Commercial Mortgage Programs 2017-10-11T18:51:32+00:00

Commercial Mortgage Financing Programs

Commercial loans are loans issued by commercial lending institutions to fund secured and/or unsecured debt. A commercial mortgage is a mortgage loan made using commercial building or other business real estate as collateral to secure repayment.

We offer a variety of commercial financing programs with competitive rates and terms to meet your needs. Whether you are looking for a long-term fixed rate or short term bridge loan, our mortgage professionals have the experience and knowledge to guide you through the financing process and obtain the product that best suits your needs.

Our Financial Programs

A hard money loan is mainly based on the value of the property as collateral and typically you can get a loan up to 70 percent of the property value. If you are tight on schedule and looking for a quick loan process with minimum paperwork. Hard money loans are the way to go (almost same as you are purchasing with cash). They have relatively high interest rates and costly fees compared to conventional loans. Hard money loans do serve a purpose to those who need money fast.

Hard Money Loans range from $50,000 to millions of dollars. Terms vary but you can have very short terms up to three years with a variety of upfront costs and an interest rate that is typically higher than subprime rates.

Hard Money Lending Tips

Look for the best possible interest rates
Do you research on initial payment terms
If you have a commercial financing need, Our company has a program for you. Whether you desire to purchase, refinance, or construct a commercial building, we are your best source for financing.

If you are planning to purchase a apartment building, a condominium or any multifamily residential complex, we are here to assist. In most cased, we can get a multifamily loan approved for you for 85% of the total value of the property. We are an apartment mortgage company offering a wide variety of financing options for apartment loans nationwide. We offer aggressively priced apartment loans. Our company has partnered with Fannie Mae, Freddie Mac, HUD, FHA, REITs, Conduit, banks, and selective institutional investors. We are an apartment mortgage solution provider offering highly customized solutions to help meet the investment needs and requirements of our clients.

Whether you need a purchase loan for multifamily apartments or an apartment loan refinance we can help you by providing the lowest possible rates and a hassle free process. Our goal is to make the process of getting your multifamily loan quicker and easier than ever. We provide the most comprehensive apartment financing programs available. Whether you’re looking for a conduit, traditional, or stated income apartment loan, we will meet both your individual and professional investment objectives. We can help you in getting:

Low rates for apartment purchase loans or to refinance apartment loans
Up to 85% financing for apartments and multifamily properties of all types
Terms for fixed rates from 5 – 7 years
Apartment Loan amortization up to 25 years in some cases
Low and flexible prepayment penalties with the ability to buy down the term
Low overall loan costs and -0- due diligence fees!
Loan Amounts from $500,000 to $50,000,000
Our Lending Programs:

Small apartment loans – Multifamily mortgages ($1-$5 Million)
Mid-balance apartment loans – Multifamily mortgages ($5-$25 Million)
Large apartment loans – Multifamily mortgages (No Maximum)

Short term mortgage financing that is in place between the termination of one loan and the beginning of another loan. Also, a form of interim loan, generally made between a short term loan and a permanent (long term) loan, when the borrower needs to have more time before taking the long term financing. Commonly used for construction or rehab. Rates are higher than a conventional loan because financing is short term.

The program is designed to provide the flexibility of a structured loan while offering the ability to eventually lock into the most favorable permanent financing that exists for individual business needs. We specialize in loans of $100,000 to $100 million that are designed to solve problems for business with special needs and circumstances.

Conventional Lending (Bridge Loans) from 6.50% to 7.50% at 1 pt
Asset Based Lending (Bridge Loans) from 8.99% to 12% at 2 to 4 pts
One Week Closing (2 to 24 Hour Turnaround)
Up to 100% LTV (with Additional Collateral)
Equity Participation Structured Financing
Interest Only Payments
Loan Terms From 6 to 36 Months
We have a long list of quality lenders nationwide, each specializing in different areas suited for their expertise including securities, commercial real estate, accounts receivables, factoring, equipment used in your business and many others.

We offer loans for any type of real estate situation where a quick closing is needed. With just 24-hour turn-around times, you can get the money you need fast. With the right bridge loan provided you can have the cash you need by tomorrow. Apply online today to get the loan process started. If you have any questions about the bridge loans, please feel free to contact us today.

