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Hard Money Commercial Lending

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Learn about our non-traditional Commercial Lending program. …

Learn about our non-traditional Commercial Lending program.

From $50,000 to $50 Million in funding, we even have some stated income programs. All with the confidence of having an Real Estate Finance advocate at your side to protect your interests from predatory lending practices.

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  • We have direct relationships with privately held funds that specialize in arranging alternative financing for non-bankable commercial transactions throughout the United States. Functioning as a national clearinghouse, we represent non-traditional money sources that are specifically geared to fund troubled or growing companies.
  • Client Profile Any company or individual that is unable to secure commercial financing through traditional sources, particularly if funding needs are immediate. Some examples are; developmental stage companies, companies with historical and/or current losses, companies with negative net worth or tax liens, companies in Chapter 11, healthy companies that need a more aggressive lender who will provide a larger credit facility, and companies where the principals have poor credit. Individuals who have poor credit or limited capital to make an acquisition of a commercial property or operating business may also find help through our lenders.
  • Transcript

    • 1. 08/25/09
    • 2.
      • Commercial real estate loans from $25,000 up to $50 Million on most commercial property types.
      • Some loans allow Stated Income .
      08/25/09
    • 3. Other properties considered – contact Scott 08/25/09 [email_address] Owner Occupied Office/ Office Condo Automotive Retail Assisted Living Warehouse Day Care Mixed Use Funeral Home Hotel Convenience Store – no fuel Restaurant Dry Cleaners Light Industrial Construction Financing Medical Office Church
    • 4. Other properties considered – contact Scott 08/25/09 [email_address] Investment Office/ Office Condo Retail Strip Center Warehouse/Distribution Multi-Family Light Industrial Mixed Use Retail Triple Net Credit Tenant Specialty Programs
      • Trust
      • Joint Venture
    • 5.
      • Specializing in alternative financing for non-bankable commercial transactions throughout the United States
      • Generally non-bank lenders
      • Providing financing to companies and individuals seeking commercial financing who cannot obtain adequate capital to grow or run their business
      08/25/09
    • 6.
      • Any company or individual that is unable to secure commercial financing through traditional sources
      • Particularly if funding needs are immediate
      08/25/09
    • 7.
      • Developmental stage companies
      • Companies with historical and/or current losses
      • Companies with negative net worth or tax liens
      • Companies in Chapter 11, healthy companies that need a more aggressive lender who will provide a larger credit facility, and companies where the principals have poor credit
      • Individuals who have poor credit or limited capital to make an acquisition of a commercial property or operating business
      08/25/09
    • 8.
      • Borrower Documents – Collected by Commercial Team Leader
      • Documentation discussed with Team Leader at time of inquiry and/or project
      • Authorization Form to release information for credit report will be sent to Borrower/RFS Consultant with initial package
      • TURNAROUND TIME: Approximately 45 -60 days; current market dictates turnaround time
      08/25/09
    • 9.
      • Executive Summary of High Quality - average 5-7 pgs
      • Appraisals
      • Fee approximately $1,000
      • Turnaround Time: 2 – 3 weeks
      • Environmental Study – if necessary
      • Upfront fees - determined by nature of loan;
      • credited at closing
      • Closing Costs - All Borrower Monies remitted by Wiring
      08/25/09
    • 10.
      • Issuance of Lender Conditional Approval
      • Upfront Fees Determined at This Time
      08/25/09
    • 11. Upon Completion of Application
      • Scott Fain, RFS Consultant is contacted within 24 hours
      • Calls Borrower
      • Updates Loan in Pipeline
      08/25/09
    • 12. 08/25/09
    • 13.
      • Scott Fain, RFS Consultant
      • [email_address]
      • Office: 703-879-6912
      • www.Scott-Fain.com
      “ I am READY When You Are!” Scott Fain 08/25/09

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