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CHARLES G. HENNEBEUL

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Name:CHARLES G. HENNEBEUL (12 Associations)
Company:AMERICAN CASH SOLUTIONS INC

Email:Contact AMERICAN CASH SOLUTIONS INC
Website URL:http://www.mybuildingfunds.com

Office Phone:(631) 368-2219
Fax Number:(631) 270-3935
Description:Nationwide Commercial Mortgage Broker. Emphasis on Construction, Hotels Motels Bed & Breakfast, Bad Credit may apply! We Care!Loans from $150,000 to $200 million. Out of Box scenarios-we research
 

The History Of American Cash Solutions Inc

Please Note:Please be advised that American Cash Solutions Inc post its payment policy on the main page of our website.  Our most current loan programs are found on the website as well. The payment policy on our website is superceded by the written broker contract that you sign and may be customized to your particular scenario in the interest of getting the deal done.

How To Speed Up The Loan Process

If you email us about your loan scenario and then we contact a bank regarding your matter and you take two weeks or more to get your paperwork together the bank starts to wonder"Why are they taking so long to submit their loan?" In the interest of putting your best foot forward a starter list is below:

1)Read The intro page of our website at http://www.mybuildingfunds.com on the type of documents you should get ready.  At a minimum you should have your :

1)Last two year corporate tax returns(possibly 3 years) for purchase and refinance(3 years may be required in some cases) and personal tax returns if not a corporation and YTD Profit and Loss "aka" P&L for 2008.

2)Clear photocopy of driver's license

3)A check of $21.00 made payable to American Cash Solutions Inc for credit report per borrower

4)Rent Roll

5)Photocopy of the Deed to your building

6)Typed summary of why you want the loan, how it will help you-We usually help you with this

7)Be prepared to fill out an application over the phone or by mail or on our website.

8)We will email you a list of docs usually based on a lender that wants to see your deal.  Once we recieve the list which is usually similiar to the list you just read we will pull your credit report if necessary.  At that point we will submit to bank for Letter of Interest/Written Rate Quote.  We don't throw rates out over the phone without knowing the whole picture..that's like a car mechanic saying what the problem is over the phone without actually looking at the car and then it turns out to be something different..this happens all the time!

9)copies of all mortgage statements, front and back(back may have payoff and other important phone numbers that we need to close your loan)

We accept faxed documents....but first the list of docs must be mailed to us and the photocopies must be clear photocopies.  Remember, the underwriter/loan committee must see clear documents.  Bad unclear photocopies doesn't show them you are serious.

If you have a green card some of our lenders accept green cards...please include a clear photocopy of the front and back of the green card.

Relative to your loan additional documents may be required.

If you know you will be contacting me try to have these documents ready ASAP...in other words lets talk and then mail these documents to us right away as opposed to letting two weeks pass by from our initial conversation your deal will be processed much much faster.  So while we are talking over the phone dig out these documents that you know are somewhere.

 FAQ: FREQUENTLY ASKED QUESTIONS

 

Question:"Why should I have to pay half of the broker fee if I don't get approved?"

Answer:if a bank declines you then we can submit your loan to another lender. However if we are unable to get your loan approved with any of the banks we work with you will not have to pay for our broker fee.  For refinances only:If you proved you can not pay the broker fee at the commitment and can only pay at the closing and opted for the required special arrangement as described on our website  We do not charge an application fee(WAIVED FOR THE SUMMER OF 2008),processing fee and we do not require a large payment upfront before the loan is even submitted.  We never require the whole broker fee to be paid upfront. 

On purchases all closing cost are paid out of pocket and the first half of the broker fee must be paid at the time of loan approval(if approved) and the second half must be paid at the closing.  We are reasonable but also need to make a living like everyone else! We are not unpaid business consultants and can not work for free when we get you results

 Purchasing Your Credit Report-You can now purchase your OWN credit creport with all THREE scores at the credit Page of our website!

 

American Cash Solutions Inc is a New York based privately held corporation founded in 2001 and is specializing in more than just A paper commercial loans.  Business owners in need of loans against accounts receivables(commercial only) and loans against meaningful hard assets(ie:equipment) have come to the right place.  The goal of the Corporation is to evolve from a commercial broker to a commercial banker specializing in 30 year fixed rate commercial loans and commercial construction financing.  We will continue to make available the other types of creative financing.  With the recent loss of 80,000 jobs and the looming challenge of a recession the company feels more determined to help arrange financing for America's small businesses and over the next five years create more jobs. 

