Hi, I know that 740 FICO is the minimum requirement for Up to $120K credit card based on the lending network website.
Should I increase my credit first or is there a different program for me?

Thank you

Loan Officers who have case scenario questions about commercial loans through Lending Network, LLC, please post them on this thread and either Nelson Thompson or myself will answer them as soon as possible. Please be detailed in your questions regarding the property, such as the type of property, location, history, and other pertinent facts. Share the purpose of the loan, the current value or P and L, the repairs required, the loan amount, the scope of work, and projected P and L. Besides the purpose of the loan, explain in detail what the money will be used for, and the projected proforma P and L after the renovation or improvements. Explain the current value of the house, the renovation costs, the after improved value, and expected time to stabilize the property. The down payment the borrower has to put down, reserves, and experience of the guarantor or guarantors. If we decided this will be a loan that has merits, the next step will be to have the client complete and personal financial statement and summary sheet to us via email. If you have any questions, please post on this thread or start a new thread. We will start all inquires, case scenario, Q and As on this forum.

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• This discussion was modified 1 year, 7 months ago by  Sapna Sharma.
• This discussion was modified 2 months, 2 weeks ago by  Gustan Cho.

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COMMERCIAL LOANS, COMMERCIAL REAL ESTATE

Lending Network, LLC has 100% loan-to-value equipment financing with zero money down and same-day closing with no income docs, no tax returns, and no bank statement required on any type of equipment financing up to $150,000 dollars. The only requirement is a 700 credit score and the borrower need to have been in business for at least two years. Lending Network’s equipment financing program is different than equipment leasing where equipment leasing requires the first month and last month payment and you do not own the equipment after the payment is over. Contact us at gcho@gustancho.com to qualify and get approved.

Nelson Thompson, the President and CEO of LENDING NETWORK, LLC, https://www.lendingnetwork.org, has launched the Equipment Financing no-doc, no-income verification, one day closing EQUIPMENT FINANCING business loan program at LENDING NETWORK, LLC. Self-employed borrowers who have been in business for at least two years and have at least a 700 credit score are eligible 100% loan-to-value equipment financing loan. No documentation required. No income tax returns, no P and L statements, no CPA letter, no bank statements. Need to have been self-employed for two years and have a 700 credit score. Read more on https://lendingnetwork.org/equipment-financing/

• This discussion was modified 1 year, 7 months ago by  Sapna Sharma.
• This discussion was modified 2 months, 3 weeks ago by  Gustan Cho.

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Equipment Financing

Equipment financing at Lending Network, Inc. is available with one day application and same day closing. No income docs required. 700 FICO.

Gustan Cho Associates has merged with Lending Network, LLC for our newly launched commercial loans and business loans. Nelson Thompson is the president and CEO of Lending Network, LLC

We will be releasing more information on our commercial lending network at GCA Mortgage Group about https://www.lendingnetwork.org. Stay tuned.

• This discussion was modified 2 months, 3 weeks ago by  Gustan Cho.
• This discussion was modified 2 months, 3 weeks ago by  Gustan Cho.

Commercial lending is such a broad field. Most commercial lenders are specialists on certain types of commercial loans. For example, some loan officers only specialize in SBA loans. Other commercial loan officers only do hard money loans. Yet, other commercial loan officers only limit to factoring or accounts receivables. One of the main benefit http://www.lendingnetwork.org differs from the competition is that lending network is a one-stop-commercial lending shop.

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gcho@lendingnetwork.org dianne@lendingnetwork.org

does anyone know of a commercial lender for a 24 unit in Colorado I can refer a client to?

Nelson Thompson is the President of Mortgage Sensei and the CEO of Lending Network Inc. Both positions place him at the helm of influential financial organizations within the mortgage and lending industry. Here’s a bit more about each of these roles and the respective organizations:

Mortgage Sensei: Nelson Thompson

• Role: President
• Focus: Mortgage Sensei is likely to provide mortgage solutions, consulting, and educational resources for consumers and industry professionals.
• Services: The organization may offer various services, including mortgage brokerage, loan origination, and mortgage education.

Lending Network Inc.

• Role: CEO
• Focus: Lending Network Inc. operates as a comprehensive lending service provider. It may offer various loan products, including residential mortgages, commercial loans, and other financing solutions.
• Services: The company likely provides financial products and services aimed at helping individuals and businesses secure the funding they need. This can include everything from personal loans to large-scale commercial financing.

Contributions and Impact

• Leadership: As a leader in these organizations, Nelson Thompson plays a key role in strategic decision-making, business development, and overseeing daily operations.
• Industry Influence: His positions suggest a significant influence in shaping the direction of mortgage lending practices and policies within the industry.

Contact and Further Information

• For more detailed information about Nelson Thompson’s work and the services offered by Mortgage Sensei and Lending Network Inc., it would be beneficial to visit their respective websites or professional profiles on business networking sites like LinkedIn.

Unfortunately, detailed information about Nelson Thompson’s work and the services provided by Mortgage Sensei and Lending Network Inc. may not be readily available in the public domain. If you require more precise details or wish to contact these organizations directly, consider reaching out through their official websites or professional contact channels.

Visit us at Lending Network, Inc. @MortgageSensei

https://lendingnetwork.org/

Auto Financing for business owners and purposes at low rates and 125 LTV at Lending Network, LLC. Purchase or Refinance auto loans. Funding in 24 hours. If auto loan application is submitted before 11 am EST, funding the same day. Business owners needing quick cash and have equity in their vehicles can do a Cash-Out Refinance on their automobiles and get cash within 24 hours. Lending Network LLC offers the lowest rates on auto loans from our nationwide lending network of wholesale automobile direct lending partners. Contact us at contact@lendingnetwork.org. The team at Lending Network LLC is available seven days a week, evenings, weekends, and holidays. Visit us at Lending Network LLC at https://www.lendingnetwork.org

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Accounts Receivable

Anyone have more information about Lending Network, Inc. and what type of company Lending Network, Inc. is? Who is the CEO of Lending Network, Inc.?

Hard Money Loans at 70% LTV on investment properties non DODD FRANK. No residential property only investment properties and commercial properties. 75% LTV in Utah and Nevada
Check out our Commercial Loans threads