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strip mall

$700,000 Stated Income Refinance Cash-Out of OH Retail Strip Center:

This borrower had a difficult time locating financing since he could not document his personal or property income with tax returns and many lenders are shying away from retail property loans.

dential practice 2

$250,000 Loan Closed for Dental Practice with No Real Estate Collateral:

The borrower sought working capital at affordable terms which was difficult with < 640 credit, back income taxes and no real estate collateral

trucking co

$1,150,000 Subprime Equipment Loan Closed for a Trucking Co.:

This borrower needed a loan for working capital and to purchase new tractor trailers for his trucking company. He wanted a competitive rate, but he had no real estate collateral, just the trucks to be purchased.$150,000 of unrestricted working capital and $1,000,000 for the purchase of new trucks .

bar club

$460,000 Stated Income, Unrestricted Cash-Out Refinance of a Nightclub & Bar:

Trying to find a competitive, fixed rate loan for a special-purpose property is near impossible. Owner received unrestricted cash-out secured by a nightclub/bar and required no tax returns, financials or 4506T.