Equity-Based / Hard Money Lending Firm

www.GlobalBX.com

Listing ID: 70034027

Listing Title: Equity-Based / Hard Money Lending Firm

Quick Link: http://www.globalbx.com/listing.asp?bId=34027

Industry: Real Estate

Industry Segment: Mortgage Brokers

Country: United States

State / Province: Colorado

Area

City:

Asking Price Range: < $250K

Gross Revenues: $950,000

Cash Flow: $750,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2002

Number of Employees: 1 - 3

Business 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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