Equity-Based / Hard Money Lending Firm
Location Colorado,United States
Asking Price Range < $250K
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 25000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Description This Equity-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 does not include note portfolio unless purchased separately. 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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