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xbroker24
445 Posts |
 Posted - 05/27/2008 : 09:09:46 AM
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here the scenerio:
720 credit, very strong assets, purchase, 750k-825k loan amount,1.1m sales price, nj.
Borrowers have owned business in building for over 10years now they want to buy the building.
Can anyone do this? Banks I am trying will not because its a night club and they dont want to take chance. |
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joe313
650 Posts |
Posted - 05/27/2008 : 09:17:30 AM
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Xashary,
We're a hard money lender based in Paramus and we lend on night clubs. Give me a call and we can see if this is a fit for both of us.
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mortgagemessiah
8003 Posts |
Posted - 05/27/2008 : 09:40:41 AM
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quote:
Originally posted by xbroker24
here the scenerio:
720 credit, very strong assets, purchase, 750k-825k loan amount,1.1m sales price, nj.
Borrowers have owned business in building for over 10years now they want to buy the building.
Can anyone do this? Banks I am trying will not because its a night club and they dont want to take chance.
If they're are buying the land then what seems to be the problem? Call me so we discuss it. |
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EMScommercial
5138 Posts |
Posted - 05/27/2008 : 10:38:07 AM
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We are doing another nightclub in cape may right now.....
Please let us know if we can help you with your commercial scenario(s) - I'm sure that if there is any financing options for your clients out there, we can find it in our vast internal database of commercial lending sources of which we are direct brokers for (currently stands at 325+ entries as of today (lenders, banks, private money, hedge funds, pension funds, insurance companies, etc.)).
Eclipse Mortgage Services is the proverbial 'head of the snake'... the end of that broker chain.... next step - the lending source.....
** We issue a mutual NCND to protect both sides!! **
Remember... We only get paid when the thing funds!
Hyperlink to our page for submissions - very straight forward and simple - http://www.EclipseMortgageServices.com/body_contactme.php - we will receive your submission and an account managers will be assigned. Within one business day you will be contacted - starting the process!
Check out our BASIC RATE/TERM sheet to get an idea if your scenario is 'in the ball park' and then contact us to start the ball rolling to get specific numbers for your loan! http://www.EclipseMortgageServices.com/aaaaaEMS_ratesheet.pdf
Thank you... |
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simply commercia
77 Posts |
Posted - 05/27/2008 : 1:02:32 PM
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| i too have a nightclub deal submitted also in nj. contact me to discuss |
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ComLender
1266 Posts |
Posted - 05/27/2008 : 1:33:19 PM
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| We do restaurants/nightclubs. Please send me a detailed summary or call me to discuss. |
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KHufford
5993 Posts |
Posted - 05/27/2008 : 1:37:49 PM
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NJ? Jager Bombs! Yo, a couple more Heinekens over here bro!
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stuartg_
57 Posts |
Posted - 05/28/2008 : 5:37:37 PM
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The parameters of this deal seem viable.
Here is our focus:
A/R loans
Factoring
Machinery & Equipment
Sale-leasebacks
Business Acquisitions
Any Income producing properties (acquisitions and refinancing)
We also participate in the following types of financing domestically and internationally:
Bridge Loans, Corporate Restructuring, Corporate Working Capital, Import-Export, Intermediate Term Lending, Inventory, Leasing, Leveraged Buyouts, Management Buyouts, Mezzanine, Participations, Recapitalizations, Refinancing, Tax Exempt
Real Estate-
Acquisitions and Development (income-producing):
Apartments, hotels, offices, agricultural, industrial, multi-use
Up to 85% LTV
Mergers and Acquisitions (business-related)-
Up to 90% LTV
Size- $1-500M
Please send a summary, use of funds, and financials on project and buyer and I should be able to give you a prompt answer.
Very Best,
Stuart G Lewis
Managing Director
Brinkabar, Inc.
9595 Wilshire Blvd., Suite 900
Beverly Hills, CA 90212
310-300-8463 Tel
310-496-0588 Fax
slewis@brinkabar.com
www.brinkabar.com
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