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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.
Business Only/Franchise Start Up: Loan Amount / $260,000 / Location: All over the country
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 Property 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
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!
We are eager to add you to the list of successfully closed deals!
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