Categories
Articles In The News Large Projects Money Available Preparation Real Estate Projects

Hotel Underwriting Required Items

HOTEL UNDERWRITING REQUIRED ITEMS

The last 3 years ADR (Average Daily Rate by month)

The last 3 years Occupancy by Month

06/07/08 and Year to date P & L’s

A copy of the Star Report

Resume of the Owners/Borrowers including net worth and schedule of real estate owned

An Executive Summary of the property including type of facility, interior or exterior rooms, number of floors, amenities, total number of rooms and physical location of property and 4 or 5 color digital photographs are required.

Tri merge individual Credit report

Categories
Articles In The News Money Available Preparation Real Estate Projects S.B.A Loans

Multi-Use Financing

Multi-Use Financing
Property Types: Commercial, Industrial Office, Medical / Dental Office, Industrial Condo, Warehouse, Industrial Office, Mixed Use Commercial and Residential, Mixed Retail w/Office, Light Manufacturing & Industrial
Loan Types: Purchase, Refinance, Cash-Out Refinance
Loan Amount: $100,000 – $3,500,000
LTV: 90% for Owner-Occupied (SBA 504) / 65% for Non-SBA, Refinance and Cash-Out Refinance
Term: 20-25 Year Amortization
No Balloon Payment
Simple Documentation

Our underwriters are professionally trained to keep the interest of the professional a priority. They are experienced in working with borrowers of all sizes. Thus, they can fund loans anywhere in the country!

Categories
Articles In The News Preparation Real Estate Projects

Non-Recourse Commercial Financing

Non-Recourse Commercial Financing
Property types: Apartment Complexes, Self Storage Facilities, Shopping Centers, Mobile Home Parks
Loan Proceeds : Acquisition, Refinance, Cash-out
NO PERSONAL GUARANTEES
Size: Greater than $1 Million
Fast Close: 45-60 Days
Debt Service Coverage: 1.25%
LTV: 65% – 75%
Term: 25 – 30 Years
Interest: Fixed Rate @ 6.0% – 7.9%
Lender Points: None
The appearance is not a factor for approval. However, the property MUST be cash flowing. Local and regional banks can NOT match these terms.
Categories
Articles In The News Money Available Preparation S.B.A Loans

Small Business Loans

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. There shall be no discrimination on the basis of race, color, religion, age, sex, marital status, handicap or national origin.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 $100,000 to $10,000,000
Categories
Articles In The News Money Available Preparation Real Estate Projects

Commercial Multi Family Apartment Loans

Commercial / Multifamily Apartment
Cash Flow Specialists, Inc. and CCL are proven leaders in the commercial mortgage business. As leaders 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, etc.

Again, as leaders in the commercial mortgage business, Cash Flow Specialists, Inc. and CCL has the experience and expertise to structure loans to meet your company’s lending needs.

Categories
Approvals Articles Church Loans In The News Large Projects Money Available Preparation Real Estate Projects S.B.A Loans

Cash Flow Specialists, Inc. Satisfaction Guarantee

Cash Flow Specialists, Inc. Satisfaction Guarantee

Mission Statement: To provide the best overall terms available for qualified commercial loans while providing the best follow-up and service in the market today.

To accomplish this we guarantee:

  1. Quick approvals and/or denials. Our experienced underwriters will look at your loan and give you quick answers–no long waiting periods!
  2. Our underwriters have done hundreds of commercial loans and actually will work with you to structure the loan for maximum approval. Often, just structuring the deal differently or adding back a one time item and pointing it out can get a deal that has been denied approved. Or get you more favorable terms.
  3. We will do this work for free, in essence giving you free pre-approval. No large upfront deposits!
  4. We will spell out to you in plain English the exact rates and points and terms that we can provide. If you accept it, we will collect a small upfront deposit but we GUARANTEE those exact terms or you are entitled to your money back. With us, you will only pay if we get you the best deal at the terms you have accepted! No strings or hassles–the way it should be.
  5. Every Friday (or at least weekly) we will update you as to the status of your loan. No more waiting for months for an answer because a loan is in “committee”. You’ll always know where you stand.

