- Name
- Arthur L Pepperman II
- Company
- CMS Funding, Division of Commercial Capital Ltd
- E-mail
- Contact Arthur L Pepperman II (CMS Funding, Division of Commercial Capital Ltd)
- Website
- http://cms-funding.com
- Office Phone
- (800) 381-9827
- Alt. Phone
- (860) 946-6637
- Fax
- (866) 610-7414
- Address
- 37 Flanders Road, Woodbury, CT, 06798
- Description
- If you have a business goal, are experienced, have decent credit and a nice property, I’ll close your loan in weeks. Been doing it for 30+ years without frustrations, red tape and less restrictions.
About Us:
Arthur L Pepperman II, Consultant, Lender, Business Broker
I've been a corporate officer, entrepreneur, banking consultant and family owned business consultant. I have either made, or seen, just about every business mistake ever made.
Looking back, one prime aspect of business stands out above all and that is the business owner's constant need to create, or obtain capital, to grow a successful business. That is even more true in tough economic times.
Having been in the Commercial lending business, I have lived and prospered through many cycles of boom and recession periods. Let me assure you, my direct lenders did not participate, nor invest, in the sub prime mess so therefore have the unrestricted capital to lend to good Commercial loan requests.
As you probably become to know, many top Commercial Lenders are now gone and even many smaller local and regional Banks have put commercial lending on the back burner. While other Commercial Lenders are busy attempting to understand the "Federal Bail Out" and "TARP" from the lending sidelines, we at CMS Funding continue to lend at extremely good rates and terms!
If you have a Commercial Mortgage ballooning in 2009, please tie your Banker down now. If your Bank even hesitates on a "Commitment", call us immediately ---- before find yourself out in the cold!
There are four keys to obtaining a commercial mortgage:
Having acceptable business experience.
Having a decent credit rating and liquidity.
Wanting to finance, or refinance, a good property that positively cash flows, and
Having an explainable story (goal) that makes common business sense.
As Division of Commercial Capital Ltd, one of the top National Lenders in the USA, we have placed over $200 million in commercial funding over this year. I am very proud that we have helped Commercial Capital achieve that historic mark.
Here are a few of the exclusive, direct lending programs, we can offer that are unavailable elsewhere!
Small Balance:
<$100K to $400K, Max LTV 65% -70%, DSCR 1.25, Am 25 year, Min Credit 600. Use for Cash out - Purchase - Rate & Term
Office, Retail, Light Industrial:
Minimum $300K, Max LTV 60%, DSCR 1.25, Am 20 to 25 year Min credit 650 Purchase - Rate & Term
Multifamily:
Minimum $500K - $750 K, Max LTV Purchase 75%, DSCR 1.25, Am 30 year, Min credit 680 Limited cash out - Purchase - Rate & Term Caveat: Population of metro area will be important! Min 50,000
Owner Occupied:
Minimum $500 K, Max LTV Purchase 65% - 75%, DSCR 1.20, Am 20 - 25 year, Min credit 650 Limited cash out - Purchase - Rate & Term
Flagged Hotel:
Minimum $1M, Max LTV 55% - 60%%, DSCR 1.25, Am 25 year, Min credit 650 Purchase - Rate & Term
SBA 504:
Min $250K Owner Occupied Purchase
SBA 7a:
Min $500K Owner Occupied Purchase - Rate & Term
USDA Business & Industrial:
Min $500K Excellent program for owner occupied in small towns! Purchase - Rate & Term
Commercial Development, Rehab & Purchase
$2M to Unlimited. Health care - Apartments - Mobile Homes.
Must talk to Principal
There is no credit crunch at CMS Funding. Loan Amounts from $100K to $250M
Nationwide Service Area:
- Individual Business Owners and Investors
- Co-Broker and Educational Resource for Residential and Commercial Brokers
- Professional Outsourcing Partner For Local and Regional Banks
Borrowers - Be Prepared
Experienced borrowers already know this, however if you are an occasional, or new, commercial borrower, the following will save you much valuable time and frustration while vastly improving your chances for a successful commercial funding.
In this example, we will assume you need a commercial mortgage, whether for purchase, a rate and term refinance or a cash out refinance, please be prepared as follows:
Obtain a Tri-Merge Credit Report or call us for a free one.
Prepare an up to date Personal Financial Statement. Be honest, include the good, bad and the ugly, if applicable.
Have copies of the last 2 years Corporate and Personal Tax Returns available
Have a YTD P & L and Balance Sheet at the ready, either yours or the Seller's, if purchasing.
Have your, or the Seller's, Rent Roll and property expenses up to date and accurate.
Have a two paragraph Executive Summary, if only in your head, ready to communicate your goals, needs and expectations.
Don't ask for, or expect, an interest rate "Quote" in the first conversation!
Do the above and the good news is:
If you are prepared, and communicative, the chances are that we can do some preliminary underwriting on your loan request, find the proper lender in your circumstances and in 24 to 48 hours get back to you with a written "Letter of Intent" (LOI) to do your loan within your time frame to close!
Your LOI will contain all the pertinent information such as rate, term, monthly payment and terms and condition for you to make an intelligent and informed decision of whether the Lender's offer meets your ROI needs and bottom line expectations.
By following this simple preparedness formula, you put yourself in the driver's seat.
To be ill prepared is a dis-service to your own business and to us whose only mission is to see you obtain the loan you desire.
Understand that the first preliminary underwriting may show weaknesses in your loan request that will preclude us from obtaining a LOI for you. By being prepared as outlined above, your information may very well lead us to suggestions to improve your package to be acceptable so an LOI can become available.
It is far better to learn correctable bad news from us first than to waste months shopping a loan that is fatally flawed from the git go.
An educated, or educable, borrower always wins over time.
Testimonials
When my bank wanted my small motel property for a bank branch, I refused to sell. They then used a technical clause in my mortgage agreement to foreclose. No one could help me until Arthur rode in on his white horse. He held off foreclosure, found new financing, saved my motel business and allowed me to pass on the property value to my children and grandchildren. I have aptly dubbed him "St Arthur"
Evelyn H Lee, Williamsburg VA
When my bank could not refinance my commercial mortgage, they referred me to Arthur Pepperman. Having dealt with other mortgage broker before, I have to say Mr. Pepperman is in another league. He immediately recognized the problems I was having and put together a loan package where everybody wins. I highly recommend this outstanding man.
Thomas Scorda, Lake Wales FL.
I had a $5,000,000 construction mortgage for a medical building that needed to be converted into a permanent mortgage. My bank was being purchased by a larger bank that didn't want to do the take out loan. I had never had problems getting take out loans before, but because my bank didn't want the loan, neither did any others. I asked the out going President for help and he recommended Arthur L Pepperman II. Within two months, Arthur did the job and at a better rate than I ever expected. This man really earns his fee.
John Sullivan, Manchester, NH
We do appreciate the drive, professionalism and guidance that Arthur portrayed in our attempt to correct the many mistakes made by our current "BROKER". Our situation would definitely be different if we had found his company earlier. Arthur, it has been a privilege working with you!
Bill Phillips, Collierville,TN
