Commercial Lending Pros Annouces 100% Medical Financing

Press Release: FOR IMMEDIATE RELEASE: April 7, 2011
Source: CommercialLendingPros.com

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Contact: Tony DeCresie, Director of Commercial and Business Financing

Office: 863-298-8900 Fax: 863-877-4456 Cell: 813-833-3132  Email: loans@commerciallendingpros.com

EXPANSION OF 100% FINANCING PROGRAM FOR MEDICAL PROFESSIONALS

ANNOUNCED COMMERCIALLENDINGPROS.com  

Winter Haven, FL— Tony DeCresie, Director of Commercial and Business Financing for CommercialLendingPros.com, a commercial and business financing website, announced today the expansion of the 100% Medical Financing program for doctors, dentists, veterinarians and other medical professionals.  "Just wanted to let all the medical professionals in on some exciting news; that we've unleashed a new, up to 100%, medical financing product at Commercial Lending Pros that does NOT require commercial real estate! Many medical practice loans get declined due to lack of information and industry knowledge. Our team is trained to extract information from the practice financials and the doctors themselves so we can present information rich loan submissions to our underwriting team." said Mr. DeCresie.  "We understand how critical it is for doctors to be kept up with the progress of their loan request and our agents are trained to keep them informed throughout the process" he continued. The program information is available at http://commerciallendingpros.com/ and provides valuable information on the different financing solutions available to medical professionals including Practice Financing, Acquisition Financing, Debt Consolidation, Expansion – Relocation, Practice Startup, Equipment Financing, Real Estate Financing and Working Capital. There is also a practice sales division for the latest practice listings.

The CommercialLendingPros.com website has a link to a "Quick Commercial Loan Pre-Qual" form that doctors can submit loan scenarios to our medical financing experts.  The revamped website also has links to order credit reports, subscribe to a free newsletter, access free reports, and a link to the new doctor referral program.  The doctor can use the "Referral Partners" link on the website navigation bar to refer colleagues.

CommercialLendingPros.com offers business financing solutions in addition to commercial financing for many types of properties and borrowers. Based in Winter Haven, FL and serving all fifty states for over 5 years, CommercialLendingPros.com is owned and operated by Florida Real Estate and Commercial Loans, Inc., a nationwide affiliate of Commercial Capital Limited, a division of Nexus Financial the leading commercial mortgage house in the country.  Other programs available on the websites in addition to the 100% Medical Professional Financing include:

• SBA 7(a) an d 504 loans
• Merchant Cash Advance loans
• Commercial Real Estate Loans
• Multi-Family / Apartment Building Financing
• Assisted Living Facility Financing
• Triple Net-Single Tenant Financing
• USDA Loans
• Bridge Loans /Hard Money Loans
• Hotel / Motel Financing
• Gas Station / Convenience Store Financing
• Equipment Financing
• Church Real Estate Financing
• Securities Loans and IRA/401K loans

Request for an agent to contact you about a practice loan or call our Practice Financing Division at 863-299-2929 or visit http://commerciallendingpros.com/.

Multi-family Financing – Acquisition / Refinance

Multi-family Financing – Acquisition / Refinance

Commercial Capital Limited is a proven leader in the commercial mortgage business. As a leader we are able to provide funding avenues for a wide variety of commercial loan and business financing scenarios as well as underwrite loans for small and large apartment complexes. We have the experience and expertise to structure loans to meet your multi-family, apartment financing needs.

• 85% Loan-to-Value – Acquisition or Refinance
• 80% Loan-to-Value for Cash-Out Refinance
• 35-Year Amortization
• 35-Year Term (no balloon)
• 7.5% Seller promissory note allowed for down payment requirements (Acquisition Only)
• Low, fixed interest rate, based on market spreads over the Ten-Year Treasury yield
• No maximum loan amount
• No personal liability (non-recourse)
• Negotiable pre-payment terms
• 1:18 Minimum Debt Service Coverage
• This loan is always assumable
• Third-party expenses and loan costs are financeable.

Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes. Contact us for detailed information or a specific quote on a project. 863-298-8900 or 813-833-3132 or visit http://commerciallendingpros.com/Multi-Family.htm

Click Here for an Loan Submission 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

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/

92.5% Multi-Family & Assisted Living Financing!

We have access to special government guaranteed financing programs for apartment building and assisted living facility acquisition, rehab and new construction that offer loans of up to 90% loan to cost for new construction and rehab projects and up to 92.5% total financing to appraised value for purchases with fixed rates and 35 year amortization available.

