hard money commercial lending
DESCRIPTION
Learn about our non-traditional Commercial Lending program. From $50,000 to $50 Million in funding, we even have some stated income programs. All with the confidence of having an Real Estate Finance advocate at your side to protect your interests from predatory lending practices.TRANSCRIPT
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Commercial real estate loans from $25,000 up to $50 Million on most commercial property types.
Some loans allow Stated Income.
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Owner Occupied
Office/ Office Condo Automotive
Retail Assisted Living
Warehouse Day Care
Mixed Use Funeral Home
Hotel Convenience Store – no fuel
Restaurant Dry Cleaners
Light Industrial Construction Financing
Medical Office Church
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Other properties considered – contact Scott
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Investment
Office/ Office Condo Retail
Strip Center Warehouse/Distribution
Multi-Family Light Industrial
Mixed Use Retail Triple Net Credit Tenant
Specialty Programs
•Trust
•Joint Venture
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Other properties considered – contact Scott
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Specializing in alternative financing for non-bankable commercial transactions throughout the United States
Generally non-bank lenders
Providing financing to companies and individuals seeking commercial financing who cannot obtain adequate capital to grow or run their business
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Any company or individual that is unable to secure commercial financing through traditional sources
Particularly if funding needs are immediate
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Developmental stage companies
Companies with historical and/or current losses
Companies with negative net worth or tax liens
Companies in Chapter 11, healthy companies that need a more aggressive lender who will provide a larger credit facility, and companies where the principals have poor credit
Individuals who have poor credit or limited capital to make an acquisition of a commercial property or operating business
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Borrower Documents – Collected by Commercial Team Leader
• Documentation discussed with Team Leader at time of inquiry and/or project
Authorization Form to release information for credit report will be sent to Borrower/RFS Consultant with initial package
TURNAROUND TIME: Approximately 45 -60 days; current market dictates turnaround time
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Executive Summary of High Quality - average 5-7 pgs
Appraisals• Fee approximately $1,000• Turnaround Time: 2 – 3 weeks
Environmental Study – if necessary
Upfront fees - determined by nature of loan; credited at closing
Closing Costs - All Borrower Monies remitted by Wiring
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Issuance of Lender Conditional Approval
Upfront Fees Determined at This Time
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Upon Completion of ApplicationScott Fain, RFS Consultant is contacted within 24 hours Calls Borrower Updates Loan in Pipeline
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Scott Fain, RFS [email protected]: 703-879-6912
www.Scott-Fain.com
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“I am READY When You Are!”Scott Fain
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