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LOAN TYPES
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Commercial Capital is an independent, licensed commercial mortgage lender and apartment lender. We originate from small or mid-balance to large multifamily loan and commercial loans. We close loans through Fannie Mae, Freddie Mac, select banks, REITs and institutional investors nationwide. We are a lender & a broker. Getting you the best loan! |
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With a core focus on commercial mortgage loans under $25 million, a diverse product mix, an innovative online commercial lending platform, and a staff of seasoned, experienced professionals, Commercial Capital provides a low cost, single source solution for apartment loans, office building, Church, and many other type commercial property loans from $250,000 to $30 million. |
Business Acquisition / Franchise Start up
100% LTV for Business Equipment, fixtures, planes, etc.
Self Directed 401-k (for capital)
Lending against securities
Medical Professional's loan option's
Multi Use Properties
Limited Use Properties
Small Business Loans
We will underwrite and process Small Business Administration (SBA) 7(a) and SBA 504 loans. The provisions of the Equal Credit Opportunity Act shall apply to all applicants for loans submitted under these government guaranteed loan programs.
It is our goal to facilitate a quick funding on all (SBA) loan requests. Additionally, we offer the following advantages:
 Competitive rates and terms
Purchase or refinance of commercial real-estate, with cash out permitted
SBA-guaranteed fee can be financed in most cases
Loans size starting from $200,000 to $10,000,000
Commercial / Multifamily Apartment
Commercial Capital is a proven leader in the commercial mortgage business. As a leader we are able to provide funding avenues for a wide variety of commercial scenarios as well as underwrite loans for small and large apartment complexes.
Please notice below the latitude we have for commercial mortgages that enable us to meet the lending needs of a variety of borrowers.
Borrower:
One or more individuals, Corporation, Limited Liability Company, General or Limited Partnership, Joint Venture, Trust
Real Estate Collateral:
Multi-family apartment project, Income Producing, e.g., office, shopping centers, industrial complexes, parking lots, Owner occupied building, Raw Land
Terms:
5- year balloon with 10- year amortization, 10- year balloon with 15- year amortization, 15-year balloon with 20 year, even a 35 year fixed for multi family!
Again, as a leader in the commercial mortgage business, Commercial Capital has the experience and expertise to structure loans to meet your company's lending needs.
Church Financing
Finding church lenders can be a very frustrating and time-consuming process. Well, Commercial Capital is here to take that burden away from the borrower. Nationally we are tied into a host of church lenders. That enables us to arrange church loans from $400,000 to $20,000,000. These loans could be for new construction, major renovations, purchasing existing facilities, land acquisition and the refinancing of existing loans.
Likewise, we provide accounting and consulting services to help churches obtain their financing for the construction of their project. Additionally, as a result of having in-house underwriters, we have a thorough understanding of how to structure church loans.
Yet while church financing can be frustrating, your organization can go through the process nearly hassle free by allowing Commercial Capital Limited to arrange the financing for your church.
NON RECOURSE LOANS:
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NO PERSONAL GUARANTEES!
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Property Types: Apartment Complexes, Self Storage Facilities, Shopping Centers, Mobile Home Parks
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Loan Size: Greater than $1 Million
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Debt Service Coverage: 1.25%
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LTV: 65% - 75%
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FAST CLOSE: 45-60 Days
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Interest Rates: Fixed Rate @ 6.0% - 7.9%
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Term: 25-30 years
Securities-Based Lending:
- - Fixed interest rates between 2.5% and 4.5%
- Interest Only quarterly loan payments
- Loan terms of 3, 5, 7, or 10 years
- No closing costs
- No upfront fees
- No credit check
- No income verification
- Funds may be used for any purpose including personal or business use
- Non-personal recourse loan. The only collateral are the pledged securities.
- Loans available for up to 80% of the securities value
- The borrower receives all dividends and upside market appreciation on the securities
- Quick Fundings - usually in a matter of days
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• Securities information is provided from the borrower.
(A recent monthly statement works best.)
• The loan-to-value ratio and the interest rate are determined by what securities are pledged. The more liquid and actively the traded securities are the higher the loan-to-value ratio and the lower the interest rate.
• A Term Sheet/Loan Commitment is then issued.
• Borrower reviews and approves the Term Sheet/Loan Commitment.
• A conference call is placed between the borrower and lender to answer any questions.
• The Pledge Agreement and Contract are forwarded to the borrower for signatures.
• The securities are then transferred to the lenders brokerage account.
• Lender tracks the closing price of the shares for 3 days to obtain an average price.
• The loan is then disbursed based upon the loan-to-value previously agreed upon.
• Borrower makes Interest-Only quarterly payments.
• During the loan term prepayment of the loan is not allowed.
• Any dividends from the securities is credited to the quarterly interest-only loan payment first and any excess is returned to the borrower.
• Default trigger is set at 80% of the loan amount not 80% of the securities value like typical margin loans. For example: securities value of $1MM, loan of $800k, default trigger at $640k (80% of the loan amount). If the securities value fell below $640k the borrower could walk away from the obligation of repayment of the loan and keep the original loan proceeds ($800k) or contribute cash or securities to bring the value back up to $640k. The borrower would forfeit the collateral. Unlike margin loans this is a non-recourse loan so there is no personal liability should a default on the loan occur.
• At the end of the loan term the loan is paid in full and the same amount of shares are returned to the borrower.
• The loan may also be extended or refinanced.
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