Factoring for realtors/investors

[Rich Weese]

I had a good visit with another BP member today brainstorming. It was suggested that there was a real opportunity to make some short term high rate loans. Realtors and investors ALWAYS have profits and commissions spent before they actually receive them. They don't like waiting and most would take less if they could get the $ quicker. Sort of like Pay Day loan type loans for larger amounts specificcally for realtor/investors. What do you think? Could you use that option to get over a hump even though the rate would be high(5% or more per month). Just curious. Rich.