash flowing and this will be a big increase. However, due to my current credit situation (which is being worked on) I am unable to get a lender to provide the escrow funding.
The details of the deal are; a deposit of $450,000 into escrow and the owner will carry a balance of $2,520,000 with payments of $16,663.88 at a 5% intrest for 48 months with a balloon payment at the end. As I stated previously, we are looking for a lender that can help us with funding on this property as well as grow and will be with us long term.
Please let us if you can help us.
email address is email@example.com
cell phone is 240-277-4730
Thank you in advance,
Good day to you we are a Private Lending Service. basically into financing and loan granting of any amount. We lease or Sale any Bank Instrument. and we charge 3% as interest rate on all our loan.. And we process all Loan Application within 72 hrs upon meeting our loan term and condition. Get back to me for more information. firstname.lastname@example.org
We can provide loans up to 80% of the value of your SECURITIES with a FIXED interest rate from 3% (interest only). The minimum loan size is one million dollars ($1,000,000) with no maximum.
The following Securities are acceptable for the loan:
Bonds (Bank issued)
Corporate Bonds (Blue Chip)
We can provide a very competitive and attractive securities based loan that is non-recourse, which means NO personal liability to you. These securities can be pledged as collateral for a very low FIXED interest rate loan. Use the loan funds for any purpose.
Our Securities Loan program will accept all forms of free-trading securities, such as Stocks, bonds, mutual funds, Stock options, etc. on both U.S. and International Securities exchanges, UK, Canada, Europe, etc.
A securities loan is the lending of funds collateralized by shares of publicly traded securities that you OWN, U.S. or international. It gives the borrower access to the liquidity of the assets without actually selling the Securities. The term of the securities loan is typically three to ten years and the securities are returned upon repayment of the loan.
The Securities Loan is Non-Recourse – with NO personal liability. A non-recourse Loan is secured by some form of collateral, your securities. If there is a default, the borrower keeps the loan proceeds and the lender only claims the collateral. The borrower’s liability is limited to the collateral pledged for the loan. In fact, the borrower has the right to walk away from the loan at anytime.
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