In addition, because we have access to local banks in all regions throughout the country, large nationwide lenders, and Wall Street money, we can almost always give you the best total terms available. Monthly payments on our loan products could be thousands less per month than on deals from your local bank. And our products will more often closely match your needs.

We ask only 3 things from you (here is the catch):

  1. Honesty. Let us know up front about the “issue” that might kill the loan. Chances are we can work around it given time. It will ultimately be found out; and if that happens just before closing, the deal dies and so does that lending source for future fundings.
  2. Help us by getting our required documents in a timely fashion. We never ask for documentation that is not absolutely necessary to close your loan. The faster we receive it, the faster we can get you funded.
  3. Agree to provide 2 referrals to us during your time in process. By having you tell others about us we can spend less time marketing and more time closing your loan.

Together, we can make your commercial loan process a smooth one.

Categories
Articles

Business Credit Enhancement

Business Credit Enhancement Services

If you need credit enhancement services Peter will build a PAYDEX score of 80 with three to four trade lines totalling $40,000 for $4,500. The process takes about 10 business days.

If you need credit enhancement services Peter will build a Experian score of 77  (low to moderate risk) with three to four trade lines totalling $40,000 for $4,500. The process takes about 45 to 60 business days.

In my experience Experian is more widely used West of the Mississippi. Banks will verify D&B-Paydex with Experian.

Once you sign the agreement and wire fees I will release the application to you.

Categories
Articles

Large Project Funding $10m to NO MAXIMUM

Large Project Quick Submission Procedures

by JOE TUFO

I have worked with Greg for some time now. Greg has 30 years of commercial lending experience: 12 years traditional banking and 18 years alternative and structured finance. He is a senior underwriter and sits on the loan committee of a trust.

Remember that we charge a 1% commitment expense fee, minimum $2,500, maximum $25,000 per project.

Greg wants to know:

How much money can the principal bring to the table?

What other forms of cash flow tools are available?

We need to see the proof of funds and or proof of the collateral.

NCC QUICK SUBMISSION PROCEDURES

Please resubmit your project with the following criteria as it will be REMOVED from our files at this time.

FOR PROJECT FUNDING $ 10 MILLION-NO MAX WITH THE TRUST/BOND @10%JV

NAME OF PROJECT IN SUBJECT HEADING

What form of collateral is available for this project?

Submission procedures are simple; send the projects Executive Summary.  (Narrative-Tell –Me- The- Story) and or Proof Of Funds Proof Of Collateral.

We need to see at least 10% of the requested loan amount to be used for the project.  The 10% can be Cash, Municipal Bond, Performance Bond,Sovereign Bond if outside the USA or Cash Backed Instruments (SBLC, BG etc. (Owned not Leased)

(Asset Monetizing is also available, request for Asset information and procedures.)

PAPER ASSETS/CMO’s/BOND’s/CD’s/TREASURIES/ MTNs/STOCKS/NOTES

If up to 10% of the requested loan amount is available we use these funds as collateral to create the funds needed to fund the project.

It is necessary to know what forum and how to DesignStructure, and Place this project

request and what forms of collateral are available?

Trust/JV/BOND/Structured Formats/Conventional/Hard Money?

What are the principal(s) Liquidity/Net Worth?

How much liquidity of discretionary working capital is available for use of the project?

PROOF OF FUNDS- Proof-Of-Funds (POF) can be a sanitized recent Bank Statement or Tear Sheet. (White-out or Black-out account numbers)  Or Standard, 2 Banker-Signed, SKR Letter.

Municipal Bond, Performance Bonds, Sovereign Bond or Cash Backed Instruments- (Need copy)

ASSET MONETIZING-PAPER ASSETS/CMO’s/BOND’s/CD’s/TREASURIES/ MTNs/STOCKS/NOTES(Need Statement)

These can be a line of credit, or a margin line against the asset.  For stock loans we have the ability to implement a synthetic hedge against margin calls at a nominal cost to the borrower.

