A recent success story from our portfolio—a remarkable $3.8 million private money purchase loan with a competitive 9.5% interest rate.
Our journey began with a unique property—a cash-flowing golf coarse. While the property’s cash flow potential was evident, its distinctive structure presented a challenge, causing multiple lenders to shy away. Undeterred, a determined borrower approached us, seeking a solution that would overcome the obstacles standing in the way of his investment dreams.
At Commercial Capital Ltd., we pride ourselves on being problem solvers, and this case was no exception. Armed with expertise and a commitment to finding tailored solutions, we navigated the intricacies of the deal and secured the best-priced private money fund available. The result? A stellar 9.5% interest-only rate, accompanied by just one lender point—a testament to our dedication to providing competitive terms.
While recent endeavors with the same lender have yielded rates in the 8% range, the unique nature of this property justified a slightly higher rate. Nevertheless, in a market where most private money loans hover at 12% or higher and the Prime Rate stands at 8.5%, securing a fixed interest-only rate in the 9% range for private money is nothing short of stellar.
At Commercial Capital Ltd., our commitment extends beyond closing loans; we strive to secure the best rates for our clients, ensuring their financial success. This success story not only highlights our ability to close complex deals but also emphasizes our knack for achieving competitive rates even in challenging circumstances.
As we continue to champion the financial goals of our clients, we invite you to explore the possibilities with Commercial Capital Ltd. We don’t just close loans; we craft success stories. Join us on this journey, where your unique aspirations meet our unwavering commitment to excellence in commercial financing. Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!
P.S. WE have money and we do not charge ANYTHING to get you to that term sheet. That’s right, we are the ONLY NO-RISK OPTION IN COMMERCIAL. I will underwrite your loan and, quickly determine whether we can get it closed or not, and if so, we will have terms in 48 hours or less from receipt of the basic docs. No cost, no risk. We close you or we make NOTHING. IF YOUR CURRENT BANK IS SAYING NO OR WORSE…TAKING FOREVER TO DECIDE, GIVE ME A CALL TODAY. I will have you quick answers and, you’ll be on your way to a closing-just call 512-358-1511 or get started by going here https://applycommercialloans.com/apply-now/
P.S. Approved Commercial Correspondent Lender | Helping with apartment loans, start-up loan, restaurant loan, hotel loan get the funding they need even if they have been declined by their bank.
Karen Schimpf
Commercial Capital, Ltd.
O: 512-358-1511
E: karen@ApplyCommercialLoans.com
L: www.linkedin.com/in/karenschimpf/