26 Feb '13, 10pm

New Service Offers Short Term Cash Loans Secured by Your Domains & Financing for New Purchases: #domains

New Service Offers Short Term Cash Loans Secured by Your Domains & Financing for New Purchases: #domains

intellectual property, got the cold shoulder from traditional lenders when they needed access to capital. He founded inteLend to fill that gap. I asked Matt for more details on the two services inteLend offers - 1) cash loans and 2) financing of domain purchases. For loans, Collins said, "We advance cash on domains that have intrinsic value as well as websites that generate cash flow - the higher the value of the collateral, the more we can advance on any given deal. Once we agree on the financial terms with the client, the client forwards the domains to us in our registrar account and we wire transfer the money to the client." "Since the name servers are unaffected , the client continues to operate his business as normal," Collins said. "inteLend.com can never “call” the deal or force a client into a default, meaning the client can close out the deal whenever ready. More ...

Full article: http://www.dnjournal.com/archive/lowdown/2013/dailyposts/...

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