NOTE;

(SLCP) COLLATERAL PROGRAM (HEDGE FUND) 100% + LTV-DEBT $5M-NO MAX

NON – RECOURCE – NO PREPAYMENT PENALTY

All Commercial Property Types Considered

Purchase* Construction*Refinance*

Close in as little as 90 days

JV-NO LOAN REPAYMENT-(JV 10%-49%) -$20M-$150M +-MUST HAVE 10% INTO THE PROJECT & STRONG RESERVES–TRUE ANGEL JOINT VENTURE

Close in as little as 30 to 50 days

ASSET MONETIZING

PAPER ASSETS/CMO’s/BOND’s/CD’s/TREASURIES/ MTN’s/STOCKS/NOTES

REQUEST ASSET INFORMATION

Loan against market value.

Up to 95% at 1.5% INTEREST ONLY- LIBOR @30 YEARS.

NON – RECOURSE – NO PREPAYMENT PENALTY

Close in as little as 3 days

NATIONAL & INTERNATIONAL HARD MONEY

Contact for details.

SUPER JUMBO RESIDENTIAL LOANS

$500K AND UP-NO MAX LOAN AMOUNT

NATION WIDE- PRIVATE INVESTMENT BANKING

(REQUEST PROGRAM FLYERS FOR DETAILS)

Please feel free to contact me personally should you have any questions.

With Warmest Regards

Gregory

END PROVIDER

REGISTERED AGENT

REGISTERED S.E.C. TRUST

For clarity on who we are;

We are one of the largest international private Trusts.

The Trust is registered with the S.E.C.

We have JV agreements with branch banks that we own with HSBC, Credit Suisse, and Deutsche Bank.

We are collateralized by Global Green-the largest energy project in the world and other natural resources.

We own Bank Instruments that are Cash Backed and Bullion backed.

We are represented by Greenberg Traurig, LLP.  (One the largest international Law Firms in the world)

Once we have a client we can provide all that is requested; Web Site, Trust Overview and References.  We have and can provide total transparency as we are federally regulated.

How much liquidity of discretionary working capital is available for use of the project?

PROOF OF FUNDS- Proof-Of-Funds (POF) can be a sanitized recent Bank Statement or Tear Sheet. (White-out or Black-out account numbers)  Or Standard, 2 Banker-Signed, SKR Letter.

Municipal Bond, Performance Bonds, Sovereign Bond or Cash Backed Instruments- (Need copy)

ASSET MONETIZING-PAPER ASSETS/CMO’s/BOND’s/CD’s/TREASURIES/ MTNs/STOCKS/NOTES(Need Statement)

These can be a line of credit, or a margin line against the asset.  For stock loans we have the ability to implement a synthetic hedge against margin calls at a nominal cost to the borrower.

Categories
Articles

Monster Corporations $500,000 to $2,000,000

There are certain industries that have a difficult time obtaining funding in good and bad times.

Restaurants come to mind. I started working in restaurants when I was five years old. My dad was a store manager for Walgreen Drug Company in Hammond Indiana about 20 miles from our home in Hazel Crest Illinois not far from Chicago. Dad took to me to work with him on Saturdays. It was my job to put ice in a bucket and pull a cart to the restaurant unit. That was 54 years ago. I remember it like it was yesterday.

Real Estate Investors are another group that are finding it difficult to obtain funding. Our funding source just funded two real estate investors in Southern California: one for $1,200,000 and the second for $2,000,000. You can make terrific buys on REO’s if you have access to capital.

Contractors are having a hard time obtaining funding. I owned an insurance agency for 22 years and insured more than 200 contractors. I’ve owned this business for 10+ years and have funded several contractors.

Not For The Faint of Heart

I have known Hector and Peter for 16 months. They are the best that I have found at funding business people who acquire active corporations that can be funded in three increments:

$500,000 cost $33,000 to their company: $5,000 to Cash Flow Specialists, Inc.

