|
Metro Commercial Finance
offers a vast array of commercial lending products and services designed to accomplish our clients goals. We provide conventional commercial loans, bridge loans and acquisition and development loans. Currently, we can accommodate and secure
loan requests of up to $1 billion dollars.
Conventional Commercial Real Estate Loans - Utilizes income
from the subject property to qualify. The borrowers assets and
credit scores can serve as compensating factors when the
stability of the property or its income is marginal. Typical
turn times are 45-60 days. With as little as a 10% injection,
these loans can be priced very competitively, and require
full documentation. Non recourse loans are available starting at $1 million.
Bridge Loans - Designed for borrowers with an
immediate short term need, or who have
challenges with their financial position. Terms can be provided
for as long as 24 months, and Loan-To-Values of approximately
75%. These loans require little documentation, and fund within days.
Acquisition and Development - Designed for developers or business owners who are constructing a building for their company. Depending on the type of the property being developed and its use, these projects can be completed with as a little as 10% equity from the borrower. Typical turn times are 60 - 90 days. Permanent financing is either arranged at the start of construction, or during the construction process. Non recourse construction loans are available to qualified builders.
|