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!"

Banks Are Not Lending, Commercial Capital Ltd Is Financing Small Business

Banks are not lending to small businesses.  Today's headlines show an alarming trend, banks are not lending to small business as in the past.

Small Business Loans Drop by $15 Billion in Q1 - Bloomberg
Bank loans outstanding to small businesses declined by 2.4 percent, or $15 billion, in the first quarter of 2011, the Small Business Administration's Advocacy Office reports today.. . . . keep reading

There has been a decline in the amount of money banks are lending to small businesses.  We at Commercial Capital Ltd are here to fill that void with our portfolio lending services to small business owners throughout the country.  From manufacturers in Connecticut, to farmers in Iowa, to builders in California, Commercial Capital Ltd has been financing small businesses and will continue to fill the need for financing that exists today!    Visit our website for information about our small business financing programs and loans for commercial real estate purchases or refinance. http://commerciallendingpros.com/ or call 863-298-8900.

Commercial Lending Pros

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 and Business Financing

Get a Quick Response to Your Loan Scenario, Just Provide Some Very Basic Information

Become a Business Loan Pro

Commercial Tip of the Week: FAST CLOSING FINANCING IS HERE!

SPEED!

That is the name of the game this week.  Our last two closings had one thing in common-speed.  Sometimes you have clients who just need to close fast.  We can get the deals done quickly, just check out these two closings from the last 2 weeks:

Investor Refinance of a $1.2 million loan on a retail shopping center.  The client came to us after being denied by a local bank.  The note was due and, the lender was willing to extend it on an adjustable loan but, this borrower wanted a low fixed rate.  We closed her in 34 calendar days from app to closing BUT, she took 4 days to sign the commitment letter.  We could have closed this in 30 days!   We did this with our IN-HOUSE LENDING PROGRAM.   That was with a new appraisal, inspections, everything.  Her rate? 5.9 fixed for 5 years.  The borrower said at the closing, “Thank you SOOO much.  Orlando said I would be in good hands”.  If the borrower won’t hesitate, we can close conventional loans with great rates in 30 days consistently on our in-house program.

Discounted Note Deal closed in 8 days!  Sometimes people don’t have 30 days.  This guy was going to lose the property if he did not close by Wednesday.  The lender was calling the note and, offered a deep discount if he would pay it off by a certain date - otherwise, they would execute the foreclosure.  He signed our agreement on Monday, March 28.  We ordered a quick review appraisal on the spot and had the file closed the following Wednesday - in just 8 business days through our private money fund.  This fund will look at any type of property as long as the deal makes sense.  It must be RE based, and we won’t go above 65% LTV but, we can close lightning quick.  This borrower got $500,000 off on his note by closing on time and, saved his property to boot!  The broker who sent the deal said, “Ernie called & is thrilled at how well everything went with the closing. He couldn’t thank m enough for getting this done in such a short time period. He now believes that I have the ability to get loans closed & will be sending referrals over my way.”  Closings beget more closings!

If you have a loan that needs to close quickly or, you know of someone who needs to close quickly, give me a call.  Our in-house lending and our private money fund are closing loans and fast.  We may close as many as 10 loans this month between the two funds… if you hurry, maybe we can add your loan to that?  Call me today to see at

Have a great week, 

Tony DeCresie

Commercial Capital, Ltd.

Your #1 Source for Business & Commercial Loans

Office: 863-298-8900 Direct: 813-833-3132

www.CommercialLendingPros.com

 CLICK HERE Get a Quick response to your commercial Loan Scenario

    

   

Bill to Aid Small Businesses Advances in Senate

WASHINGTON — The Senate advanced legislation to aid small businesses on Tuesday after months of Republican resistance.
President Obama strongly supports the bill, which would provide loans and tax breaks to small businesses, and its swift enactment seems assured.

Two Republican senators, George V. Voinovich of Ohio and George LeMieux of Florida, joined Democrats in clearing a procedural hurdle for the bill by a vote of 61 to 37. That vote all but assured that the Senate will pass the bill later this week, and the House is expected to then put its final stamp of approval on the measure without delay. Read Full Story

For more information on small business financing please feel free to contact us: 

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

We Are Lending! Commercial Loans Available!

Commercial Loan Update:

Wall Street lenders are still on the sidelines and the scrutiny on them will keep them there for most of this year. Local banks are in a world of hurt with most local banks just trying to survive – 86 local banks are projected to fail this year in Georgia alone. These guys are on the sideline as well.

This leaves us! We are still lending. In fact, the big hedge fund money is coming back into the market. They are even looking at residential subdivisions again – incredible. Big projects that have stalled will begin to move again. How do I know? Of the 50 commercial loans in our pipeline fully half of them are the large projects, almost $3 Billion in total loan volume. Many of these large projects are approved or close to approved – and with little or NO due diligence! Not the rip-off scams that have become prevalent! We are real lenders…we are closing loans every week.

In fact, we are the number one commercial mortgage shop in the country.

For detailed information or a specific quote on a loan scenario, give us a call at: 863-298-8900 or 813-833-3132 To fill-out a quick loan scenario Pre-Qualification form visit: http://commerciallendingpros.com

Commercial Loans in Today's Lending Squeeze

Commercial Lending Squeeze

So how does this affect the average American?

The great majority of job creation in this country is being done by small businesses. If they can’t start or grow, then that takes a major driver of this economy off the table. For example, one of the largest lenders in franchise financing without real estate just stopped funding franchise startups. Hundreds of franchise businesses, from restaurants to hardware, which were slated to open in the next 90 days, are now stalled. This equates to tens of thousands of potential jobs lost. There is no other financing source for this niche available without collateral and few of the startups have the necessary collateral. Just like that, thousands of jobs gone and you won’t hear about this on CNBC. This is truly a unique time in the life of our economy.
But all is not lost. We KNOW that there ARE small businesses making money and there ARE good cash flowing properties that can be refinanced and/or purchased.

AND WE HAVE MONEY TO LEND!

As the largest commercial correspondent in the country, with over 500 local branches, we know the sources that are still funding. We know the transactions that can be funded and we know how to get them closed. NO ONE CLOSES MORE COMMERCIAL LOANS EACH MONTH THAN COMMERCIAL CAPITAL. NO ONE! Our size is your advantage allowing us to not only offer financing on properties and businesses that local banks might deny, but allowing us to provide the volume pricing incentives even local banks can’t match.

In short, if you need a commercial loan, there is just one number you need to call….Commercial Capital. Call us today:
863-298-8900 or 813-833-3132
Or visit: http://commerciallendingpros.com and fill out a Quick Loan Pre-Qual form to get a fast response to your loan scenario.

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