Atlantic City, NJ
$1,000,000
Prime, floating monthly, with a floor of 5%
24 months (Interest Only)
A 275-unit condominium association obtained a line of credit to make upgrades & renovations to the building. The new project included renovating all of the hallways, lighting & fixtures, and so much more!
*on or before the end of the 24-month p
Atlantic City, NJ
$1,000,000
Prime, floating monthly, with a floor of 5%
24 months (Interest Only)
A 275-unit condominium association obtained a line of credit to make upgrades & renovations to the building. The new project included renovating all of the hallways, lighting & fixtures, and so much more!
*on or before the end of the 24-month period, the balance will be converted into a fixed-rate, fully amortizing loan
New Jersey
$4,000,000
4.5% fixed
5 year term / 25 year amortiztion
Our borrower was able to refinance their high rate loan and obtain additional dollars for working capital. With this refinance, it will save them approximately $5,000 a month in payments!
Willow Grove, PA
$318,750
6% fixed for 5 years
10 year term / 25 year amortization
Our client had an SBA loan with a higher, variable rate.
We refinanced the property with a conventional lender, saving approximately $500 a month in payments.
Philadelphia, PA
$345,000
4.25% fixed for 10 years
25 year amortization
Purchase of a mixed-use investment property located in South Philadelphia. 75% LTV
Bucks County, PA
$337,500
Prime +2.75%
10 years
Secured an SBA loan for the purchase of a pizzeria. With this acquisition, not only did the borrower purchase the business but also obtained additional dollars for working capital.
New Jersey
$750,000
7.5% fixed
7 years
An accounting company needed to refinance their current loan and obtain working capital to grow! No real estate- used business assets only!
Philadelphia, PA
$171,000
Prime +2%
25 years
We assisted our client with a business start-up of a daycare. Dollars were needed for the purchase of the property, renovations, and business capital.
Warminster, PA
$337,600
Prime +2%
10 years
Our client purchased a pizzeria business as a start-up for a new venture
Blackwood, NJ
$3,000,000
12% Interest Only
1 year
Secured bridge financing to payoff an existing IRS tax lien in the amount of $2,500,000 utilizing a free & clear commercial property as collateral.
Philadelphia, PA
$350,000
15% Interest Only
1 year
Secured a new lender to get our client out of foreclosure. Also obtained dollars to payoff IRS and state tax liens.
Hammonton, NJ
$350,000
11% Interest Only
1 year
Our client used their property to obtain a mortgage to payoff an IRS tax lien.
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