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Andrew Scherer
  • Real Estate Agent
  • Perkasie, PA
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Private or Hard Money - Secured Business Loan

Andrew Scherer
  • Real Estate Agent
  • Perkasie, PA
Posted May 7 2021, 17:14

Looking for private or hard money financing for a secured business loan.

  • $50,000 secured by mobile home (new park model trailer) on leased land
  • 8-10% rate
  • No more than 2 points upfront
  • Payments made based on monthly company deposits if possible (not needed but preferred)
  • 5 year max term - no prepayment penalty

Company has no debt and ranges from $8,000 - $30,000 in monthly deposits.

Looking for