ADDRESSING THE NEEDS OF COMMERCIAL PROPERTY OWNERS AND INVESTMENTS WITH FAST,FAIR,AND FLEXIBLE SOLUTIONS.
Every one is aware of the lending market becoming increasingly difficult to operate in. Credit lines are being pulled, banks have stopped lending, and usual avenues of funding have dried up. "So how can we serve our customers?
Problems become opportunities when the right people come together
Never an up-front fee until approval
We understand your concerns and embrace the opportunity to present a solution to you and your clients. We offer the ability to fund bridge money to acquire an asset without the delay of conventional funding. We also provide funding for Non-Owner Occupied Rehab Programs, Note Purchases from Banks, and a verity of Hospitality Financing up to $25,000,000
Use of Loan Proceeds: Practice stat-up or purchase /Expansion, partner buy-out /Real estate or leasehold Can include equipment,furniture and working capital.
Loan Amounts: $250,000 to2 ,000,000 10% of total project costs.
Experience: Proper license and 2 years direct experience in the industry.
Loan Terms: Term up to 25 years. Fully amortized (no balloon).
Interest Rates: Dependent upon strength of practice Rates from P+1.25%-2.5% vairable.
Collateral: No minimum for Start-ups up to $500,000 No minimum for Acquisitions to $1,000,000.
Personal Guaranty: SBA requires 20% or more from all owners
Life Insurance Key man life insurance may be required.
Edward Tuggle Independent Private Funding Placement Consultant Director of Financial Consulting Office 281-599-9954 E-mail address email@example.com