Unsecured private lending

[Magnus Wikström]

Hi all,

We're 2 foreigners based in Europe doing business in FL entities, building SFR in SWFL. We're not US residents nor have FICO scores. I have an ITIN though.

We've completed 2 ground up SFR in the US, I've done 2 myself in Spain and 1 in Sweden prior, and my business partner 5 projects in Sweden. We've got decent options for construction financing but the working capital we want to increase for bigger draws, as it's all paid back by the project funder anyways. We've had challenges with this, particularly because we're using Wise for banking (although in the process of switching now to Terrabank (FL)). We're Swedish, experienced business people, I'm a real estate economist, 7 years exp. in RE development finance, and my business partner an entrepreneur with 3 successful exits through company sale out of 5 companies started. We sit on about $300.000 in liquidity. Ideally, we'd set up unsecured funding for working capital of $150.000-$200.000, but we can make use of as little as $20k. Anybody know where to turn or want to discuss?

Thanks