Hospitality Industry Financing -Purpose: Financing for hotel acquisitions, renovations, and ground-up developments. – Benefits: – Loan amounts: $5 million – $30 million per borrower – Funds held in escrow at closing to ensure borrower funding availability – Draws monitored and controlled as part of the overall funding process –Eligibility Criteria & Loan Structure: -Joint & […]
Author: NickU
Multifamily Investment Property Loans
Multifamily Property Loans Purpose: Financing for properties with 5+ units. -Benefits: – Loan amounts: $500,000 – $10 million – LTV up to 75% – Both short-term and long-term financing options -Eligibility Criteria: -Credit Score: 660+ -Property Size: 5+ units -Occupancy: 90%+ for stabilized properties -Net Worth & Liquidity: May be required
CRE Rental Properties
Long-Term Rental Loans Purpose: Financing for investors holding properties for rental income. – Benefits: – Loan amounts: $75,000 – $5 million – Up to 80% LTV(Loan-to-Value) – Fixed or adjustable rates available –Eligibility Criteria: -Credit Score: 680+ -Debt-Service Coverage Ratio (DSCR): 1.0+ – Property Type: 1-4 unit rental properties -Experience**: Not required but preferred
Fix & Flip
Fix & Flip Loans Purpose: Short-term financing for acquiring and renovating investment properties. – Benefits – Loan amounts: $50,000 – $5 million – Up to 90% of purchase price & 100% of rehab costs – Interest-only payments during renovation period –Eligibility Criteria: -Credit Score**: 620+ (higher for better terms) -Experience**: 1+ completed flip preferred -Down […]
CRE Bridge Loans
Bridge Loans for Commercial Real Estate Purpose: Short-term financing to bridge the gap between immediate funding needs and long-term financing solutions. -A bridge loan is a short-term loan that helps bridge the gap between a business’s current need for financing while they wait for a more long-term solution to be secured. -Ideal for businesses who […]
Subordinated Debt
Subordinated Debt Purpose: The lender holds a secondary lien position, subordinate to senior debt holders (aka 2nd position). This structure enables businesses to secure additional capital without disrupting existing senior debt arrangements. Benefits: –Second-Lien Position: Subordinated lenders hold a claim on assets that is Jr. to Sr. debt holders. –Flexible Use of Funds: Ideal for expansion projects, acquisitions, or […]
Business Bridge Loans
Bridge Loans for Business Purpose: Short-term financing to bridge the gap between immediate funding needs and long-term financing solutions. -A bridge loan is a short-term loan that helps bridge the gap between a business’s current need for financing while they wait for a more long-term solution to be secured. -Ideal for businesses who need to […]
Asset Based Loans
Asset-Based Loans – Loans secured by company assets, such as equipment or inventory. Benefits: -Access to larger funding amounts based on asset value. -Flexible terms ranging from 6 to 36 months.
Invoice & PO Financing
Invoice Factoring – Purchase Order Financing -Turns pending invoices into immediate working capital. -Benefits: -Improves cash flow by providing advances on outstanding invoices. -Helps businesses manage operations without waiting for customer payments. -Not viewed as debt by credit agencies -Eligibility Criteria – 1-year TIB – Business to Business Invoices. – Royalty based financing available.
Merchant Cash Advance
Merchant Cash Advances -Provides businesses with a lump sum of capital in exchange for a percentage of future sales. -Benefits: -Quick access to funds, often within 24 hours. -Repayment is flexible and aligns with business revenue. –Eligibility Criteria –550 FICO score -$20k in monthly deposits -6 months TIB