Equity-Based / Hard Money Lending Firm
Location Colorado,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $950000
Net Profit / Cash Flow $750000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Inventory 4000000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Description This Internet-based Hard Money Lending Firm specializes in short-term private mortgages on residential and commercial real estate. Loans are well collateralized (maximum 70% as-is LTV) and are typically paid off within 6-9 months. Revenues are generated from interest charges (12 - 18%) and origination fees/points (3 - 5 points). Leads are currently generated 100% via the company web site and word of mouth referrals. Asking price includes note portfolio. Company would benefit significantly from additional capital as it is currently turning away a substantial amount of business. Seller would consider a full or partial sale, or would also consider working with private accredited investors seeking a safe ROI. Absentee ownership possible. Contact for more information on this Equity-Based / Hard Money Lending business for sale.
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