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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Exceptional Specialty Hard Money Opportunity

Location  Washington,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2009
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Boxes are not representative of the deal.
Reason for Sale  It's a great opportunity for you to leverage your cash and or financial statement.
Description  We see an untapped niche in the hard money loan market. We have a way to tap into this niche & leverage off the asset value that we can create. We are looking for private parties with cash that are motivated by high yield. As a direct hard money lender, the focus is project driven & based on the exit strategy of the funds & not on the borrower, security or location or the borrowers credit. It's a deal driven analysis based on yield. We do our homework and we focus on finding a way to make it work. We create a joint venture with you, set up the business for you as your ''company'' & we manage it turnkey on your behalf as will be outlined in a management services agreement which creates ''passive income'' + allows you to claim ''active status'' for tax purposes. The joint venture is designed to pay a flat 18% cash on cash return short term, with principal rolled over at least 4 times in 370 days for an effective yield of 72%. Cash funds are discretionary to us and for our use as a direct lender based on terms & conditions that we commit to for the project. You will not be in title to the funds, no escrow for the funds & no personal guarantee. What makes the business work economically, is that through a project escrow we are able to leverage off both technology & the ''hard money'' to create a much higher value by lending short term and rolling over the initial dollars. It gets even sweeter. We are planning to create or tap into a default guarantee policy from an offshore insurance company where by payment of a premium we can assure performance. So if for whatever reason, a default does occur & is not cured, then the insurance company steps in, takes over our position and pays the yield. So in the worst case scenario, you get your money back. A confidentiality agreement is required. The photo shown is for illustration purposes only.
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