If you have a commercial financing need, our company has a program for you. Whether you desire to purchase, refinance, or construct a commercial building, we are your best source for financing. We have an unlimited nationwide financial network available so a loan package can be tailored to suit your specific needs.

Most loans are asset-based, relying on the property income potential and value, which enables us to provide financing for a wider variety of projects than most lenders. Competitive rates for all types of income property financing. A wide variety of property types and credit quality can be considered for the commercial mortgage financing program.

The SBA offers numerous loan programs to assist small business owners to start, manage and grow their businesses. Here are some of the most popular SBA loan programs:

SBA Express Program

Lower Interest Rates – Rates can be fixed or variable and are tied to the prime rate (as published in The Wall Street Journal), LIBOR, or the optional peg rate (published quarterly in the Federal Register), but they may not exceed SBA maximums
Flexible repayment options and longer terms than traditional loans
Borrow up to $350,000
Maximum SBA Guaranty is 50%.
Quick Turnaround – May receive a response to your application in less than 2 days.
Use the funds for working capital, equipment, inventory, or real estate purchases, or to expand facilities
SBA Patriot Express Pilot Loan

Loans for veterans and members of the military community wanting to establish or expand small businesses.
Can be used for a variety of proceeds including: Start up costs, Equipment purchases, Business-occupied real-estate purchases, Inventory, Managing your existing business…
Smaller credit requests, allowing expedited and streamlined application process
Line of credit or term loan up to $500,000
7(a) General Small Business Loans

Ideal for businesses that may not meet the conventional lending collateral or cash flow requirements
Often provide longer terms than conventional lending
Proceeds can be used to provide long-term working capital to use to pay operational expenses, accounts payable and/or to purchase inventory or to purchase equipment, machinery, furniture, fixtures, supplies or materials or to construct a new building or refinance existing business debt or even to establish a new business.
SBA guarantee limited to $1.5 million, $5 million maximum on the loan amount
Real Estate & Equipment Loans: CDC/504

This program is designed to provide financing for the purchase of fixed assets, which usually means real estate, buildings and machinery, at below market rates.
Applicant has a tangible net worth less than $15 million and an average net income less than $5.0 million after taxes for the preceding two years.
Provides growing businesses with long-term financing for purchasing land, constructing new buildings, expanding facilities, or purchasing long-term machinery and equipment
No working capital permitted
Maximum 504 debentures sizes: $5 million for regular loans; $5 million for public policy loans; $5.5 million for small manufacturer loans

Steady cash flow is the blood line for any commercial construction project whether you are building an office building, retail center, industrial building, or any other type of income-producing property. We have a range of loans for construction of commercial property to fit your unique requirements. Our seasoned commercial lending officers have years of expertise in construction financing. Our team of commercial construction experts includes accountants, engineers, and other principals who make sure you achieve your desired goals.

A construction loan is a loan that help the borrower to build, expand, rehabilitate, or reposition a property. In most cases loans to finance a real estate development project fall under two broad categories, although sometimes these two loans will also be combined into one:

Short term financing. This caters the financing needs for the construction and lease up phase of the project.

Long term permanent financing. Once a project becomes stabilize and leases up to the market level of occupancy, the construction loan is “taken out” by longer term permanent financing.

Following plays a vital role in decisions related to a commercial construction loan:

Value of the finished project must be more than the cost of construction.
Loan-to-Value Ratio
Loan-to-Cost Ratio
Debt Service Coverage Ratio
Net-Worth-to-Loan-Size Ratio
If you have any questions about the Contruction Financing contact our mortgage advisors now.

We offer commercial loan programs to suit nearly every borrower, traditional office building or and any modern office facility. We have very creative and custom loans for Office Buildings to fit your investment needs.

Whether you need to refinance a $10,000,000 loan or need financing for an acquisition of a $25,000,000 Commercial Office Building, we are experienced at providing and structuring your Loan.

We understand the special financing needs of Office buildings. That is why our professional staff is prepared to provide knowledgeable, and courteous help to fund your loan. Our commercial loan programs are quick financial solutions for commercial property owners and investors. These loans are generally for higher quality real estate and lower leverage. Minimum thresholds for these loans are now $1 million. Rates continue to be historically low.

