International Financing Solutions
A Division of Sean Allen, Inc.
Ofc: 239-482-6866 Fax: 888-482-6860Sean
Cell: 239-898-9281 Email: sallen11867@aol.com
Skype: sean.allen5
www.InternationalFinancingSolutions.com
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January 2009
Commercial
Bridge Loans or Hard Money Loans
International Financing Solutions have a variety of lenders who are aggressively entertaining Commercial Bridge Loans for property in the United States and Abroad.
In today’s current economic conditions of bank failures and the increased inability to secure commercial financing, many businesses and development are struggling to get by, but we can be the solution.
Guidelines :
- Minimum Loan amounts of $5 Million USD
- Up to 60% LTV based on current “As Is” Value
- Interest Rates between 12% & 15%
- Closing Costs included in Loan
- Loan terms up to 24 months, in some instances 36 months
- Origination Fees between 7 & 10 points (Bulk of this to the lender)
- Fast Closings – Typically in 30 to 45 days
- Interest Reserve Built into the Loan
Commercial Property Types Allowed:
- Existing Businesses
- Raw Commercial Land
- Development Project already under construction
- We will look at any Commercial property or Business
- Refinancing a current Commercial Loan
Initial Documents Needed:
- Detailed Business Plan
- Detailed Pro-Forma
- Detailed Use of Funds
- List of Debts to be paid off
- Personal Financial Statements on Principles
- Recent MAI Appraisal Showing Current “As Is” Value
Need a fast commercial bridge loan, please contact us to discuss your needs.
Terms and Conditions on any of our financing programs are subject to change at any time without notice. Please contact us for the most recent terms and guidelines to qualify.
Hi, I deal mostly with residential, just wondering, is 12-15 % rates good?
Do you deal with loans lower then the 5 Million?
Karen Dhillon, e-Pro, GRI
Keller Williams Realty Central , in Plano Texas
www.PremierAgentDhillon.com
(214) 840-9644-Cell
Make Every Day A Premier Day!
Hello Karen,
On a case by case basis I will, but then $3 Million is the lowest we will go. We do not do any residential. If we do drop below the $5 Million amount it would usually be because we are also working on a take-out loan which will pay off the bridge loan within a few months of it being originated.
Sean Allen
Hello Sean
I have 3 projects in the works in Antigua. A small hotelthat is 80% complete and operational, seeking financing to complete the upper floors. (2) Housing project for the goverment but could not secure financing that is on hold approximantely 175 affordable housing and (3) State of the art national fitness center.
We are seeking financing for #1 The Hotel in the sun of $ 652,000.00.
Does your company provide financing for such small projects? Please email us directly with your reply.