Category: Articles
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Hotel Underwriting Required Items
HOTEL UNDERWRITING REQUIRED ITEMS The last 3 years ADR (Average Daily Rate by month) The last 3 years Occupancy by Month 06/07/08 and Year to date P & L’s A copy of the Star Report Resume of the Owners/Borrowers including net worth and schedule of real estate owned An Executive Summary of the property including…
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Multi-Use Financing
Multi-Use Financing Property Types: Commercial, Industrial Office, Medical / Dental Office, Industrial Condo, Warehouse, Industrial Office, Mixed Use Commercial and Residential, Mixed Retail w/Office, Light Manufacturing & Industrial Loan Types: Purchase, Refinance, Cash-Out Refinance Loan Amount: $100,000 – $3,500,000 LTV: 90% for Owner-Occupied (SBA 504) / 65% for Non-SBA, Refinance and Cash-Out Refinance Term: 20-25…
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Non-Recourse Commercial Financing
Non-Recourse Commercial Financing Property types: Apartment Complexes, Self Storage Facilities, Shopping Centers, Mobile Home Parks Loan Proceeds : Acquisition, Refinance, Cash-out NO PERSONAL GUARANTEES Size: Greater than $1 Million Fast Close: 45-60 Days Debt Service Coverage: 1.25% LTV: 65% – 75% Term: 25 – 30 Years Interest: Fixed Rate @ 6.0% – 7.9% Lender Points:…
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Small Business Loans
Small Business Loans We will underwrite and process Small Business Administration (SBA) 7(a) and SBA 504 loans. The provisions of the Equal Credit Opportunity Act shall apply to all applicants for loans submitted under these government guaranteed loan programs. There shall be no discrimination on the basis of race, color, religion, age, sex, marital status,…
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Commercial Multi Family Apartment Loans
Commercial / Multifamily Apartment Cash Flow Specialists, Inc. and CCL are proven leaders in the commercial mortgage business. As leaders we are able to provide funding avenues for a wide variety of commercial scenarios as well as underwrite loans for small and large apartment complexes. Please notice below the latitude we have for commercial mortgages…
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Cash Flow Specialists, Inc. Satisfaction Guarantee
Cash Flow Specialists, Inc. Satisfaction Guarantee Mission Statement: To provide the best overall terms available for qualified commercial loans while providing the best follow-up and service in the market today. To accomplish this we guarantee: Quick approvals and/or denials. Our experienced underwriters will look at your loan and give you quick answers–no long waiting periods!…
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Business Credit Enhancement
Business Credit Enhancement Services If you need credit enhancement services Peter will build a PAYDEX score of 80 with three to four trade lines totalling $40,000 for $4,500. The process takes about 10 business days. If you need credit enhancement services Peter will build a Experian score of 77 (low to moderate risk) with three…
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Large Project Funding $10m to NO MAXIMUM
Large Project Quick Submission Procedures by JOE TUFO I have worked with Greg for some time now. Greg has 30 years of commercial lending experience: 12 years traditional banking and 18 years alternative and structured finance. He is a senior underwriter and sits on the loan committee of a trust. Remember that we charge a 1%…
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Monster Corporations $500,000 to $2,000,000
There are certain industries that have a difficult time obtaining funding in good and bad times. Restaurants come to mind. I started working in restaurants when I was five years old. My dad was a store manager for Walgreen Drug Company in Hammond Indiana about 20 miles from our home in Hazel Crest Illinois not…
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Lines of Credit $50,000 to $10,000,000
If you already have a successful business you know that it was not easy to get where you are now, but through hard work, determination, persistence, business smarts, and perhaps even with sheer GUTS you made it this far….but this far is not far enough for you, and you have big dreams and a vision of…
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How to Access the BLOC Category
Business Line of Credit (BLOC) is a popular category for us. For a One Time Investment of Just $197.00 (as compared to $97.00 a month to access the whole website) you will gain access to the posts in the BLOC category for one year – come as often as you need. Content is added at…