Now a short message from the Founder of American Cash Solutions Inc............

"Customer Service is important to us...this means keeping our customers updated through out the process, being upfront about the bank's position on your loan application, looking for ways to make the process easier and faster relative to your work schedule, if on Long Island coming to your workplace for taking the application if preferred by you, quickly submitting papers to the bank, getting an answer to your questions and calling you with answers, attending your closing if on Long Island and for all out of state closings we reserve the time you are at closing for you in our office so if you call me with a question during the closing I will answer the phone immediately.

Our customer service also means a high level of closings...in other words it is unacceptable for a customer to walk away from a closing due to bad lending tactics..we don;t believe in bad surprises for the customer...last minute changes should be rare and truly handed down by the bank and for a good reason.  Our business ethics and model are designed to minimize the customer walking away from the closing table refusing to close.  I never understood why some other brokers lose half their customers at the closing...just be upfront about the terms of the loan and give the customer the chance to make a fair decision.If a customer walks from the table this is a waste of everybody's time and money.  As one owner of a title company said to me they love my closings because they are just that closings!

We never give up on our customers.....if it means you need credit repair, debt settlement, financial statements prepared or a legal maneuver, we have a network of licensed C.P.A.s, tax attornies, Commercial lawyers, debt counselors, and Financial Advisors ready to solve your problem that might be stopping you from gettng your loan.  Of course you must listen to our advice

I base my business on referrals....if you are happy with me then I ask for your referrals.  I know the happiest customer is a customer that gets a loan that will really help them not hurt them.

Lastly, I formed American Cash Solutions Inc one month after 9/11.  The name is patriotic and as someone who was granted citizenship in 1977 I have a desire to help small businesses.  Small businesses make up 2/3 of our economy.  It is an honor and privilege to help America's Small Businesses." -From The Owner, Charles G. Hennebeul

 Read Below for The Kinds of Commercial Loans We Broker and don't forget you can apply for a commercial loan at our website:http://www.mybuildingfunds.com...I will be adding each month loan programs..the list of programs does not represent all the programs available.....I only have so much time to add to this profile so if you visit once amonth you should see more and more info below as well as more short blogs!

Please Note:  We do not place loans in the following States:California, Arizona, Wisconsin, North and South Dakota, Florida.  Should you hit a brick wall(of a building I suppose) and want to be referred to a broker in one of those states, contact my office.

The Kinds Of Commercial Loans We Broker!

Hotel,Motel,Bed &Breakfast Commercial Loan Campaign has been launched.

We handle any type of commercial real estate loan in the USA.

As a founder of a Nationwide Bank used to tell me...Its not rocket science!

Told by your broker/lender that the maximum loan amount is $3 million?  WRONG! Call us!  Don't be limited just because a lender/broker wont lend more than the money YOU need.  Work with brokers like us that HAVE the lenders that cater to the larger deals!

Construction Loans-We Want 'em and We submit them to lenders.  We even suggest slight changes to the concept behind your Project Plan to improve the chances of getting your project approved.  Need $15 million?  $30 million? Don't be shy call us at 631-368-2219! Ask for Charles G Hennebeul.  Need $1 billion?  Call Warren Buffet!

Hard Money Loans Commercial Loans -Want to close in 7 business days?  Declined by every bank on Wall Street?  Have your back against the wall but know a commercial high cost loan will be far outweighed by the opportunity cost of getting your project done?  Can't wait for a 30 to 60 day commercial appraisal and need a closing in 5 to 7 business days?  Is your project in need of financing of $1 million or more?  Call Charles Hennebeul, Owner of American Cash Solutions Inc. 

 Borrow $150,000 to $200 million. 

Letters of Interest issued within  24 hours. Close in as little as 5 days if approved-these loans can also be Commercial Loans for Land development and Acquisitions, Bankruptcies, Workouts and Foreclosures.  One of our lenders specializing in Situational Loans recently financed a $28 million loan for a developer who envisioned a year round resort!

