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  • Puerto Rico Collateral Lender?

    I have a client from Puerto Rico who is looking for $200,000. She has 700 credit, does $60,000-$100,000 a month, and currently has 1 advance that's pretty low. She wants $200,000 for renovations and is willing to use her property as collateral which she has $385k equity in. Anyone know a firm who can tackle this and is able to use commercial real estate from Puerto Rico as collateral?

  • #2
    Contact me: 361-717-1477; matt@ironwoodfinance.com I just funded a client in PR for 12K and it was an area hit by the hurricane. As long as we can secure this advance with their A/R or collateral we may be able to work out a deal. It might be hard to use their property because I don't know a lender who would assume the risk of that.

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    • #3
      I can get you up to $2MM if the numbers are right.

      Keith Lloyd
      P- 773-830-4629
      F- 773-341-7493

      Mom & Pop Merchant Solutions
      Mom & Pop Business Funding
      www.mpbusinessfunding.com
      lloydmpfunding@gmail.com
      Last edited by lloydmpfunding; 03-01-2019, 11:34 AM.

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