Qualifying types of Office properties include:

Medical Facilities
Suburban and urban office buildings,
Professional and medical office buildings
Single tenant office properties with long term leases located in strong
Research parks & High-Tech parks
Non-specific details of the new order Conduit Programs include:

70% – 80% Loan to Value
1.25 Debt Service Coverage
Good Occupancy
Rates in the low +/- 5% range
If you are looking for a loan for your office buildings, contact our mortgage advisors now.

Buying equipments becomes urgent as businesses strive to move forward. we understand the difficulty people run into when need for additional equipment becomes urgent. Purchasing new and expensive equipment for your business can be a daunting task. No business can exist without proper equipment. If you prefer to own your equipment, our loan programs have flexible structures. Organizations can buy new equipments on lease terms after finding the required money for expanding their company. This financing solution helps entrepreneurs find the required equipment for their business or enterprise.

Cash flow is the blood line for any business. We are the experts at delivering equipment finance solutions exceeding the needs of our customers through our industry knowledge, tailored products and services, and financial strength.

Our specialties include:

All Types of Equipment Financing
Non-Rated Credits
Variety of End-of-Lease Options
Simple Financing Application
We provide equipment financing for:

Capital Markets
Construction
Diversified Industries
Franchise Finance
Healthcare
Homecare
Agriculture
Manufacturing
Specialty Markets
Any questions regarding Equipment Financing, contact our mortgage advisors now.

FHA (Federal Housing Administration) Commercial Loans are government sponsored loans that are offered by financial lenders and guaranteed by the FHA or Federal Housing Authority. FHA commercial loans are available for buyers with limited cash or credit problems. With an FHA loan, the financial risk to the loan is assumed by the FHA, not the borrower or the lender. Plus, the borrower only needs to put down a minimal amount of money and someone other than the borrower can pay the closing cost.

Some of the key features of FHA Loans are:

Easier to Qualify – Because FHA insures your mortgage, lenders are more willing to lend with lower qualifying requirements, this makes borrowing easier.
Save Money on Down Payment – Financing is available with only 3.5% down.
Less than Perfect Credit – FHA has a more open-minded approach towards past credit problems.
Less cash needed – FHA has a minimal 3.5% down payment, this money can come from a family member, employer or charitable organization.
Lower monthly payments – Since a FHA Mortgage is federally insured, the rate may be lower than a conventional mortgage.
When applying for an FHA loan, the borrower must provide the following:

Two-Year income and employment history with an explanation of gaps between jobs that span more than a 30-day period.
A self-employed borrower must provide full tax return information for the last two years.
A salaried borrower must provide the W-2’s from the past two years.
Current pay stub (or stubs) collected within the last 30 days showing a full 30 day work history and indicating the total earning year to date.
FHA Apartment Loans

FHA 221(d)(4) New Construction or Substantial Rehabilitation for Apartments
FHA 223(f) Refinance or Acquisition for Apartments
FHA 223(f) Refinance, acquisition or moderate renovation of existing Section 202 projects
FHA 223(a)(7) Refinance of an Existing FHA Insured Multifamily or Healthcare Mortgage
FHA LEAN 232 Pursuant to 223(f) Healthcare Acquisition and Refinancing
FHA LEAN 232 New Construction or Substantial Rehabilitation for Healthcare Properties
FHA 242 Construction, Rehab, Modernization or Expansion for Hospital and Acute Care Facilities
FHA 207 Manufactured Housing Community Properties
FHA 241(a) Insurance for Supplemental Loans
Any questions? contact our mortgage advisors now.

Working capital loans are ideal for those business operators who are unable to generate the revenue needed to meet expenses incurred by day-to-day business operations. But even if you are expanding or improving your current business, investing in advertising, purchasing inventory or want to pay taxes or outstanding debt, the working capital loan can help you a lot.

With our Working Capital Loans, we’ve helped thousands of businesses. Our Working Capital Loan is an unsecured debt, requiring no collateral for amounts under $725,000 – unlike traditional bank loans.

Some of the key benefits offered by our working capital loans:

Easy approval process, simple and straight forward paperwork
No restrictions on how you use the cash
Business owners with bad credit and poor FICO scores can apply too
Renewable working capital options
Immediate cash injection
No hidden fees or long-term commitment
Have questions? Contact our Working Capital Loan advisors to discuss your unique requirements.

