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!"

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!"

SBA 504: Refinance Now Possible

Effective immediately, the SBA 504 program can be used in certain situations to refinance existing debt. The key eligibility requirements are summarized below:

1. The 504 project must include an expansion component. This means that we can’t look at refinancing an existing loan unless the project also includes the acquisition, construction or improvement of land, building or equipment by the small business.
2. The existing debt is collateralized by fixed assets and must also collateralize the SBA 504 loan.
3. The amount of debt to be refinanced may not exceed 50% of the project cost of the expansion. The amount of the loan(s) to be refinanced would be added to the total project and then we would structure the deal with the normal 50/40/10 split between bank/SBGC/borrower. The equity requirement would be higher for new businesses or special-use properties.
4. The refinancing will provide a substantial benefit to the borrower when prepayment penalties, financing fees and other financing costs are accounted for. The SBA will require a 10% reduction in the monthly installment in order to qualify.
5. The 504 financing must provide better terms or interest rate than the existing debt.
6. The borrower must be current on all payments due on the existing debt for not less than one year preceding the date of refinancing.
   

This is a permanent change to the 504 program and was included as part of the American Recovery and Reinvestment Act of 2009 to promote economic recovery.

For more information about the 504 program and other business financing programs give us a call at 863-298-8900. For detailed information or a specific quote on a loan scenario, give us a call at: 863-298-8900 or 813-833-3132 Or to fill-out a quick loan scenario Pre-Qualification form visit: http://commerciallendingpros.com