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

    

   

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

WE SPECIALIZE IN SMALL BUSINESS FINANCING: 100% Commercial Loans

We have a great 100% Commercial Loan program for small businesses to expand.

100% Financing for Business Acquisition & Expansion

• 100% financing includes build-out and closing costs rolled in
• Loan amounts up to $2 million
• Expand your current facility – get room to GROW
• Great for business professionals – doctors, dentists, lawyers, accountants, Etc.
• Use NONE of your own money with just 2 years of business experience required
• Get additional working capital for marketing, more employees, a new division, etc.
• Must be at least 51% owner occupied

We also work with small businesses to get the money they need Fast. We work with a variety of credit situations, can provide high loan to value financing, and are capable of getting very creative when needed. Here are some of our programs:

Accounts Receivables Financing for Small Businesses
Businesses that need liquidity quickly who cannot wait 30, 60, or 90 days for payment of their accounts receivable.

• Ideal Business Loans
• Start-up companies
• Fast-growing companies
• Seasonal businesses
• Companies that have experienced losses

A typical deal can be closed and funded within 10 business days of the initial submission of pertinent information.

Un-Secured Business Lines of Credit
From $25,000 - $250,000 (up to $500,000 in specific case-by-case basis)

• No Documents
• No Application Fee
• No Up-Front Fees
• No Income Verification

Fast turnaround, (approval in 48-96 hours, after we have received all the items requested from the applicant).

No Doc - Retail Financing - for any business that accepts credit cards

• Fast Cash Without The Hassle!
• Ideal for restaurants, hotels, retailers, or any business that accepts credit cards.
• It is a QUICK and EASY alternative to tough SBA lending or bank loans!
• No Income or Asset Documentation or Qualification
• No Credit Score Requirements
• No application or appraisal fees
• No Personal Guarantees
• Purchase or Cash-Out

Approval and Funding Within 7-10 Days – Or Less!

So, if you have any loan scenarios that you would like us to look at or if you have any questions or want more information, please give us a call: 863-298-8900 or 813-833-3132

Don’t ever loose another deal because of financing without running it by us first.


Thanks.

Tony DeCresie
Your #1 Source for Commercial & Business Financing
Office: 863-298-8900 eFax: 863-877-4456 Cell: 813-833-3132
www.CommercialLendingPros.com