Minority Loans

 

Minority Loans
day care 2

cc: by  https://www.flickr.com/photos/usdagov/18053793763/in/photolist-

This borrower ran a successful daycare and wanted to buy a vacant daycare building and open a second location.  The problem was she had derogatories on her credit and her score was too low for banks to do on an SBA Loan.  But we leveraged the fact that she was a minority and the daycare would create a lot of jobs and found a non-bank SBA lender in Minnesota willing to lobby for and do the deal.

Give me a CALL TODAY  at 512-650-8630    

WE GOT HER AN SBA loan and got her closed.  At least 7 banks had denied her loan but we were able to get it done.  A true case of a borrower not giving up and a broker who knows all the lenders from around the country and bringing all that knowledge to your local marketplace.  Give me a call today and see how I can help you!

 

Give me a CALL TODAY  at 512-650-8630    

Lastly, any business less than 2 years old is considered a start-up by most banks.  It is VERY tough to get money.  We have non-SBA business only money available with rates starting as low as 7.99% for newer businesses that just need some cash.  These are NOT merchant accounts receivable

 loans, (loans based on your businesses credit card receipts-which we also have), but actual money based solely on the owner’s credit yet the credit established will NOT report on your personal statement unless you default on the loan.

 

 

Wishing You the Best,
Karen Schimpf
Commercial Capital, Ltd.
p: 512-650-8630
P.S. When the Bank Says No, Come to Us to Get Your Deal Closed.  I specialize in SBA and Alternative Commercial Loans.  I help entrepreneurs attain financing for their business or project. I BRING MONEY FROM AROUND THE COUNTRY TO LOCAL MARKETPLACES INSURING THE MOST LIKELIHOOD OF CLOSING. The key is placing the borrower with the lender that most suits that borrower’s strengths. I do it better than anyone.  Give me a call today at O:512-650-8630 to get your loan closed.

 

 

 

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Author: admin

Here’s A Little Bit About Me. 20+ years in the finance industry, I rose to the level of Assistant V.P. with Chase Manhattan. While working for Chase, I decided that I wanted to have residual income without having to quit my job. I bought my first apartment building in 1996, three days before my wedding. In 2001, I decided I would leave the corporate world and work for myself in a net branch environment. My passions are helping people get commercial mortgage loans. I also am passionate about investing, working out and being with my family and friends.