FAQs

A: Our clients are private middle market companies seeking an alternative to a bank loan, whether it’s an issue with their credit or a need for faster funding.

A: The minimum loan size is $1MM. We have numerous syndication partners for deals above $7MM.

​A: Our solutions are competitively priced in between hard money loans and bank loans.

A: We lend based on the as-is sales comparison value of the appraisal. Cash out from a refi could be used towards your construction/development plans for your property.

A: We require a 3rd Party Appraisal, Environmental Survey Assessment, Operating Company Income, Security Interest and 1st Lien Deed of Trust

A: Loans on undeveloped land are usually up to 50% LTV.

​A: Yes, we can include equipment as part of the collateral package. We also have great partners who specialize in this category and can assist directly with getting you a more competitive structure on M&E.

A: First, we collect and review company financials and upon approval, we then initiate a term sheet and conduct a property visit. Upon term sheet signing, we begin the due diligence process and collect fees from the borrower to cover costs for a 3rd party appraisal, environmental survey assessment, legal and title work.

​A: Upon signature of mutually agreed terms, funding typically takes 4 – 6 weeks.

A: Yes, we can payoff any outstanding debt at closing, including the IRS, to secure the 1st lien deed of trust on the commercial property, or we can work with the IRS on a subordination plan.

A: Documentation requirements include a copy of the property’s most recent appraisal (if available), current year interim month-end financials, year-end financial statements for the past two years, and documentation/description of the ownership structure.