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Overview

Our loan program offers many advantageous benefits, suited to your personal business needs: 

  • Super Fast Turn-Around
  • 2 Days for Commitment
  • As Fast as 10 Days for Closing
  • Up to 75% Loan-to-Value Ratio
  • Commercial Property Acquisitions and Refinancing
  • Development and Construction
  • Bank Workouts
  • Bankruptcies & Foreclosures
  • Loan terms From 1 to 5 years

PREPAYMENT:
For Single Family Residences up to 1-4 units will require a 1yr. term, standard pre-pay terms apply. Commercial loans are all dependent on value and requested term. They will be looked at on a case-by-case.

USE OF PROCEEDS:
Loans are usually made for business purposes.

LOAN TO VALUE:
Up to 75% of the market value of the collateral. Market value is defined as the period of time (4-6 months) needed to consummate a sale to a cash buyer. If loan proceeds are to be used for renovation or construction, the loan amount can be based on improved value. Proceeds will be disbursed in stages.

RATES:
Rates vary from 12-18% (interest only).

FACILITATION FEE:
In lieu of equity, a fee of 7 to 10% of the loan amount may be included in the loan.

LOAN SIZE:
From $100,000 up to no limit .