$1,500,000 cost $60,000 to their company: $15,000 to Cash Flow Specialists, Inc.

$2,000,000 cost $75,000 to their company: $20,000 to Cash Flow Specialists, Inc.

The success fee is 12% and can be paid out of each funding. It is due within two business days.

You must have a 735 min FICO score, be at least 27 years old, have a debt to high credit under 30%. The process takes 90 to 130 calendar days. They are very detailed. About three weeks into the process they will make a site visit. They will also meet with you at the close.

If you need funding within three to four months and have the money (we don’t want your last dollar) this may be a powerful tool for you to use.

Categories
Articles

Lines of Credit $50,000 to $10,000,000

If you already have a successful business you know that it was not easy to get where you are now, but through hard work, determination, persistence, business smarts, and perhaps even with sheer GUTS you made it this far….but this far is not far enough for you, and you have big dreams and a vision of taking your business to the next level, perhaps through opening new locations, increasing your Inventory, hiring more talent, or increasing your Marketing Budget.

Whichever your plan for Growth and Expansion, you again need LOM, or “Lots of Money”.

How do you get this Cash Infusion?

… Let www.workingcapitalfast .com help you.

As our client, you will deal with Top-Notch EXPERTS in Unsecured Business Financing, each with an average of 10 years experience underwriting Small Business Loans who are here to help you and to give you the STRAIGHT ANSWERS you need.

Our Underwriters devote 100% of their time exclusively to working with our clients in obtaining the MOSTfinancing possible in the SHORTEST time possible – This is our niche, it’s all we do, and we are the BEST at it.

We specialize in Business Loans and Lines of Credit featuring:

  • NO Collateral
  • NO Tax Returns
  • NO Business Plans
  • NO UCC Filings
  • NO Headaches
  • 4%+ APR
  • NO DOC to $400,000 (Start-Ups OK!)
  • EZ DOC to $10 Million

The Lenders in our Network focus on your Credit History and (if available) Business Financials to make their decisions, and the stronger your Credit History, the less documentation you will need to provide. If you have High Credit Scores above 700 FICO our Lenders will rarely ever require any Income or Asset documentation.

Our Expertise is in the complete and correct preparation of your Application so it gets approved the 1st time, and in our extensive network of financial institutions that are willing to finance your particular type of business. We make it easy for you, so don’t waste time and apply right now!

Find out how our EXPERTS can get you Funded!

OUR PROCESS: Setting the Right Expectations from the Start!

Here at http://bit.ly/WorkingCapitalFast we know from experience that Clients that come in to us with the Right Expectations and understanding about the service we provide end up achieving dramatically superior results than Clients that don’t.

Therefore, we have decided to explain the basics of Our Process so you know exactly how everything works and achieve the Best Possible Results that can be obtained for your particular situation and also with a sense of Satisfaction that you made the Right Decision in choosing workingcapitalfast.com.

So here is.

OUR PROPRIETARY PROCESS:

  1. You Apply Online or call us to start the Process.
  2. We send you our Client Package via e-mail for your review. This Package included the Professional Consulting Agreement you will need to sign that outlines the cost of our Service.
  3. We offer you a Free Initial Consultation to answer some of your basic questions and concerns about our Service.
  4. You fax back to us the completed and signed Client Package.
  5. We pull your Business and Personal Credit Reports and perform an Expert Review on your File to determine all issues (Submission Conditions) that may need to be resolved prior to submitting any Loan Applications.
  6. We work with you to resolve as many of these Submission Conditions as possible. The quantity and type of Submission Conditions that need to be resolved, together with your level of cooperation, will determine how fast your File will be ready to be submitted to Lenders for Approval and Funding.
  7. We put you in the BEST Possible Position to obtain the Financing you seek – Your File will be “As Good As It Gets”.
  8. We refer you to the Lenders that we know from Experience are most likely to Approve your Loan Applications and assist you in completing Application Forms and coordinating Lender Appointments and Site Visits if necessary.
  9. We assist you and advise you in resolving Approval Conditions if and when they come up so that your Approvals can turn into Successful Fundings and money in your Bank Account.
  10. YOU ACHIEVE THE BEST POSSIBLE RESULTS THAT CAN BE ACHIEVED GIVEN YOUR UNIQUE SITUATION.

