Bridge Loan for new Hotel
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Expired |
| Grade: | A | DTI: | 0% |
| Lender Rate: | 20% | Borrower: | bss97603 |
| Finished | State: | OR | |
| Funded: | 15% | Group: | (No Group) |
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Purpose of loan: To fund addtional capital requirements for our new Microtel Inn & Suites hotel. My financial situation: I am a good candidate for this loan because? I have been a sucessful business person for over 12 years. My credit is very good, the debt is from this venture, which has every indication to be successful. I have third party income, not tied to this property, so the investment is safe. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 349555 | Bridge Loan for new Hotel | A | $25,000 @ 20% | Jun 12, 2008 | Expired |
| 402936 | Transition Loan - TO SBA | A | $25,000 @ 35% | Sep 23, 2008 | Loan created |
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