GREAT Time to Tap a Note Discount!

Year End is a GREAT Time to Tap a Note Discount!

Banks need to get loans off their books-both non-performing AND, performing and there is NO better time to approach these deals than at the end of a quarter and especially a year.  Discounted note deals that are started now can STILL close by year end even with the holidays.  Bridge loans can close that quickly and many times, a new appraisal is NOT even needed.

We have one client that had an outstanding loan of $1.7 million.  The property values had fallen and, the place only appraised for a million.  The property cash flowed to support a $600,000 loan and, the bank accepted the pay off.  He lopped off $1.1 MILLION in debt!  BECAUSE THE NOTE HAD BEEN CALLED MONTHS AGO AND, THE LENDER DID NOT WANT TO TAKE PAYMENTS.  HE HAD NOT MADE A PAYMENT IN 6 MONTHS!  We did a private money loan through our fund and, closed it in a few weeks.  Six (6) months from now we will refinance him into a longer term vehicle at conventional rates and, the client is fired up!
 

It can work on purchases too.  We have one client that is being offered a group of 6 shopping centers that the bank has foreclosed on.  The outstanding loan is $13 million, the properties recently appraised for $11 million, they cash flow net about $850K and, this borrower can buy them for $7 million if he will close in 30 days.  That is $3 million of free equity-HUGE.  We have the resources to close that loan in a couple of weeks with no appraisal!

Properties don’t have to be distressed to need note discount deals although if you have time and, the note is current, there are conventional options available.  We have seen deals where the bank just wanted the loan off their books to improve their reserve requirements even though the loan was performing. We had to document that the loan was performing but, we have done straight refi’s where the borrower was able to lop hundreds of thousands off of what they owed simply by refinancing it off the banks books.  Right now, banks are looking hard at moving some debt off their books.

If you know someone who has a chance to refinance the note at a discount, or if you yourself are in this situation, give us a call. It is VERY likely that I can get you the money you need. 863-299-2929 or 813-833-3132

Commercial Lending Pros
Commercial Capital Limited
Florida Real Estate & Commercial Loans, Inc.

Contact Us

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

Tel: 863-299-2929
Fax: 863-877-4456
Email: loans@commerciallendingpros.com
Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

We can get deals closed.  Our Company Mission Statement is this, "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!"

Lack of Lending Creates Loads of Uncertainty - CNBC

Lack of Lending Creates Loads of Uncertainty - CNBC
Since the market dropped in 2008, small businesses have struggled with a host of challenges, as consumers have cut back, operating costs have risen and banks have reined in lending. The challenges facing a small business owner today can be overwhelming. And those business owners don't expect things to get easier any time soon. . . . keep reading about Small Business Lending

Business owners still need access to capital and Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!  This is our mission and have been working to fund many different types of loan scenarios.  Here are several exsamples of recent closings so you can get a feel for what is happening in the market, what is closing.  The bad news is that the credit markets remain tight; the good news is that there IS money to lend out there-you just need to know where to get it.  This is a sampling of recent loan closings:

$2.4 Million purchase of Red Roof Inn

          Where: Greensboro, NC

Type:  This was an exterior corridor hotel which is increasingly tough to get financed but we CAN get these deals done.   We closed this loan with $200K in renovation money rolled into the loan!

$385,000 Refinance on an Oil Change Business!

          Where:  Garland, TX

Type:  This is another of the many loans that we closed where one of the big banks approved the loan, then dragged on processing the file and finally denied it after 3 months, leaving the borrower out to dry.  We came in and got the loan closed overcoming serious medical and divorce issues with the client.  Be careful shopping around for rates in commercial lending, the most important thing is getting the loan closed.  No one does that better than us!

$2,870,000 Refinance of Student Housing Apartments

          Where: West Olive, MI

Type:  YES, we lend in Michigan!  This was a student housing apartment complex that needed to refinance because of a note coming due.  We got them a FNMA loan with an incredible 10 year fixed rate and a 30 year amortization.  We don’t just do the tough loans; we can get the strong deals done at the lowest rates as well!  When you have all the funding sources of the entire country available to you-whether it is agency, life companies, credit unions or more, you can often get the very best rates and terms for your clients!

