
Unlock Growth Opportunities with Equipment Leasing – Secure Funding Today! Location: Lodi CA TYPE: This was a good Hilton Flag hotel to s solid hotelier. He had other hotels, even one in this specific marketplace. He had good credit, good cash flow and just shy of $5 Million in Land and cash to put into the deal. Despite all that strength, despite his GC having a lot of experience in hotel construction loans, they were unable to find financing. BUT I gave them quick terms on an SBA 504 loan. There are only a couple of banks in the country still doing ground up construction loans for hotels, and I know them both. The saying in Commercial lending is it is not what you know but who…and I know who is doing what loan and I bring that knowledge to each and every deal…often for free because the bank usually pays me. IF you can have the guy closing the most loans in the country helping you on every deal for essentially no cost-why wouldn’t you embrace that? That’s what we bring to the table. Despite my speed, this borrower continued to shop and try to get other people to do the loan all the way up until 2 weeks before closing-but was not able to find anyone. BANKS HAVE TIGHTENED, it is true. But we have access to non-bank lenders, Wall Street Conduits, private money lenders and alternative lenders and we GET STUFF CLOSED. With good rates, in timely fashion. We are still doing construction loans, and private money deals with our own private money. If you or someone you know is struggling with bank financing, give us a call. One call, does it all. Give us a call today to discuss your commercial finance needs or get started by filling out this form! Karen Schimpf (512) 358-1511 karen@applycommercialloans.com www.ApplyCommercialLoans.com   P.S. Our private money fund has a LOT of money to lend out. We can go from $100,000 to $20,000,000 but we are most aggressive under $2 Million where there is much less competition. We can go to tertiary markets, we can go to commercial properties that are special use, like hotels, memory care, assisted living etc. to apartments. We have money to lend guys…send us your deals. I will underwrite it quickly and give you an approval or tell you why we can’t within 48 hours. We give every deal a serious look…the keys to us are the asset, the story and the exit strategy. So send us the deals you need to close quick or the ones that are just a little too hairy for the banks and we will try to help YOU get it done! Call Me today to run your deal by me at 512-358-1511 or go here to get started https://applycommercialloans.com/apply-now/ |