OTHER IMPORTANT CONSIDERATIONS:

APPROVAL AMOUNTS & TIME FRAMES: Each Client is a unique challenge and requires a different strategy – Because of that, the Time Frame for receiving Approvals and the Approval Amounts will depend on various factors and cannot be pre-determined or guaranteed ahead of time. Having said that, we are currently experiencing Approvals within 1 to 3 Days from the the Date each Application is submitted to a Lender, and once each Application if Approved, our Clients are getting funded within 7 to 10 days in the majority of cases. No Doc financing (especially for Start-Up Businesses) may come in the form of personal installment loans in increments of$25K to $100K per lender (depending mainly on your geographical location) and several credit applications may be submitted in order to achieve your total requested financing amount and each credit application will result in a new inquiry on your personal credit report(s) because each lender will need to obtain your personal credit report(s) in order to underwrite your credit application – There is no way to avoid Inquiries, but we can assist you in removing most of them – Ask us how.

WARNING: Anyone or any other Company out there making promises or guarantees to you regarding Approval Amounts or Time Frames is deceiving you – Hold on to your Wallet! No one can promise you any particular Approval Amount or Time Frame until you are actually Approved and Funded – That’s the bottom line and anyone claiming otherwise is deceiving you or stretching the truth at the very least. Here at workingcapitalfast.com we don’t play that game – We tell you the Truth, whether you like it or not.

INTEREST RATES: The normal range of interest rates for No Doc loans and lines of credit is 7% to 14%, and for EZ Doc loans and lines of credit it is 6% to 12%, but the interest rate you receive may be higher or lower in some situations.


MINIMUM QUALIFICATION CRITERIA:
We are ready and able to help every Client that needs our assistance, but if you have recent derogatory marks on your Credit Report, Bankruptcy, Foreclosure, or Repossession in the last 10 Years then it may be very difficult to obtain financing unless you bring in a Business Partner with a clean credit history. There are also some Industries that are harder to finance than others because they are considered to be “High Risk” by Lenders, so if you are concerned that your Business may be in a High Risk Industry or that your credit rating is not strong enough, please ask us about it before you sign-up.


NO DOC:
No Doc means that you do NOT need to provide any proof of Income or Assets and depending on market conditions and your geographical location, the financing may come mostly in the form of Unsecured Personal Installment Loans ranging from $25K to $100K each. The time you have been in business is NOT an issue either – Start-Ups are OK.


EZ DOC:
EZ Doc means that your Personal and/or Business Tax Return Transcript(s) are obtained directly from the IRS using IRS Form 4506T to facilitate the process for you, but Lenders may still require you to provide full copies of your Tax Return(s) and/or additional documentation such as Bank Statements for the last 3 Months, Business License, etc.

Categories
Articles Business Lines Of Credit Improve Credit Money Available

How to Access the BLOC Category

Business Line of Credit (BLOC) is a popular category for us.

For a One Time Investment of Just $197.00 (as compared to $97.00 a month to access the whole website) you will gain access to the posts in the BLOC category for one year – come as often as you need. Content is added at regular intervals as the markets change and new products, services, and vendors become available.

View the category list: http://joetufo.com/blog/category/business-lines-of-credit

be sure and notice the

← Previous Entries

At the time of this posting there are 46 articles on BLOC’s so each article has a value of $4.28. A small investment to learn how to fund your idea, start-up, or existing business. After all, what’s your time really worth?

We’re adding video to expand your knowledge base.

First Year Just $197.00: Continue at $97.00 each year or cancel anytime