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
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
$200,000
Rate: Prime +1%
Term: 5 years
Our borrower took out a term loan to consolidate all business debt and now has a savings of $16,000 a month.
Bucks County, PA
$500,000
Business Line of Credit
Rate: Prime +1%
Term: 5 years
Norristown, PA
$483,750
Rate: 6.05% fixed for 5 years
Term: 5 years
Amortization: 25 years
The organization used to lease space, then they went virtual during the pandemic. Now they finally found the perfect property for their parish!
Montgomery County, PA
$100,000 Asset Based
Term: 30 days notice will be required
Fast Closing: within 1 week from signed proposal
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.
SBA 7a
$2,150,000
Rate: Prime +2%
Term: 17 years
SBA Express Line of Credit: $500,000
Rate: Prime +2%
Term: 5 year- Interest Only;
then will Term out for an additional 5 years
Line of Credit: $500,000
*to-be-used for Letter of Credit purposes
SBA loan & two lines of credit for an office & manufacturing facility in Warminster, PA.
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.
Sewaren, NJ
$700,000
Type: SBA 7a
Rate: Prime +2.5% variable
Term: 25 years
The borrower already runs a successful daycare, with a waiting list. She decided to expand and purchase another center to open a 2nd location!
Audubon, PA.
$595,000
Type: SBA 7a
Rate: Prime +2.75% variable
Term: 4 months interest only, then a 25 year term
The borrower owns a Beauty Spa currently and went from leasing space to owning! Her square footage will increase significantly, allowing her business to expand!
South Philadelphia, PA
$1,700,000
Loan Type: SBA 7a
Rate: Prime + 2.25%
Term: 25 years
The borrower currently owns a food truck company and this will be his first brick & mortar restaurant! Proceeds were used to purchase the real estate, acquire a liquor license, purchase an additional food truck & funds for renovations to the property!
Pittsburgh, PA
$665,000
Rate: 13.5% fixed for 3 years
Term: 30 years
The loan proceeds were used to pay back taxes, along with the refinance of the current mortgage
Philadelphia, PA
$800,000 (35% LTV)
Rate: 8.99% fixed
Term: 10 years / 30 year amortization
Quick closing within 30 days! The borrower was able to pull equity out of the property for some improvements and for future projects!
Philadelphia, PA
Rate: 12.5% Interest Only
Term: 1 year
This was a fast closing! Closing in only 16 days business days.
Copyright © 2024 C&M Commercial Mortgage & Business Financing LLC - All Rights Reserved.
Powered by GoDaddy Website Builder