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Commercial Real Estate Mortgage
Financing, Commercial Real Estate
loans, Commercial Bridge
and Hard Money Loans, Working Capital Loans, Equipment
Equity Refinancing, Equipment Sale Leaseback Funding, equity loans
Commercial Real Estate
Financing, Acquisition,
Refinance, Development, Hard Money,
and Bridge loans.
WHEN CONVENTIONAL
FINANCING....
DOES NOT WORK....
TELL ALLBEX WHAT YOU NEED....
Special
commercial hard money funding programs
:
We
excel in providing short-term funding for any reason, regardless
of bad credit, We are your best source for a hard money rehab loan,
bridge financing loan, hard money land loan, construction loan, or
real estate loan. Approvals, which are based on equity and
property
performance only, are issued almost immediately.
Our commercial hard money funding programs are tailored to meet
your financing requirements with a minimum of conditions; bad credit
is not a problem. Whether for acquisition or development, real estate,
blanket or bridge loans, non-recourse, cash-out, refinance, construction,
rehab, or land loans, if the asset is solid, we will fund it.
SEND YOUR EXECUTIVE SUMMARY
(HOLD THE BUSINESS PLAN, INITIALLY)
TO: Allbex Managing Partner at E-mail allbex@hotmail.com
OR Fax it to us at (415) 946-3307. OR For a quick response,
complete
the Inquiry Form below. We will put our years of experience to work for you.
CASH
IN YOUR EQUITY
Take
cash out of your property! Use your equity for just about anything!
Put your equity to work for you. Our friendly financing associates
are
waiting to help you. If it is doable we can do it.
- Improve real
estate holdings
- Pay taxes
in arrears
- Avoid
bankruptcy
- Consolidate
your debts
- Seize
investment opportunities
- Invest
in additional properties
- Start a
new venture
- Get
that special "something" you've always wanted
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BRIDGE
LOANS
When
conventional financing fails to meet your needs, bridge funding can
help you bank on an opportunity. It can also get you out of
that temporary jam you may be in.
A
bridge loan can provide the flexibility and speed you require to act
fast on a break.
A
bridge loan can be structured as short-term, interest only loans
with a possible exit into permanent financing.
LOAN
AMOUNT: $1,000,000 and up.
BORROWER:
Management and/or ownership should be experienced. Past or
present credit problems, including Chapter 11 or Chapter 7
bankruptcies are workable. Since our loans are asset
based, we are more concerned with the value of the collateral and
the exit strategy than we are about the borrower. We also
require that the real property be in an LLC, the shares to which are
pledged until the repayment of the principal.
PREPAYMENTS:
Loans may be prepaid at any time with no prepayment penalties.
INTEREST
RATES: A typical interest rate in today’s market is about 15% but
could be lower or higher under certain circumstances.
BRIDGE LOAN CRITERIA:
COLLATERAL:
First mortgage on land, office, multifamily, recreation, medical,
warehousing, manufacturing, self-storage, hospitality
(hotels/motels) or industrial properties, etc. - non-income or
income-producing, located anywhere in the USA and select countries
around the world.
LTV RATIO: Loans are generally up to 50% (with exceptions
up to 65%) of the Subject-to-Completion Value. At closing 50%
of the As-Is Value is made available, with an exception to 65% if
the property can demonstrate sufficient DSCR.
USE
OF LOAN: Proceeds may be used for land development, real estate
acquisition, construction costs, equipment, working capital, closing costs
or cash out.
PROCESSING:
Approvals within 24 hours, commitments and closings can be quick.
COSTS:
Unlike other hard money lenders, we have no upfront fees of any type at
any part of the process. All fees associated with the Loan will
be stated precisely in the Commitment and will be paid at
the closing. Of course, the borrower will have to pay for due
diligence such as the appraisal, site visit, legal opinion, etc.
COMMERCIAL
REAL ESTATE PURCHASE LOANS
Borrowers
interested in purchasing commercial, industrial, or investment
real estate
property may find that credit scores, legal obstacles or conditions related to the property itself (i.e., incomplete buildings, damage,
violations, etc.) may prevent standard funding from banks.
In
such cases, hard money loans offer a perfect short-term solution.
Hard money funding provides time to cure whatever situations exist
so that the property can be sold or conventional permanent financing
can be
obtained.
Whether
you are a first-time investor, or a seasoned investor, we
have an assortment of tools and loan programs to meet your individual
financing
needs. E-mail of fax us at (415) 946-3307.We can help you
realize your goals
by offering you all the best advantages:
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To get your Project Reviewed, e-mail or fax to 415-946-3307,
an executive
summary, (not the complete business plan at this time), and a 1003
(or an equivalent application) and a Phase 1 environmental study, if available.
If there are no other credit enhancements such as good credit, high net worth,
excessive revenue streams, then most assets will bring approximately 60% of
value. Rates and terms are normally higher than standard market but will
var
depending on the quality of the asset and the degree of difficulty in
underwriting
the Hard Money Loan. We will not turn away a commercial loan
transaction,
with merit.
SEND YOUR
EXECUTIVE SUMMARY
(HOLD THE BUSINESS PLAN, INITIALLY)
TO: Allbex Managing Partner at E-mail: allbex@hotmail.com
OR Fax it to us at (415) 946-3307. OR For a quick response,
complete
the Inquiry Form below. We will put our years of experience to work for you.
Commercial Real Estate Inquiry
Form:
_______________________________________________________________________
We welcome Brokers/Consultants/Agents.
Click on Broker Registration Tab, top left.
Allbex Financial Partners
(Since 1992)
Newport Beach, CA 92663
Fax: 415-946-3307 (Internet Fax)
E-mail: allbex@hotmail.com
Website: www.allbex.com
(C) Copyright 1992 - 2010
All Rights Reserved
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