$600,000 Note Discount Deal on Self Storage Facility

          Where:  North Aurora, IL

Type: Declining property values and a slower lease up time then expected put this borrower in a financial bind.  He owed $1.6 Million and the property only appraised for $1 million.  Unable to make the payments, the bank offered him a deep discount but no one was willing to finance a guy who had not made a payment in almost a year.  But we stepped in with our own private financing and got him $600,000!  The bank accepted it and the transaction closed in less than 30 days.  In total, this borrower saved $1.1 million in principal and more importantly, this loan saved the property.  If you are in a bind, give us a call-we just may be able to help!

$263,000 Firehouse Subs Start-up SBA 7A loan

          Where: Columbia, MD

Type: Getting start-up money for a restaurant with no real estate involved is never an easy chore, even for a strong franchise like Firehouse Subs.  In any given state, less than 5% of the banks will even consider this type of loan. But we have the sources to do it in every state.  These loans typically roll in all the costs from franchise fees, to build-out, to equipment and even working capital.  We have done these loans both with SBA financing and conventional financing.  We close one or more of these pretty much every month.  If you are looking at buying a franchise or starting a business, we are the experts you need to talk to about getting the financing lined up!

$460,000 Hardware Store Purchase

          Where: Atlanta, GA

Type:  This was a straight purchase of a non-franchise hardware store that was already running.  This was another loan that got turned down by one of the big banks after they had initially approved it.  It is amazing to me how often that happens.  But we took the loan, found conventional/SBA financing at great rates and got the deal done!  Whether in GA or around the country, we are the source for all your commercial needs!

If you or anyone you know needs to close a commercial loan, whether it is a start-up for a franchise or a refinance of an office building…give us a call at 863-299-2929 or 813-833-3132.

Contact Us

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

Commercial Lending Pros
Commercial Capital Limited
Florida Real Estate & Commercial Loans, Inc.

Tel: 863-299-2929
Email: loans@commerciallendingpros.com
Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

We can get deals closed.  Our Company Mission Statement is this, "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!"

Financing Discounted Notes

FEW banks will refinance a discounted note. WE CAN DO IT WITH NO ADDITIONAL EQUITY INJECTION!

We can finance up to 100% of the discounted value!  Rates are low!

$600,000 Note Discount Deal on Self Storage Facility

Location:  North Aurora, IL

Type: Declining property values and a slower lease up time than expected put this borrower in a financial bind.  He owed $1.6 Million and, the property only appraised for $1 million.  Unable to make the payments, the bank offered him a deep discount but, no one was willing to finance a guy who had not made a payment in almost a year.  We stepped in with our own private financing and, got him $600,000!  The bank accepted it and, the transaction closed in less than 30 days.  In total, this borrower saved $1.1 million in principal and more importantly, this loan saved the property.  If you are in a bind, give us a call-we just may be able to help!

Contact Us

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

Commercial Lending Pros
Commercial Capital Limited
Florida Real Estate & Commercial Loans, Inc.

Tel: 863-299-2929
Fax: 863-877-4456
Email: loans@commerciallendingpros.com
Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

We can get deals closed.  Our Company Mission Statement: "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!"

Small Business Lending Fund: a dud -- CNNMoney

NEW YORK (CNNMoney) -- A Treasury Department program aimed at helping small businesses get their hands on cash ended this week -- with a thud. The Small Business Lending Fund, set up last year with $30 billion to help banks jumpstart lending, disbursed a mere $4 billion, Treasury said. And it left many rejected bankers frustrated. The news comes as small business owners complain that they cannot grow or hire because they lack access to credit. The sector has been in the spotlight as the country grapples with a sky high unemployment rate. . . . keep reading about Small Business Lending

Small Business Lending is vital to the country's economy and is the engine to generate employment opportunities. Here at Commercial Lending Pros we continue to provide financing services for business owners, investors and other entrepreneurs throughout the country who need to expand to create employment. We are direct lenders and also have access to over 150 different funding sources including banks that are lending, hedge funds, private equity groups, insurance companies, private investors and other funding sources including Wall St. funds.

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

Contact Us

Commercial Lending Pros
Commercial Capital Limited
Florida Real Estate & Commercial Loans, Inc.

