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I often get asked “what is really closing in commercial”. Sometimes I tell them generalities like SBA Loans, but I want to list some of our actual recent closings so you can see what really IS closing. These are just a sample of the loans Commercial Capital Ltd. has closed recently. These loans have been chosen for their diversity and to show you a range of the programs that are getting funded right now.
• Church Construction / Loan Amount: $8,500,000 / Location: Katy, TX
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Restaurant Building / Loan Amount $195,000 / Location: Tulsa, OK. • Retail Refinance / Loan Amount: $1,300,000 / Location: Pine, AZ • Office Refinance/Line of Credit / Loan Amount: $450,000 / Location: Chantilly, VA • Refinance of (3) Funeral Homes / Loan Amount: $2,543,000 / Location: Michigan • Special Use Prop. Purchase / Loan Amount: $720, 434 / Location: Big Bear Lake, CA • SBA 7A Manufacturing Purchase / Loan Amount: $618,000 / Location: Tampa, FL • Retail / Office Purchase / Loan Amount: $492,000 / Location: Spring Hill, FL • Multifamily Cash-Out Refinance / Loan Amount: $810,000 / Location: Beverly, MA • 2-Unit Commercial Property Refi / Loan Amount: $360,000 / Location: Brighton, MA • Office Building Purchase / Loan Amount: $325,000 / Location: North Carolina
Again, these are not all of them but a good mixture. The important thing is that commercial loans ARE closing. Deals ARE getting done. And in an era where borrowers are struggling to get anything closed, having a reputation built on actual closings, & being known as the person who can get it done is great!
I am eager to add you to the list of successfully closed deals!
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