Ad Title: Short Term Commercial/Residential Loans Date & Time Listed: 2009-05-20 15:09:02 (GMT) Type of Ad: Want to Sell Ad Details:
Hard Money Lending for Difficult to Place Commercial Loans
Within our Circle of Influence, we now have access to over 125 private lenders and hedge funds around the country that will provide bridge loans of up to three years for tough-to-place-loans secured by commercial properties of all kinds. The credit guidelines and required information that you should get from your borrower are as follows:
Almost any type of commercial property can be used to secure the loan.
Information to request:
Summary of the project/asset to be financed, including background with respect to the loan request, uses of proceeds of the requested loan and a statement and backup with respect to how the loan will be repaid. Further requirements as follows:
1) Appraisal of property.
2) Environmental Report
3) Two years annual financial statements and interim financial statements.
4) Personal financial statements of the guarantor of the loan / owner of the property.
If this is something that you are interested in, please contact:
Chris B. 770-256-3394
Keywords: Hard Money, Commercial Loans, Loans, Real Estate
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