Commercial – Private Portfolio Loans
It’s an everyday reality that banks and traditional lenders can’t keep up with the speed of doing business. Being able to access the capital you need in just a few days can be imperative to preserving valuable business relationships or capitalizing on tremendous profit opportunities. Since 1988, our Private Portfolio Lender has loaned hundreds of millions of its own funds to corporations, partnerships, LLC’s, trusts and individuals who understand the time-value of money. In every case, our lender is faster than a bank and cheaper than a partner.
PROGRAM DETAILS
ALL TYPES OF BORROWERS
- Individuals, Corporations, LLC’s, Trusts, Foreign Nationals
- Combine multiple borrowers in a single transaction
- Non-FICO driven. Collateral quality drives our decisions
ALL TYPES OF REAL ESTATE CONSIDERED
- Office condos, Industrial, Multi-Family, Self-Storage, Retail, etc.
- Cross-collateralize to maximize loan amounts
FOR ANY BUSINESS PURPOSE
- Perfect for transitional “Gap” Financing!
- Use for immediate acquisition of discounted properties
- Restructure debt, settle disputes at a discount, buy out partners
- Borrow against properties listed for sale
PORTFOLIO LENDER
- Lender doesn’t rely on credit lines or investor approvals
- Creative approaches to “Hard Money” equity lending
- No seasoning requirements or cash-out limitations
- The Borrower goes back to you for the refinance
SIMPLE APPLICATION PROCESS
Loan Amounts: Up to $3,000,000
Loan to Value: 60% is typical, exceptions up to 70%
Interest Rates: 8.99% – 10.99%
Prepay Penalty: None
FICO Score Min: 600
Loan Term: Up to 3 years
Lien Position: First only
Fees: 3 to 6 points (Total Points)
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