Rented collateral, or money for rent, is one of the services our company provides. Briefly, we can set up a loan account in your name or your company name, lend you $25,000 or more, it can be $500,000 or more if you wish, and have your loan proceeds deposited into a restricted bank account in your name. The loan reports to all three credit bureaus if you do it personally. If your comapny needs to provide a bank reference with $1.0 million deposited in an account, we can do it. The cost is 1% per month, three month miniumum, can be open for up to twelve months if you like and two points up front. Let me know if you are interested.
I've never heard that term... What is the cotext? Where did you hear about it?
[addsig]
Rented collateral, or money for rent, is one of the services our company provides. Briefly, we can set up a loan account in your name or your company name, lend you $25,000 or more, it can be $500,000 or more if you wish, and have your loan proceeds deposited into a restricted bank account in your name. The loan reports to all three credit bureaus if you do it personally. If your comapny needs to provide a bank reference with $1.0 million deposited in an account, we can do it. The cost is 1% per month, three month miniumum, can be open for up to twelve months if you like and two points up front. Let me know if you are interested.
Wow! That's a new one for me. Never heard of it. Interesting!