Land Developers-Do you have raw land as collateral but can't find a commercial lender?  Call for Mr. Hennebeul to apply for your Raw Land Loan! Max LTV is 70%.  This is not a development loan and not a construction loan.  Minimum loan amount is $1 million for the raw land loan. 

Situational Loans for land development, acquisitions, bankruptcies, workouts and foreclosures (excludes residential/consumer homes) *commercial loans in states with high levels of residential foreclosures can be done under situational loans subject to quick underwriting*24 hour commitments means no 30 to 45 day commercial appraisal!*

Please do not apply online at our website http://www.mybuildingfunds.com  for  situational loans since they require my personal follow up with you over the phone.  Thank you for your cooperation.

As a reputable commercial broker we use situational/hard money loans as a lender of last resort.  Make sure your broker works with A, B, C, D credit lenders and not just HARD Money!

 

APPLY ONLINE AND YOUR APPLICATION WILL BE expedited Apply online at our website http://www.mybuildingfunds.com  You do not need to enter your social security number.  We can take that over the phone however the website is secure for those of you who want to enter your ssn. 

Full Income/Full Doc Commercial Loan Program #2* 2,3,5,7 Year Fixed on your choice of 15/15, 20/20, 25/25 or 30/30 Year Term. MultiFamily(5+ and Greater) and Mixed Use!! *Mixed Use, Office,Retail, Warehouse,Self Storage, Mobile Home Park, Automotive, Light Industrial, Bed & Breakfast

If you can not go full income please request our stated income/stated asset program!  This is just one of many banks we work with and does not represent highest ltv etc...Ask for Charles Hennebeul.

If The Loan Amount Is $1 million or more and Loan Program #1 or #2 which take more than 2 weeks to close cannot meet your emergency needs ie: you need to close in less than 2 weeks please call us and in your message indicate that you need a situational loan. Your call will be promptly returned and your loan will be placed in our Situational Lending Program where most closings occur in less than 7 business days.

Commercial Loan Purchases Where Your Downpayment Is Funded by An Equity Partner and the Loan Is Funded by the Bank-More to come on this by mid April!  This is VERY exciting and this is on Hi Rise Apartments only.

When Will American Cash Solutions Inc. Become a Commercial Bank? We are forecasting to directly fund our first small business commercial loan in 6 to 9 months.  We will also be relocating our office to a more visible location in the next 3 months for walk in customers here in New York.   The first commercial loan we do as a direct loan will be $100,000 to $200,000 in New York State as part of our Rollout Program.  We are excited to do this so that we may become a nationwide lender for small business owners.-Owner Charles G Hennebeul

Neat Tidbits of Info That Might Help You!

 HELP! HELP HELP!

 I  am currently starting a 5013c that will raise funds for Alzheimer's, Parkinson's and Huntington's Disease -three nuerological diseases that are similiar in their end results. I am looking for a Certified Public Accountant willing to work pro bono on the set up of the 5013c and to advise for the first year on all matters regarding the 5013c. Please call me ASAP.

 

JUST SOME INTERESTING SIDE NOTES THAT I WANT TO COVER 

I have a B.S. in Business Management from SUNY StonyBrook, Class of '98.  I was going to be a brain surgeon and turned down a full scholarship at SUNY Albany but changed my mind(no pun intended here) to pursue business management. 

I am an Eagle Scout, 1993, and am active in the local community.  I have served as Treasurer of a boating organization, The Neptune Power Squadron, have had membership in the Lions Club, East Northport Chamber of Commerce and have participated in fundraising for the Huntington's Disease Society of America.

I worked for about 1 year At JP Morgan Chase and was slated to become a Relationship Manager after achieving 133% of my sales goal.  Unfortunately after 9/11 jobs were frozen and most of my bosses were demoted, fired or retired.  We then went into a recession. At JP Morgan I learned about how big corporations work, became familiar with internal bank lending criteria, bank products, bank rules, one stop shopping concepts and the concerns of small business owners.

I enjoy boating, winning the lotto, and free food from family parties or any party, RRMB!!!!  Remember to Read My Blogs.

I  am currently starting a 5013c that will raise funds for Alzheimer's, Parkinson's and Huntington's Disease -three nuerological diseases that are similiar in their end results. I am looking for a Certified Public Accountant willing to work pro bono on the set up of the 5013c and to advise for the first year on all matters regarding the 5013c.




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