Looking for a Private Lender to Help with Cash Flow Issues

Seeking Advice
1

Hallo…,

I’m reaching out because I’m in need of a private lender or investor to help with some cash flow issues in my business. I was awarded a money judgment for around $14,000, and there’s a lien on the defendant’s property. The Sheriff has already inventoried their assets, but I’ve been told it could take 6-9 months before the sale process happens. :saluting_face:
I’m looking for a 9-month loan, with monthly payments of $1,850 starting September 1, 2024. I’ve tried multiple banks, but they aren’t willing to help, so I’m hoping to find a private lender instead. :anguished:
If anyone has connections or knows someone who could assist, please shoot me a message.

Your advise is welcome…

2

Hard money lenders, also referred to as private lenders, are people or businesses who offer short-term loans, :slightly_smiling_face:frequently at interest rates that are greater than those of commercial banks. Rather than the borrower’s credit history, they usually concentrate on the value of the property being used as collateral.

3

websites that facilitate lending to borrowers. :saluting_face: Online groups where experts in the field, including private lenders, frequently talk about transactions.

4

These associations can put you in touch with private lenders and other local companies. :saluting_face:They might be connected to local private lenders.

5

These associations can put you in touch with private lenders and other local companies. :flushed: They might be connected to local private lenders.

6

They frequently interact with private lenders. :pleading_face:Local private lenders may be known to business attorneys.