Transcript
Page 1: Hard Money Commercial Lending

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Commercial real estate loans from $25,000 up to $50 Million on most commercial property types.

Some loans allow Stated Income.

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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

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Other properties considered – contact Scott

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[email protected]

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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

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Other properties considered – contact Scott

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[email protected]

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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

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Any company or individual that is unable to secure commercial financing through traditional sources

Particularly if funding needs are immediate

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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

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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

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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

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Issuance of Lender Conditional Approval

Upfront Fees Determined at This Time

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Upon Completion of ApplicationScott Fain, RFS Consultant is contacted within 24 hours Calls Borrower Updates Loan in Pipeline

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Scott Fain, RFS [email protected]: 703-879-6912

www.Scott-Fain.com

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“I am READY When You Are!”Scott Fain

04/13/23


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