Provide Transactional Funding

[Linda L.]

A-Seller, B-Wholesaler, C-End buyer

When you provide transactional funding to B as a lender, what are the things that you need to watch out for?

C provides non refundable deposit. Is there a % to the fund?

Although the fund stays in escrow, what are the other risks except that time frame can be extended from one day to 45 days?

what rule/regulations do we follow when charging the interest rate as a transactional funding lender?

[Account Closed]

A transactional funding lender will charge a flat fee to do the A to B deal as long as the end buyer has 100% of their money in escrow. Most transactional funding lender will have the borrow to put their fee in escrow before they fund the A to B deal.

Joe Gore