~International Financing Solutions~

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Commercial Hard Money Loans / Commercial Bridge Loans

 

 

 

International Financing Solutions
A  Division of Sean Allen, Inc.

Ofc: 239-482-6866    Fax: 888-482-6860
Sean Cell: 239-898-9281     Email: sallen11867@aol.com
Skype: sean.allen5

www.InternationalFinancingSolutions.com
www.GlobalCommercialFinancing.com
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 March 2009

 Commercial
Bridge Loans / Hard Money Loans

 ****Fast Closings****

 

Guidelines:                    

  • Loan Amounts from $3 Million to $35 Million

  • Max LTV is 65% of the current “As-is” Market Value

  • Available Nationwide on Commercial Properties

  • Loan Terms from 12 months to 36 months

  • Interest Reserves can be built into the loan

  • Interest rates from 9% to 16%

  • Interest Only Loan Payments or Interest Reserve

  • Lender’s fees will be between 2% to 10%

  • Closings as fast as two weeks from submission

Initial information Needed to Review File for Financing.....

  • Detailed Executive Summary which includes the following information…

    
      A. Description of property (# Units, Current As-is Value, Sq. Footage)

      B. Loan Amount & Detailed Use of Funds

      C. Date of Purchase w/ Amount & additional money spent on property

      D. Debt Service: Where is the money to make monthly payment?

      E. Loan Term Requested: How long you need the loan & why.

      F. Exit Strategy: How will you repay the loan? Refinance / Selling?

      G. Why are you applying for a Bridge Loan and not a conventional loan?

      H. Personal Financial Statement

      J. Recent Appraisal with Color Photos of various angles of property

      K. Recent Tri-merged credit report (credit score does not matter)

 

Cross Collateralization:

If the borrower has a few properties which they are interested in using as collateral, this lender can combined all the properties together and lend up to 65% of their combined “As-Is” value. All current liens would have to be paid off with the bridge loan.

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If you or your client needs a Commercial Bridge Loan or Commercial Hard Money Loan, we have quite a few different funding sources which can handle these needs. The lender we use will depending on the property type,
it’s location and the amount needed.

 

 

Sincerely,

Sean Allen
President

 

 

Terms & Conditions of any financing program we offer may change or be eliminated at any time. Please contact us via a phone call or email for the latest
 terms & guidelines for your project.

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