Gregory Wade's Blog – June 2022 Archive (5)

Equipment Financing

SALE-LEASEBACKS & TERM LOANS 

 

Business clients with free and clear equipment need working capital. What are your options?

 

Unlock their equity with our equipment-secured term loans and sale-leasebacks. All types of equipment considered.

  • "No-Doc" Equipment-Secured Term Loan- no minimum FICO and no financials needed, fully amortized term loan with 4-year terms. 80% LTV based on auction value. Loan amounts from…
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Added by Gregory Wade on June 26, 2022 at 3:16pm — No Comments

SBLC

We can do purchase or leased option

What can a SBLC be used for?  SBLC is frequently used in international and domestic transactions where the parties to a contract do not know each other. A standby letter of credit serves as a safety net by assuring the seller that the bank will make payment for the goods or services delivered if the buyer fails to make the payment on time.

Purchase to own, it would be 2 to 3% of the ask. 

Leased would be no cost up front but the rate…

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Added by Gregory Wade on June 26, 2022 at 3:03pm — No Comments

Construction Loans

Our nationwide construction program has increased in size and scope with loan sizes up to $50,000,000

  • Fix and Flip/Hold
  • Ground-Up Construction 
  • Construction to Perm. Strategies
  • Mid-Construction Refinance
  • Investor Loans 
  • Residential Properties
  • Minimum loan size $500,000
  • Maximum 90% LTC

Added by Gregory Wade on June 26, 2022 at 3:02pm — 2 Comments

Bridge Loans Available

  • Did your current lender cancel your loan?
  • Banks taking too long to fund?
  • Need to close quickly?

We have short-term loans available for quick close transactions.  Don't lose a deal due to the funding taking too long.  

  • Up to 80% maximum LTV
  • 7-21 day close times
  • 1st TD's available

Added by Gregory Wade on June 26, 2022 at 3:01pm — No Comments

Our Rental Loan Features

  • Full 30 year terms, no balloons
  • Streamlined qualification process emphasizing property level cash flow 
  • No tax returns required; No personal DTI calculations
  • Up to 80% LTVs
  • Simple haggle-free pricing you can depend on
  • Protect your identity and other assets by borrowing in a corporate entity

Added by Gregory Wade on June 26, 2022 at 3:00pm — No Comments

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