Looking for lenders who do business loans that are collateralized with Real Estate
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  1. #1

    Looking for lenders who do business loans that are collateralized with Real Estate

    Recommendations for lenders?

    Already signed with WBL - looking for other lenders who can do these types of deals as well.

  2. #2
    Senior Member Reputation points: 218103
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    LiftForward is the "business loan with collateral" king. - Contact brianm@liftforward.com

    If you're looking for cash-out re-fis or bridge loans (interest-only for 12-18 months type), there are plenty there, too. Give me a ring, I can help you get into this and give you some recommendations. It's easier than you think.

  3. #3
    Quote Originally Posted by abfunders View Post
    LiftForward is the "business loan with collateral" king. - Contact brianm@liftforward.com

    If you're looking for cash-out re-fis or bridge loans (interest-only for 12-18 months type), there are plenty there, too. Give me a ring, I can help you get into this and give you some recommendations. It's easier than you think.
    Thank you Micah!

  4. #4
    Real estate driven here. Up to 200 bps.
    Criton Capital, LLC
    12508 W. Atlantic Blvd
    Coral Springs, FL 33017
    Tel: 786-210-5557
    Fax: 786-228-0884
    loans@critoncapital.com
    www.critoncapital.com

  5. #5
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    ou
    Last edited by therealrichzone; 09-28-2018 at 09:33 PM.

  6. #6
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    Quote Originally Posted by therealrichzone View Post
    We offer extremely flexible cash out transactions tied to a combination of business equipment collateral and real estate

    Are you a lender or broker?

  7. #7
    Quote Originally Posted by EliteFundingGroup View Post
    Recommendations for lenders?

    Already signed with WBL - looking for other lenders who can do these types of deals as well.
    We would be happy to discuss. Are you a broker or lender? Feel free to reach out to us through our website. Biz loans backed by Real Estate is our forte!
    Allrise Financial Group
    www.allrise.us

  8. #8
    EliteFundingGroup - I can offer you 3 solutions for your business loans that are collateralized by Real Estate, assuming there is enough equity in the RE.

    1 - 30 year term loan with a 3 year fixed and a 5% rate cap - takes 2-3 weeks to close from the time we receive full docs and the appraisal. RE cannot be owner occupied;
    2 - Hard Money Loan, 12-24 month loan based on the equity in the RE - takes 1-2 weeks to close from the time we receive full docs and the appraisal. RE cannot be owner occupied;
    3 - Business Purpose Loan - 5 x's the cash on hand, backed by the equity in their RE - takes 2-3 weeks to close from the time we receive full docs and the appraisal.

    Please feel free to contact me if you have any questions.

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