Closed by our team through June 2011

$1.5M Daycare Purchase – denied by multiple banks due to cash flow.  Borrowers put down 10%.

$380,000 Private Money Loan – building with 2 leases in place but had run out of money.  Denied by banks due to cash flow and personal credit.  Received his funding to finish and escrow the first 6 months payments on the building giving time for the tenants to move in and improve the cash flow.

$550,000 Private Money Loan – chemical company needing money to remove materials in order to expedite repairs to the facility and avoid a shut-down.  Received a private money loan against their building and closed in 14 days.

$85K Merchant Funding – LA night club

$55K Merchant Funding – Flower shop

$30K Merchant Funding – Caribbean grocery store

$150K Merchant Funding – Commercial driving school

$450,000 Discounted Note Purchase, Canton OH – Lender called the note and wanted to close within days or be in foreclosure.  Closed in 8 days and reduced his note by $500,000.

$1.2M Investor Refinance – Note was due within 30 days and could not get refinanced due to a major tenant lease expiring.  Loan was restructured and funded in 34 days.

$270,000 Franchise Purchase, Louisville KY – start-up loan no real estate involved.  Financing covered the franchise cost along with equipment, working capital, tenant improvements and more.

$2.5M Discounted Note Purchase, Jacksonville FL – assistance for a retail investment property.  The note was purchased from the bank at a discount without having to order a new appraisal.

$700,000 Private Money Loan, Portland OR – combo business/real estate purchase.  This was for a start-up with an SBA denied loan.  Closed in under 30 days.

$2M Multi-Family Purchase, Germantown TN – complex with 85% occupancy .  Didn’t qualify for conventional financing due to occupancy rate.  Bridge loan used for initial financing allowing for move to conventional loan in future.

$319,000 Working Capital Loan, Kinnelon NJ – loan for start-up contract business that had contracts in place.

$426,500 Refi with Cash Out, Atlanta GA

$2.64M Purchase of Multiple Franchise Units, Louisville KY – an SBA 7A loan for multiple franchise units, no real estate involved.

These are just a few of the deals that our group has closed recently.