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!"

SBA Loans Have A Huge Impact On Small Business

To Increase Small Business Loans, Revive What Has Already Worked
With the economy still struggling, there could not be a worse time to abandon a highly successful federal program that has created at least 650,000 private sector jobs throughout the country. In 2009, and again in 2010, the federal government acted to increase lending to small businesses. The most effective elements of this legislation, according to Small Business Administration (SBA) data and a study by the nonpartisan Congressional Research Service, were an increase in federal guarantees for SBA loans to 90 percent (from 75-85 percent), the elimination of loan fees, and an increase in the ceiling for each loan from $2 million to $5 million. . . .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.

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 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!"

Inspiration, Motivation or Just a Good Laugh

First, I prepare.

Then I have faith.

Joe Namath

--------------------------------------------

Failure is a success

if we learn from it.

Malcolm S. Forbes

1919-1990

--------------------------------------------

Don't find a fault,

find a remedy.

Henry Ford

1863-1947

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Life is 10% what you make

it and 90% how you take it.

Irving Berlin

--------------------------------------------

Don't learn the tricks of the trade.

Learn the trade.

--------------------------------------------

Blessed is he who makes

his companions laugh.

--------------------------------------------

A nickel ain't worth a

dime anymore.

Yogi Berra

Take care and have a great day!

Marcos Lopez

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: http://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!!!!

Capital Constraint Still Continues…..

Capital Constraint Still Continues…..

Had an interesting meeting last week with a consortium of credit unions in Seattle.  They were engaging us to help create a strategic plan for creating a Credit Union Service Organization (CUSO).  Credit unions have a lot of capital to deploy right now and you would think they are aggressively lending – but what we found out was that they are actually quite nervous about government audits, about defaults, about the marketplace in general.  They need to lend, but they are cautious about it.  Fear, is a bigger concern than profit.

Local banks have the exact same fears and it constrains them as well.  In fact, in my discussion with hundreds of local banks over the last few months, it appears as many as 60-70% of them are NOT REALLY LENDING!  Combine this with the fact that the big 5 banks deny 80-90% of the applications they take in and you see the true state of money availability to the local business owner or real estate investor.  You won't read that in the media – that is not what the powers-that-be want you to hear.  But that is what is going on behind the scenes and like any problem, it provides an opportunity for someone.  At Commercial Capital, we have resources around the country that ARE aggressively lending.  If a deal is a good deal, we have resources to fund it.  That includes life companies, hedge funds, conduit lending, private money AND local banks and credit unions that ARE lending.  We can bring the resources of the country to the local investor or business owner and keep the money flowing to the businesses and entities that are out there making it happen. Those are the heroes that are really growing the economy.  When we get a loan for that business owner, that opens up jobs and opportunities.  That is what these people need.

On Friday, we closed a $6.4 Million loan through our in-house lending facility for one of the largest re-modeling contractor companies in the country.  That loan will pay off a bank loan and will free up credit lines to help him handle the huge orders he just received that are going to add millions to his bottom line.  That leads to more jobs and more growth.  A broker brought the deal to us.  We split the one point fee and we locked the client in at 5.11% fixed for 5 years – WOW!  And we did almost all the work on the file! This guy is a multi-millionaire with a strong company and is a strong borrower with millions in the bank and he could not get funded locally and ended up with a broker.  Lucky for him, that broker found 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. 

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

Marcos Lopez

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: http://www.commerciallendingpros.com/

Your #1 Source For Commercial & Business Financing

Mission: "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!"

While Banks Put Small Business 'Under Stress', Commercial Lending Pros Offers Financing for Small Businesses

Banks put small business 'under stress'

An article by finance reporter for Elysse Morgan reports on a survey that shows small and medium-sized businesses believe banks, big and small, are making it tougher to do business. The report by accounting firm WHK has found two-thirds of the firms surveyed say accessing money to grow their business is becoming increasingly difficult.

Here at Commercial Lending Pros we continue to provide financing services for business owners, investors and other entrepreneurs throughout the country.  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. investors.

Commercial Lending Pros

Florida Real Estate and Commercial Loans, Inc.

Tel: 863-298-8900

Fax: 863-877-4456

Email: loans@commerciallendingpros.com

Website: http://www.commerciallendingpros.com/

Your #1 Source For Commercial & Business Financing

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

Accounts Receivables Financing

Accounts Receivables financing is ideal for businesses that need liquidity quickly and who cannot wait 30, 60, or 90 days for payment of their accounts receivables.


Accounts Receivables Lines
• Lines size: $100,000 to $12,000,000
• Advance Rates: Up to 90%
• Rates/Fess: Prime Rate +
• Industries: Manufacturing, Service, Distribution, Staffing, Transportation, Technology, Health Care
• Collateral: Account Receivables

Click Here for an Accounts receivables application form

Please feel free to contact us if you would like us to look at your financing scenario. If you have any questions or want more information please call:
863-298-8900 or 813-833-3132

http://commerciallendingpros.com/Accounts-Receivables.htm

Q & A With the Experts: Apartment Building Financing

QUESTION:
What do I need for financing for the purchase of an apartment complex in Florida.  ?

