by Dave Dambro | Jan 29, 2021 | Bridge Loan, Commercial Real Estate, What's Closing Now
Memphis, TN This bridge loan on the purchase of an apartment complex did not have the necessary occupancy to get a normal loan, and the client needed to close quickly. The time it took from when the client signed our term sheet to the closing was only a whopping...
by Dave Dambro | Jan 29, 2021 | Bridge Loan, Commercial Real Estate, What's Closing Now
Germantown, TN This was a purchase of an apartment complex with an occupancy lower than 85% – and thus could not qualify for conventional financing. However, we were able to get the deal done with a bridge loan source that closes quickly. Once this...
by Dave Dambro | Jan 29, 2021 | Commercial Real Estate, What's Closing Now
Athens, TX This was a purchase of two separate car washes in two different locations. We were able to combine the acquisition of both locations under one bridge loan/mortgage and put them in a great program that gave them competitive rates and terms! Looking to...
by Dave Dambro | Jan 29, 2021 | SBA, What's Closing Now
New Orleans, LA This client needed capital to restock on inventory and they needed capital for marketing. Due to their cash flow history and strong credit, we were able to get them the money they needed — and FAST! Call us today at 888-959-1648 if your business...
by Dave Dambro | Jan 29, 2021 | Commercial Real Estate, What's Closing Now
Bradenton, FL This was a simple purchase of an industrial condo in Florida from one family member to another. We found the right program to help the clients purchase the property quickly & have a smooth closing. If you’re looking to purchase a property, give...
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