Up to 92.5%* Loan-to-ValueMultifamily – Assisted Living Acquisition

• $2 Million Loan Minimum
• 35 Year Amortization
• 35 Year Term (no balloon)
• 7.5% Seller promissory note allowed for down payment requirements
• No maximum loan amount
• Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield
• No personal liability (non-recourse)
• Negotiable pre-payment terms
• 1:15 Minimum Debt Service Coverage
• This loan is always assumable
• Third-party expenses and loan costs are financeable.

* 85% LTV with 15% equity where we may allow 1/2 of the 15% in the form of a seller note on apartments. Thus only 7.5% equity or 92.5% CLTV.

Please keep in mind that there are more deals needing money than money to lend so only the better deals get funded. To find out if we can help you, just call us at: 1-863-298-8900. It costs nothing to see if we can help you!

So call us TODAY at 863-298-8900 or visit our web site at http://commerciallendingpros.com/

Financial Crisis, Bailout, What Financing is Available?

Available Commercial Financing in Today’s Uncertain Market

With the financial crisis limiting the amount of financing available, even with the bailout measures being implemented, we wanted to give you an idea of what type of deals the main lenders are looking for.

Here’s the “sweet spots” right now.

Predominantly thru our SBA 7A programs we are still funding (actually were doing more volume than ever). Owner-occupied (51%+) properties. Loan amounts $250,000 - $2,000,000. Up to 90% financing for real estate purchase or expansion (including build-out). For medical professionals we can include equipment, inventory and working capital in that 90% as well.

Apartment buildings and assisted living facilities. Minimum $2 million loan amount. Up to 85% LTV. Up to 7.5% seller held 2nd allowed. Minimum 1.25 DSCR required.

Any other multi-tenant / income producing property we will consider (no rural properties) up to 75% LTV maximum.

Accounts receivable financing. (Prefer companies with government contracts or receivables from Fortune 1000 companies). Typically, we are looking for borrowers with net worth equal to or greater than loan amount requested (as a bare minimum).

Unsecured lines of credit are pretty much dead right now.

Although “stated” income loans are still available, max LTV’s are 70% for purchases and 55% - 65% for refinances (depending on property type and borrower strength).

So call us TODAY at 863-298-8900 or visit our web site at http://CommercialLendingPros.com

Regards,

Tony DeCresie

FEATURED PROGRAMS

DEVELOPMENT FINANCING

~ $ 10 Million to UNLIMITED!
~ International as well
~ Terms and structure will vary by deal
~ Tier 1 & Tier 2 Developers Only
~ All properties and projects considered, but the deal MUST be strong...more details

HARD MONEY

~ $2 Million to $25 Million or more!
~ 1 to 3 Year Terms
~ Good exit strategies are critical
~ QUICK CLOSINGS
~ LOW OR NO DUE DILIGENCE FEES!
~ No daisy chains accepted

So call us TODAY at 863-298-8900 or visit our web site at http://CommercialLendingPros.com

Commercial Loans - Financing Tips

We are Financing Experts and we are happy to be of any assistance possible in getting the commercial financing you seek. Whether it is 100% Commercial Loans for expansion and acquisition, Multi-family financing, Mixed-use property financing, Unsecured Lines of Credit or Fast Cash for Merchants, we hope that we can be of service to you. We do commercial and business loans for all types of properties, businesses and borrowers.

The process is simple. Just click here to fill-out a Quick Commercial Loan Pre-Qual form. That would get the process started to determine what financing program would work for your loan scenario.

After initial review of the loan scenario submitted we will send you the parameters of best available financing program. Provide any of the following information you may have so that we can crunch the numbers more accurately to determine if we can provide the financing you need...

1. Last 3 years of business tax returns on the subject business / property


2. Year to Date financials / P&L's (as recent as possible)


3. A personal financial statement on yourself (and any potential partners)


4. Your resume / summary of qualifications (and anyone else who may help you manage the business)


5. Your business plan


6. Digital photos of the property (inside and out)


7. Sales Contract


8. Copy of your recent credit report (if you have one) (Click on link at the bottom of the page to order your Fico Scores and credit report)


9. Schedule of Rents / Rent Roll
   
   If there's something you don't have now (like YTD financials) - send me what you have. We'll do our best to get back to you within 3 business days of receiving your initial submission of information.

Regards,

Tony DeCresie Your #1 Source for Commercial & Business Financing

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

http://www.commerciallendingpros.com/

Get All 3 FICO Scores and Credit Reports