ANSWER:
It was a pleasure speaking with you earlier today and we look forward to assisting you with the financing on your apartment purchase located Florida.
Below is a list of the items we need from you to determine if we can help:

1. An overview of the price and terms of your proposed purchase (or a copy of the contract if one is available)
2. 2009 year ending Profit & Loss statement for the property
3. 2010 interim P&L statement (as recent as possible)
4. A current rent roll (as recent as possible)
5. A few digital photos of the subject property
6. A copy of your Personal Financial Statement (with a schedule of real estate owned)

Within 24-48 hours of receiving this information from you, we should be able to issue a loan pre-approval letter if everything looks good.

I've attached blank Rent Roll and PFS forms if needed.

Thank you.

Commercial Capital, Ltd.
Your #1 Source for Business & Commercial Loans

Office: 863-298-8900 Fax: 863-877-4456 Cell: 813-833-3132

http://commerciallendingpros.com/

Obama Calls on Congress to Pass Small-Business Legislation

As reported By CNN, President Obama used an appearance at a small business in Washington to again call on Congress to pass small-business legislation that he says will help strengthen the American economy.

The Small Business Jobs and Credit Act is stalled in the Senate.

"It is so important to pass this jobs bill for America's small businesses. That's where most of our jobs are created. And small businesses have been especially hard-hit by the economy," said Obama, speaking at Gelberg Signs. 

 The bill would authorize the creation of a $30 billion lending fund. The Treasury Department would run the program, which would deliver ultra-cheap capital to community banks, defined as those with less than $10 billion in total assets.

Other key components of the bill would provide $12 billion worth of tax relief for small businesses between 2010 and 2020, according to a preliminary estimate from the Joint Committee on Taxation. The bill also would increase Small Business Administration loan limits and extend loan sweeteners through the end of the year.  Full Story

We are SBA loan experts and our underwriters are professionally trained to keep your interest a priority. They are experienced in working with borrowers of all sizes. Thus, they can fund loans anywhere in the country! We can get you the Commercial Loan you need!

Call US Today! 863-298-8900

Commercial Capital Ltd.

Tel: 863-298-8900

Fax: 863-877-4456

Email: loans@commerciallendingpros.com

Website: http://www.commerciallendingpros.com/

Your #1 Source For Commercial & Business Financing

Q & A: 100% Financing for Medical Professionals

Q: 100% Doctor Financing, how does it work? Do you have an intake form or prequel form you would like to see?

CommercialLendingPros.com: This is a special SBA loan program. Here's a flyer and our standard SBA loan application form with the checklist of documents needed to pre-qualify a loan request.

Please note that this program usually requires a doctor to come to closing with up to 10% of the total project cost (unless he/she can document they've already invested that much or have that much equity in the land) and then he/she is reimbursed after closing for most of that amount with "working capital".  So it ends up being at or about 100% financing but they may need at least 10% IN LIQUID ASSETS TO COME TO CLOSING WITH - DEPENDING ON THE SPECIFICS OF THEIR SITUATION.

Q: What do you mean reimbursed with working capital?  Is the 10% available as a line?  I can see some doctors using personal funds to qualify but interested in returning the funds to where it was taken from after closing.

CommercialLendingPros.com: With this SBA loan program we can finance real estate acquisition, build-out, inventory, equipment and working capital. So, for example, if a doctor was opening up a new office and the TOTAL COST for all of the above mentioned items was $700,000, with a breakdown of :

$550,000 for real estate purchase

$40,000 for build-out

$15,000 for furniture and fixtures

$40,000 for equipment

$30,000 in inventory

$25,000 in working capital for 1st year salary for a receptionist / office assistant

The doctor would come to closing with $70,000 (10% of total cost of project) but get back $55,000 after closing to cover the cost of inventory and "working capital" to pay for the office assistant. The doctor ends up getting more than 100% of the real estate purchase financed and somewhere between 90% and 100% of TOTAL COSTS financed.

I hope that helps you better understand how the program works. Don't hesitate to call or email if you have any additional questions.

Tony DeCresie

Commercial Capital, Ltd.

Your #1 Source for Business & Commercial Loans

Office: 863-298-8900 Fax: 863-877-4456 Cell: 813-833-3132

Email: mailto:loans@loans@CommercialLendingPros.com

Website: http://www.commerciallendingpros.com/

Your #1 Source For Commercial & Business Financing

Financial News Update! Multi-Family Financing

This Financial News Update is brought to you by Commerciallendingpros.com

Your #1 Source for Commercial & Business Financing

The following market areas that have been designated as "preferred" areas for Small Balance ($500,000 - $2,000,000) Multi-Family commercial loans:

• Illinois - Chicago Metro area
• Indiana - Northwest Indiana; Lake and Porter County
• Wisconsin - Milwaukee, Madison and additional locations bordering Illinois
• Minnesota - Minneapolis and St. Paul
• Ohio - Cincinnati and Columbus
• Colorado - Denver
• Oklahoma - Oklahoma City and Tulsa
• Kansas - Kansas City
• Kentucky - Louisville
• Tennessee - Nashville

Commercial Capital Limited has experts in Commercial Financing. Commercial Loans, Business Loans and other types of commercial financing. We are experts in:

• SBA 7a and SBA 504 loan programs
• Multi-Family / Apartment Building Financing
• Securities Financing
• USDA Loans
• Bridge Loans
• 90%-100% Financing for Medical Professionals
• Church Financing

Whether you need to purchase or refinance our underwriters are professionally trained and are experienced in working with borrowers of all sizes. Thus, we can fund loans anywhere in the country! So please call one of our underwriters today at Commercial Capital Ltd.: 863-298-8900 or 813-833-3132! Let us help you obain the financing you need.


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