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23 ventures: Commercial Loan Program Updates for March 2012 - 03/06/12 11:30 AM
Great rates on both 5 year and 10 year fixed loans. 5 YEAR fixed money at 4.85%, 10 year fixed money at 5.83%. Please note, all owner-user conventional loans are now eligible for SBA 504 refinancing. Here are a few program highlights: Our in house lending solutions Owner-user and Investor CRE programs > $250k SBA 504 and 7(a) financing for most states – rebates up to 2% on SBA 504 (SBA 7a financing for hotels/motels and gas/c-stores) Multi-family financing in most medium and large cities – all 50 states – rates starting @ 4.15% Investor Programs Broker Relationships Bridge to perm
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23 ventures: Commercial Mortgage Updates For January 2012 - 01/13/12 10:49 AM
Happy New Year! CRE rates continue to be low. Great rates on both 5 year and 10 year fixed loans. 5 YEAR fixed money at 4.95%, 10 year fixed money at 5.90%. Please note, all owner-user conventional loans are now eligible for SBA 504 refinancing. Here are a few program highlights: Owner-user and Investor CRE programs > $250k SBA 504 and 7(a) financing for most states – rebates up to 2% on SBA 504 (SBA 7a financing for hotels/motels and gas/c-stores) Multi-family financing in most medium and large cities – all 50 states – rates starting @ 4.25% Bridge to perm
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23 ventures: UNDERSTANDING COMMERCIAL MORTGAGES-THE WHAT - 06/03/11 08:08 AM
WHAT? What takes commercial deals so much longer than residential loans to close? Rare is the commercial loan that closes in less than 1 month and the rate for those quick-close deals is much higher. Small commercial loans will usually take 2 months and large commercial loans can take as much as 4-6 months or more! Many factors go into this-the appraisal, the broker themselves, the title, and especially the borrower. Let’s start with an appraisal. It will rarely be ordered before the loan is approved and the borrower has committed. This could be weeks into the deal.Once ordered, an appraisal
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23 ventures: COMMERCIAL LOANS-THE WHO - 05/16/11 09:23 AM
Welcome to the world of commercial mortgages. This is the first part of 3 part series that is written to the individual who is venturing out into the world of commercial investment. It is written to introduce you to some of the differences between residential loans and commercial loans and hopefully help you to be more profitable in your quest for diversifying your income through commercial properties. I will endeavor to teach you the who, what, and why of commercial loans. A big part of your success as a commercial investor is in choosing the right mortgage for the property so
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23 ventures: Multi Family Bridge Loan - 04/26/11 09:58 AM
23 Ventures is pleased to announce a new bridge finance product for multifamily properties. The program will provide first mortgage financing for properties located in strong markets with excellent sponsorship, significant experience and verifiable liquidity and will be underwritten to a Fannie Mae or FHA exit at maturity, with an emphasis on new cash invested in the transaction. The program is designed to provide the flexibility of a structured loan while offering the ability to eventually lock into the most favorable permanent financing that exists for individual business needs. Target Deal Traditional Acquisitions Refinance with fresh equity Debt Buyback Properties in Lease
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23 ventures: 23 Ventures Spot Factoring - 04/15/11 09:43 AM
There is a fast, flexible, cost-effective solution to cash flow & workingcapital problems 23 Ventures provides short-term cash flow assistance for businesses by purchasing your selected accounts receivable invoices. Because interface offers our clients a use-it-as-you-need-it transaction each “invoice purchase” is a separate transaction and does not form part of a portfolio-lending approach The 23 Ventures transaction is modeled on a “buy —sell transaction” On being approached by a prospective client 23 undertakes a due diligence program that typically takes about 4-5 business days Once completed the client is at liberty to offer invoices to
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Christopher Hills, Managing Dir. Lending
Hopkinton,
MA
More about me
23 Ventures LLC
Address: 197 Main Street, Milford, MA, 01757
Office Phone: (508) 488-9186
Email Me
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