All Discussions Tagged 'ABL' - Real Estate Finance2024-03-28T22:29:28Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=ABL&feed=yes&xn_auth=noAvailable - CRE loans for acquisition, refi, bridge, business and corporatetag:realestatefinance.ning.com,2013-02-19:6517464:Topic:513152013-02-19T04:50:53.680ZMike Lewishttps://realestatefinance.ning.com/profile/MikeLewis
<p>Specialties:</p>
<p>USA:</p>
<p>Hotels, retail, NNN, STNL, Multifamily, Industrial and commercial properties. Hotel PIP loans, full doc, stated income, equity, hard money and bridge loans.</p>
<p>Full doc loans from 3%, 5-10 yr fixed, 15-30 yr amortization, 60-80% LTV, for CRE min amount $1m, most CRE property types.</p>
<p>Stated income loans from 7.5%, 3 and 5 yr fixed, 30 yr amort, 65+ LTV, $250k-$1.5m, MF, Off, Ret,whse, SS, auto service.</p>
<p>Bridge loans can close in under 30 days,…</p>
<p>Specialties:</p>
<p>USA:</p>
<p>Hotels, retail, NNN, STNL, Multifamily, Industrial and commercial properties. Hotel PIP loans, full doc, stated income, equity, hard money and bridge loans.</p>
<p>Full doc loans from 3%, 5-10 yr fixed, 15-30 yr amortization, 60-80% LTV, for CRE min amount $1m, most CRE property types.</p>
<p>Stated income loans from 7.5%, 3 and 5 yr fixed, 30 yr amort, 65+ LTV, $250k-$1.5m, MF, Off, Ret,whse, SS, auto service.</p>
<p>Bridge loans can close in under 30 days, 10-21 typical, int from 7%, short term with short lock in period, min $100k.</p>
<p>Quick equity loans for cash out or improvement: 7+%, 25 years, 65+LTV, $100k min. Shorter terms and various rates available.</p>
<p>Hard money: Most states: 7% - mid teens. Fast. Min $100k.</p>
<p>Hotel PIP loans: From 7.5%, varying terms. Very fast closings.</p>
<p>ABL business loans: $1m-$30m. Borrow against assets.</p>
<p>International:</p>
<p>PPP loans: Funding for municipal/government sponsored projects. Stadiums, muni buildings, etc. Fast LOI, 60-90 day process average, $10m - $750m. Borrowing entity must be BBB+ credit rated company or sovereign nation.</p>
<p>Debt Capital Markets: Great for large commercial projects as well as startups, mid market and final stage raises. These funding entities do require up front engagement fees, and typically trade equity and/or board position for lower interest rates. Fast engagement letters. 60-120 day process typical.</p> ABL Program now availabletag:realestatefinance.ning.com,2012-07-17:6517464:Topic:44852012-07-17T12:54:55.164ZRedStone Commercial Fundinghttps://realestatefinance.ning.com/profile/RedStoneCommercialFunding
<p></p>
<p>Through our new referral partnership with an FDIC Insured – Industrial Bank, we now have the capability of facilitating asset based and factoring loans across a wide range of industries. Through our referral bank, who manages over $950 million in assets and utilizes a strong parent company capitalization, we now have the ability to offer prospective clients flexible lending products designed to find solutions for businesses not being serviced by large and regional traditional banks…</p>
<p></p>
<p>Through our new referral partnership with an FDIC Insured – Industrial Bank, we now have the capability of facilitating asset based and factoring loans across a wide range of industries. Through our referral bank, who manages over $950 million in assets and utilizes a strong parent company capitalization, we now have the ability to offer prospective clients flexible lending products designed to find solutions for businesses not being serviced by large and regional traditional banks due to recent growth, operational losses, restructuring or current turnaround issues.</p>
<ul>
<li>Line Sizes: $250,000 to $10,000,000 for companies with revenues from $2MM - $50MM.</li>
</ul>
<p> </p>
<ul>
<li>Rates Beginning at: Prime (approx. 3.25%) + Spread (1.5%) + Administration Fees (0.5-2%)</li>
</ul>
<p> </p>
<ul>
<li> Advance Rates: Up to 90%</li>
</ul>
<p> </p>
<ul>
<li>Aggressive advance rates on both RM and FG Inventory collateral.</li>
</ul>
<p> </p>
<ul>
<li>Ability to finance existing M&E assets in conjunction with a normal working capital revolver structure. Amortization up to 7 years. </li>
</ul>
<p> </p>
<ul>
<li>Receivables potential eligibility of up to 120 days old.</li>
</ul>
<p> </p>
<ul>
<li>Underwriting Focus: ABL – operational turnaround with strong collateral. Factoring – emphasis on the credit worthiness of the account debtor and not the operations of the borrower.</li>
</ul>