Cocoa, FL This property was not your typical apartment property, but rather a “one-off” building (meaning some amenities of a typical apartment building were unavailable, which banks don’t particularly like to finance…) We were able to finance the purchase with a fixed-rate, conventional purchase loan with cash out, which also provided extra capital for a…
Continue reading $700,000 – CRE Purchase – Apartment Building
Refinance – Industrial A 25-year-old family business ran into a wall with the bank. The bank called their note post-recession just as their real estate collateral value dropped. The pressure was on and business was slow. What the business did not know is that the SBA is also tasked with saving good, solid businesses that…
Continue reading $1,144,500 SBA Restructure, Refi CRE – Manufacturing Co
Stuart, FL Blanket refinance loans are powerful and convenient because it can cover multiple single family residences (aka SFRs) in one loan. This investor had individual mortgages on 8 different SFRs and all of them were coming to term. To add fuel to the fire, not all of the properties were cash-flow positive – creating…
Continue reading $895,300 – Blanket Refinance on 8 SFR’s
West Palm Beach, FL Financing a gas station is tricky: it’s part business, part commercial property. Typically, banks don’t like working with gas stations because of the business risks, hazards and the potential for land contamination. This particular gas station and convenience store was having a difficult time with the bank as its loans were…
Continue reading $1,250,000 CRE Refinance – Gas Station/C-Store
Riviera Beach, FL What happens when you try to do a cash-out refinance of a five-unit apartment, three quads and four duplexes? Usually, the bank scratches their head and says “no”. We did a blanket, cash-out refinance loan on all these properties, consolidating them into one convenient payment. No documents, no proof of cash flow…
Continue reading $984,000 – CRE Cash-Out Blanket Refi – Multiple MF
The bank said “No” to any additional funds. We said “Yes” with an SBA 7a for debt consolidation and expansion to build out an op, mark
Banks said no to his commercial refinance due to credit and cash flow constraints.
Rohnert Park, CA A successful dentist worked with the bank for more than 2 years to get a loan to purchase a property and open a new practice. The banks were saying NO over and over again. Thanks to SBA and its use of pro-forma, our team was able to illustrate pro-forma with her 2…
Continue reading $2,320,000 SBA Expansion w/CRE – Dental Offices
Treasure Island, FL The bank said “No” to this stabilized, luxury rental along the coast of the Gulf of Mexico because it is a seasonal rental. Most commercial lenders don’t like to finance seasonal rental properties due to the short-term lease and volatility. However, the property was a promising bet, with positive cash flow and…
Continue reading $1,424,000 – Cash Out Refi – Multi-Family
Kendall, FL This hard-working dentist was referred to us just three years after purchasing his commercial real estate, when he couldn’t find a loan to help add more equipment to his growing practice. Without the needed equipment, the business’s margins continued to tighten and the dentist’s personal debt climbed. The bank was hesitant to refinance…
Continue reading $1,625,000 SBA Refi w/CRE – Dental Office 
