SLG III LENDING 4012 MARHA DR TALLAHASSEE, FL 32305 Owner: Sandy L Griffin III Email: sandylgriffin@yahoo cont#: 850-524-0495 I have attached the company script that is used to inform potential clients of our lending capabilities and minimum requirements criteria. The potential borrower will be required to show proof of income, with a minimum of $12,000.00 monthly via Merchant processing statements and/or Bank Deposits into your (borrower’s) business account. SLG III LENDING offers 4 Lending programs to apply for: MERCHANT BUSINESS LOAN BUSINESS LINES OF CREDIT HARD MONEY LOAN LAW SUIT SETTLEMENT-CASH ADVANCE All details are included in the attachment provided. MERCHANT BUSINESS LOAN. The potential borrower will be required to show proof of income, with a minimum of $12,000.00 monthly via Merchant processing statements and/or Bank Deposits into your (borrower’s) business account. Based on the average (4) monthly income statements, the borrower will be eligible for 120%-200% of the average. To be re-payed with an additional 25% service charge within 12-24 months. I will need these 4 items: Short application 4 months of Bank/Processing statements Picture Id Voided check (from all business Banking Institutions used) Copy of Business (Building) lease *Please scan these items and forward them to my email address: sandylgriffin@yahoo BUSINESS LINES OF CREDIT: RESIDENTIAL INVESTORS: • LINE OF CREDIT 500,000 • PURCHASE ANY HOMES WITHIN THIS CAP • 80/20 SPLIT • MUST HAVE AVAILABLE BALANCE MINIMUM $75,000.00 IN BANK • RENOVATION CREDIT 80/20 SPLIT OR PUT YOUR 20% TOWARDS CLOSING • 9 MONTHS TO SELL AT MINIMUM 12% INTEREST, THREE ADDITIONAL MONTHS ADD 1% OR HOLD AND RENT! • MINIMUM FEE 2% • UPFRONT PROCESSESSING FEE $500.00(DUE AT CLOSINGS) • UPFRONT APPRAISAL FEE $ 400.00 • CONSTR4UCTION MANAGEMENT ENGINEER FEE: 295.00/ INSPECTION (RENOVATION INSPECTION) • MUST HAVE REAL ESTATE EXPERIENCE IF YOU DO NOT WE WILL VOUCH FOR YOU 500.00 FEE. PART OF APROVAL PROCESSESS.(OPTIONAL) OR USE YOUR RESOURCE...MUST HAVE EXPERIENCE! • ONCE ALL DOCUMENTS RECEIVED, THREE DAY APPROVAL OR DECLINE RESPONSE. • PLEASE ALLOW ANY APPLICATION SUBMITTED ON FRIDAY RESPONSE UP UNTIL WEDNESDAY. • ALL APPROVED APPLICATION ARE SUBJECT TO AUTOMATIC COMMERCIAL LINE OF CREDIT MINIMUM $1M1LLION DOLLARS (MULTI-UNIT COMMERCIAL BUILDING, STRIP MALL, MULTI-UNIT RESIDENTIAL OR SPLIT COMM & RESIDENTIAL (OPTIONAL) • RENOVATION FUNDING ALLOWANCE. *Please scan these items and forward them to my email address: sandylgriffin@yahoo ______________________________________________________ HARD MONEY LOAN: (Borrower’s collateral is required) Maximum borrowing limits will be based on the borrower’s collateral value (Property Deeds & Titles), Business income statements for the last 2 years, and tax statements will be needed. Borrowers limits will be assessed after all due diligence has been made. An appointment for a conference call will be set up for the initial inquiry on the Hard Money Loan. There is a 5 million dollar cap for first time borrowers. Please complete general Short application, to begin. LAW SUIT SETTLEMENT-(CASH ADVANCE): In the case of a Law Suit Settlement, we are able to give a cash advance toward the Settlement that is pending. The Settlement case must be in the final stages and the judgment must be pre-determined by the attorneys involved. A lien will be place on said settlement funds, between our lenders and the borrower’s Attorney, to cover all funds in the amount of the Cash Advance, including all of it’s services fees and charges. An appointment for a conference call will be set up to determine each case. Please fill out the short application to begin the process. *Please scan these items and forward them to my email address: sandylgriffin@yahoo If you have any questions please call me @ 850-524-0495 Thanks, Sandy L. Griffin III
Posted on: Tue, 05 Aug 2014 17:45:06 +0000
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