The USDA Business and Industry (B&I) Guaranteed Loan Program helps rural businesses to expand and improve by providing financial backing. This program provides guarantees by US Department of Agriculture of up to 90 percent of a loan made by the bank. Loan proceeds may be used to create jobs, improve environment and economic conditions, purchase machinery and equipment, buildings and real estate, and certain types of debt refinancing.

Eligibility
Generally these loans are available to anyone who is United States (U.S.) citizen or reside in the U.S. after being legally admitted for permanent residence and meets minimum credit guidelines and local area income requirements.

Borrower must also contribute towards betterment of the rural community by providing employment, improving economic and environmental climate, or Reduce reliance on nonrenewable energy resources by encouraging the development and construction of solar energy systems and other renewable energy systems.

Loan Amount
The total amount of Agency loans to an individual borrower must not go above $10 million. But under special circumstances loan limit can go up to $25 million, or even up to $40 million, for rural cooperative organizations that process value-added agricultural commodities.

Usage
Funds can be used in any area contained in the USDA regulations. For example funds can be used for business and industrial acquisitions to prevent the loss of employment opportunities, or provide expanded job opportunities. Borrowers can use the funds to purchase land, buildings, equipment, leasehold improvements, machinery, supplies, or business inventory.

Commercial Mortgage Refinancing may refer to the replacement of an existing debt obligation with another debt obligation under different terms. Refinancing is done to allow a borrower to obtain a different, and even better interest term and rate. The terms and conditions of loan refinancing may vary widely by state, based on several economic factors such as, inherent risk, projected risk, regulations, and borrower’s credit worthiness.

Some good reasons to refinance:

A Lower Monthly Payment.
Avoid Balloon Payments.
Leave adjustable-rate mortgages and refinance into fixed-rate loans.
It is possible to procure refinancing that would capture significantly lower interest rates. Even a reduction of 0.5 percent can greatly affect the monthly payment and amount of interest paid over the long-term. Lowering the company’s repayment obligation can yield many positive benefits. Today, refinancing can be achieved with the originator of the loan or with other, outside lenders.

Most businesses in the US must seriously consider their cash positions and their ability to grow. If an enterprise has demand and has growth potential, the equity in their property can be a useful resource to spur said growth.

The following property-types can be refinanced using commercial property mortgages:

Retail centers
Churches
Mixed-use
Farms
Factories
Office buildings
Investment properties
Retail premises
Hotels, guest houses
Takeaways and cafes
Holiday Properties
Bars & restaurants
Medical
Special purpose and most commercial real estate assets.
Commercial mortgage refinance is one of the main services offered by us. We offer a wide range of financial loan products to assist you refinance your existing commercial real estate loans.

Conventional loans are the most common type of loans that are not insured or guaranteed by the government. These loans adhere to Fannie Mae guidelines. Fannie Mae, or Federal National Mortgage Association, is a corporation created by the federal government that buys and sells conventional mortgages. It sets the maximum loan amount and requirements for borrowers.

Conventional loans offer better interest rates than non-conventional loans. The decision on qualification belongs solely to the lender and there may be fewer restrictions on the applicant’s personal financial situation than a government-backed loan. These loans typically involve a 25% equity injection. These loan programs are typically useful for long term construction financing for new builds of all kind of commercial property types.

We are offering low, long term fixed rates and flexible underwriting. Conventional loans are available nationwide for both investors or owner-users.

If you are looking for a conventional loan, contact our mortgage advisors now.

Financial inflow is a essential part of running a business. It can become frustrating when your company’s cash flow is unable to cover your operating expenses. This problem is common for many business owners who operate successful companies but run into cash flow problems from time to time.

Account Receivable Factoring provides any business with the necessary capital and cash flow to operate and run day to day operations. A factoring loan assists your business to grow by injecting working capital without creating debt or adding an equity partner.

A Factoring Company, Bank or Lender will purchase accounts receivable (invoices). Factoring is not a business loan, it means selling your invoices at a discount for instantaneous cash. The factor then takes on the risk of collecting the money owed by clients and provides your company with advance funds. The advance rate can range from 80% to as much as 95% depending on the industry, customer’s credit histories and other criteria.

We have various options – recourse and non-recourse to secure account receivables financing that may be available for you. We make the process of matching business factoring providers with companies in need of fast working capital seamless. Our fast and streamlined application process, with no long term contract can deliver the fund to take your business to the next level.

Apply now and benefit your business from financing via factoring!