Multi-Loan Client Closes on Purchase of Raw Land for Single Family Parcel

We recently helped a repeat client to close on a raw land refinance deal within the Franklin, Tennessee area. Refinanced at $600,000 and an LTV of 48%, the raw land will be developed and sold as a single-family parcel. With this being our client's third working deal with us, we had to get creative in order to make the closing happen! We cross-collateralized all loans / properties and was able to process within two months alongside the client's other working deals.
We pride ourselves in our large number of repeat clients  - proving our hard work, knowledge of the industry, and ability to close quickly. Our team would be honored to review any deals that you may have! Are you a broker and not sure where to go when looking for a direct lending option for your borrower? Let us review your deal inquiry - visit our website at CommercialCapitalBidco.com.

by Leah Waldrop

Due Diligence Pays Off For Nashville, TN Client Opening Fifth Location

A current client of ours came to us looking to open a fifth restaurant within their portfolio. Having four other types of dining and bar concepts already open and operating within the Nashville, Tennessee market, we knew that our client would do exceptionally well with growing their portfolio in the food & beverage and hospitality sectors. We went to work finding a local bank who could properly secure the funding they needed for this project! With our due diligence and connections to local banks, our client was able to lock in a $350,000 line of credit and get the ball rolling with this new location.

Do you have a similar deal scenario in mind or do you have a commercial investment deal that you would like to talk through with our team? Submit a Deal Inquiry today at commercialcapitalbidco.com/apply.

by Leah Waldrop