In order to get you a quote, we need to understand the financial performance of your portfolio.
Please send over a profit and loss statement that meets the following criteria:
If you use an accounting software, use these short video walkthroughs:
If you don’t use accounting software, we highly recommend you set one up. But in the meantime, you can use our Google Sheets P&L template.
We will verify all financial data we see in the profit and loss. In order to receive the most accurate quote possible, please ensure you are providing actual data, and not a budget.
Interest rate caps play a critical role in protecting borrowers and lenders against rising interest rates.
However, as interest rates continue to soar and market uncertainties grow, the costs of interest rate caps have surged, creating significant challenges for investors in the commercial real estate (CRE) sector. In this white paper gain a deeper understanding of:
Flexible financing — Whether your client wants to buy a new property, tackle a renovation, buy all new furniture – or all of the above! – Nectar funding is the fast, flexible option for vacation rental investors.
Grow through your current clients — Nectar accelerates your clients’ growth. As they add properties and increase revenue, your management business grows too.
Marketing support — We provide you a unique link and target guidelines, so you know exactly which of your past clients is a fit for Nectar (and will result in repeat business for you!)
Revenue share — For every referral that comes through your unique link, we’ll pay you 50 basis points of the total advance amount. That’s $1,500 on our avg. $300,000 advance!
It’s up to you! Generally speaking, more properties will produce a larger quote. Less properties may be easier for you to put together a P&L. So it depends on your needs and accounting set up.
Please be as detailed and accurate with your expenses as possible. Actuals are always better. However, you can include budgeted data instead of actuals if you are unable to produce the actual data. We do require you make note of that, and we will take a more conservative approach to providing you a quote for budgets vs. actuals.
Please send over any budgets or pro formas for future projections. We cannot guarantee they will make any difference, but this may allow us to make favorable adjustments to your quote.
Please reach out to email@example.com. We have accounting partners who may be able to help you depending on your specific needs and circumstances.