Tel: 863-299-2929
Fax: 863-877-4456
Email: loans@commerciallendingpros.com
Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

Contact Us

We can get deals closed. Our Company Mission Statement is this, "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!" WE ARE SERIOUS ABOUT IT.
WHAT WE DO IS IMPORTANT. WHAT WE DO IS NEEDED. THE OPPORTUNITY IS AWESOME.

Small Balance Commercial Loans Available! $25,000-$400,000

Small Balance Commercial Loans*

We specialize in meeting the needs of our clients that fall outside of traditional bank lending parameters.

When local banks turn you down, Commercial Capital Ltd says “Yes!”

We have Fixed Rate and Adjustable Rate Programs:

• Loan Amounts: $25,000-$400,000
• Maximum LTV: 70%
• Fico Credit Score: Must be above 600
• Terms:
• Fixed for 15or 25 years – Fully amortizing
• Quarterly Adjustable – 15 or 25 year amortization

Property Types Considered: 

• Apartment Buildings
• Office Buildings
• Retail
• Mixed-Use
• Hotel/Motel
• Recreational
• Day Cares
• Churches
• Hair Salons
• Auto Repair/Auto Body
• Funeral Homes
• Mobile Home Parks
• Garage/Storage

Call Us Today! 863-299-2929 or 813-833-3132

Commercial Lending Pros
Commercial Capital Limited
Florida Real Estate & Commercial Loans, Inc.

Email: loans@commerciallendingpros.com
Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

Contact Us

We can get deals closed. Our Company Mission Statement is this, "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!" WE ARE SERIOUS ABOUT IT.
WHAT WE DO IS IMPORTANT. WHAT WE DO IS NEEDED. THE OPPORTUNITY IS AWESOME.

*This program is available Nationwide, except: Alabama, Alaska, Hawaii, Michigan, Nevada, Ohio, Vermont & West Virginia

House Small Business Subcommittee on Investigations Chairman Congressman Mike Coffman Promotes SBA Backed Loans

House Small Business Subcommittee on Investigations Chairman Congressman Mike Coffman Promotes SBA Backed LoansThe House Small Business Subcommittee on Investigations, Oversight and Regulations Chairman Mike Coffman (R-CO) today held a field hearing in Greenwood Village, Colorado to examine the state of small business lending, focusing on Small Business Administration (SBA) loan programs and the regulatory impediments to small business lending. Coffman said, "It is important for small business owners and community banks to hear from the Small Business Administration about government-backed lending programs that can help them, and it is equally important for legislators and government agencies, like SBA, to hear directly from small banks about how regulators have responded to the financial crisis of 2008 and how regulations have affected small business lending. Because of the importance of small banks as lenders to small companies, a proper balance should exist between an effective regulatory structure that protects depositors and a financial institution's ability to lend. Public forums like today's field hearing are very important in achieving that balance." . . . keep reading about Small Business Lending

If you are a small business looking for financing Commercial Lending Pros can help you find the financing you need.  We work with over 150 different lending sources who are lending and will evaluate your loan scenario in a prompt professional manner. We will underwrite and process Small Business Administration Loans:

• SBA 7(a)  (We are Preferred Lenders)
• SBA 504  (We are Direct Lenders)

The provisions of the Equal Credit Opportunity Act shall apply to all applicants for loans submitted under these government guaranteed loan programs. There shall be no discrimination on the basis of race, color, religion, age, sex, marital status, handicap or national origin.  It is our goal to facilitate a quick funding on all SBA loan requests. Additionally, we offer the following advantages:

• Competitive rates and terms
• Purchase or refinance of commercial real-estate, with cash out permitted 
• SBA-guaranteed fee can be financed in most cases
• Loans size starting from $100,000 to $10,000,000

Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325

Contact Us

Commercial Lending Pros
Commercial Capital Limited
Florida Real Estate & Commercial Loans, Inc.

Tel: 863-298-8900
Fax: 863-877-4456
Email: marcos@commerciallendingpros.com
Website: www.CommercialLendingPros.com

Your #1 Source For Commercial & Business Financing

We can get deals closed. Our Company Mission Statement is this, "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!" WE ARE SERIOUS ABOUT IT.
WHAT WE DO IS IMPORTANT. WHAT WE DO IS NEEDED. THE OPPORTUNITY IS AWESOME.

JOIN OUR TEAM! BECOME A BUSINESS LOAN PRO TODAY! OUR TIME IS NOW!!!!