Construction Bridge Loan – CLOSED!

Where? Stone Mountain, GA

Type:  Owner paid $600K for a property to convert into an Event Center.  Due to cost overruns and hidden expenses they were funds and couldn’t get their CO.  Owner had a two year prelease for $8,000 per month.  We provided a construction bridge loan for the completion and stabilization of the building.  This deal closed in less than 30 days!

Cash Out Refinance – Closed!

Where?  Atlanta, GA

Type:  This was a conventional loan with a 25 year amortization and 10 year fixed term.  The cash out refinance was for expansion of an upper floor to expand office space to accommodate the companies growth.  Other portions of the cash-out were used to pay the  death benefit to a deceased partners spouse.  After turn downs from several large national banks the borrower turned to us for help.  We closed this cash out refinance ...

Where? Memphis, TN

Type: Bridge loan;

On the purchase of an apartment complex that did not have the necessary occupancy to get a normal loan and the client wanted to close quick. From the time the client signed our term sheet to the closing was a whopping 18 days!

Where? Louisville, KY

Type: SBA 7a program

These were all leased properties. The size of the deal and the fact that no real estate was involved made it tough for most lenders but we got it closed! When you are thinking about acquiring a business, starting a business or expanding your existing business give us a call.