COMMERCIAL MORTGAGES AND CONSTRUCTION LOANS
NEW BRIDGE LOAN PROGRAM 500,000 TO 5,000,000 NATIONWIDE MOST PROPERTY TYPES ARE ACCEPTABLE
Commercial Real Estate Mortgages for apartments, shopping centers, office buildings, light industrial, self storage, mobile home parks, mixed use properties and business owner occupied properties including restaurants and bars and special purpose properties of all types
Commercial Loans to purchase real estate and businesses up to 15,000,000 Nationwide
Business financing for growing and expanding businesses so that can purchase properties that they are renting and to purchase equipment and inventory. Up to 15,000,000 Nationwide
Construction Loans up to 15,000,000 for apartments, shopping centers, hotels, motels, office buildings, and mixed use properties and business owner occupied properties. Nationwide
Business Loans secured by real estate, equipment, receivables and inventory.
Small Balance Commercial Mortgages 200,000 to 5,000,000 for apartments, mobile home parks, self storage facilities, office buildings, light industrial and business owner occupied properties.
Please email loan request summary along with any supporting documents or inquiry to email@example.com and the telephone number is 541-797-5580
Please visit our website at www.commercialmortgagecap.com
Information about construction and business loans is at www.commercialmortgagecaploans.com
My name is John Galloway.
I have a bachelors of science degree in Business Administration with a background in the construction, trucking and oilfield industries.
I’m seeking a hard money loan for the purchase of 3 separate investments under a single loan.
The loan amount is $11,350,000.
The reason for the umbrella loan is to provide exceptional collateral for the purchase of proven cash flow.
The collateral is a ranch in Evergreen Colorado. The ranch is 456 acres, already approved for subdividing into 25, 5 acre lots.
Bare land in the Evergreen area sells for an average price of $139,000/ acre. Using this as a basis the subdivided 5 acre lots are worth $695,000 each (5 x $139,000 = $695,000). 25 lots at this price gives the property a value of $17,405,000. The $11,405,000 loan is 65% of the ranch value.
The proven cash flow is from a successful trucking company based in Texas.
The company provides oilfield support services including water hauling for fracing operations. The company has been in operation since 2012 with several Master Service Agreements in place.
The purchase price is $4,500,000 and includes assets of $3,500,000 in equipment and $150,000 in real estate. The company has a EBITA of $1,319,000.
The third investment is a single family residence that is also in Evergreen Colorado. The intent is to do an update and remodel so it can be marketed as an Air BnB purchase. Air BnB’s in Evergreen are very popular and most are scheduled out until January. This property will have revenue at around $90,000 per year.
To summarize the loan amount, collateral and use of funds.
Trucking company equipment $3,500,000
Trucking company real estate $150,000
Air BnB. $500,000
Total collateral $21,525,000
Loan amount. $11,350,000. 53% of collateral value
Use of funds:
Ranch purchase. $5,500,000
Trucking company. $4,500,000
Air BnB. $800,000
Operating capital $550,000
The lender would have first position on all assets
Assume an 8% loan, principal and interest. 30 year amortization with a balloon at lenders discretion.
$83,382 per month = $1,000,584 per year
Income from trucking company $1,319,000
Income from Air BnB. $90,000
After loan servicing there will be a positive balance of $408,416 per year after loan service.
The benefits of this loan is that I have an education in business and experience in all The fields required to make this venture profitable. The loan will be serviced by cash flow from an existing successful business. And finally the loan has sufficient collateral that any potential loan is fully collateralized.
If you have additional questions please email me at firstname.lastname@example.org
Thank you, I look forward to working with you.