SERVICES
Asset Based Lines of Credit
In today’s lending environment, when it comes to lines of credit, there are a couple of ways a company can secure a line of credit. One of these could be a line of credit secured by a company’s assets, such as accounts receivables and inventory. With more and more banks pulling traditional lines of credit away from companies, this is a very sufficient way to secure a line of credit again. As long as the assets are there to secure the line, our lenders that do these often can reestablish a revolving line of credit that was taken away from a company’s bank. This form of financing is growing rapidly as traditional banks are tightening their criteria and is always cheaper than factoring.
Big & Hard Money Loans
Are you a commercial property owner who can’t get traditional financing and need to act fast to either acquire a commercial property, finish construction, or cash out on their commercial property assets? A distinct advantage of this type of financing is the loan is not based on the your credit but rather your assets. We are able to provide $1,000,000 to $100,000,000 bridge loans for commercial property and raw land acquisition, development, workouts, bankruptcies, and foreclosures. These can be closed on in as few as 5 days and as few as 2 days for a commitment to fund.
Equipment Leasing
Businesses of all kinds lease equipment to conserve their available cash. When capital is conserved by leasing equipment, it can be used for other company needs (increasing inventories, expanding sales, etc.). A lease is not a loan. Borrowing reduces lines of credit. Leasing is thus a NEW credit source, which allows the customer increased borrowing capacity. It virtually eliminates obsolescence as the business always has the latest and greatest new equipment.
Commercial Real Estate Financing
The majority of business owners need to finance or refinance the real estate that their business is located in or simply need financing for an investment income generating property. Such properties could include: multifamily, retail, office, self-storage, mixed-use, hotel, motel, warehouse, mobile home parks and many more. We are able to offer many different structures/terms and unique characteristics that many traditional banks can’t and don’t offer. We are able to offer a diverse mix of commercial real estate loans to meet the individual borrowing needs and investment objectives of its borrowers, for both investment and owner-occupied commercial properties.
Commercial Real Estate Development Financing
In today’s market, traditional banks are not willing to take on the risk typically associated with development projects, so this type of financing is in high demand. We are able to fund project through a private funding based. This is specifically designed for domestic and international real estate development projects between $5M-$150M USD (first tranche). For developers there are a variety of financing structures they can choose from to fit their needs, including interest-only periods, negotiable amortization schedules, balloon terms, and debt/equity options.
Business Term Loans
Business term loans are one of the most common ways to finance a business for a variety of capital needs. Typically terms loans are structured in 3 to 5 year payback schedules and could be used for equipment purchases, fixes assets, or working capital needs. In recent years, it has become harder and harder for a small business to obtain term loans because of the increased scrutiny and regulation of FDIC bank. The small business sector is not as profitable for banks compared to middle market banking. In recent years there have been numerous private lending companies that have stepped up to fill the void in the term loan sector with improved underwriting and the speed at which they can approve and fund transactions.