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LouisJ

Investors Line of Credit

Wednesday, February 11, 2015 - Article by: LouisJ - Louis Jeffries - Message

As a Real Estate Investor or Small Business Owner you could take advantage of a Business Line of Credit even without perfect personal credit. This will help you grow your business and of course make more money.

Product Details

  • Business revolving line of credit.
  • 2 year term
  • Small interest only payments each business day.
  • Monthly pay downs without penalty
  • Funding in 5 to 7 business days
  • Lines from $50,000 to $2,000,000 or higher
  • Subsequent payments
  • Rates as low as 4% (depend on all aspect of the deal)

Qualification Highlights

  • Lines made to a business entity
  • Lines must be collateralized by Real Estate
  • No minimum credit score to qualify
  • Line limit based on business cash flow and real estate value
  • Personal guarantee by the business owner

Collateral Accepted

  • Residential Property (non owner occupied) Single Family, Multifamily, Condo, Co-op
  • Vacant Land
  • Commercial Property (retail, mixed use, office, business occupied)
  • Blanket Loan option available

For Pre-qualification

  • REO schedule with type of property, date acquired, property value, gross rental income, net rental income
  • last 3 months to 6 months business bank statements

for more information Call Louis Jeffries @ 855-554-2733 ext 245 or email louisj@fbcfunding.com

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