Our Loan Brokerage Program helps businesses obtain the money they need to grow their business in every county across the country using our network of over 500 lenders. We are a one-stop shopping opportunity for commercial borrowers. We analyze the financing need and arrange the best funding available based the need, maximum loan amount available, lowest interest rate available, with the least onerous collateral requirements. The loan size can range from ten thousand dollars ($10,000.00) to ten million dollars ($10,000,000.00).
As former commercial loan officers, we know banks take a “measured” approach because they are FDIC insured. We also know that banks pass on good loans all the time because of their risk tolerance (or lack thereof). As a result, our network of over 500 lenders extends beyond banks to include non-banks, private equity and lenders of last resort.
We understand the types of loans our lenders desire and their risk level. This enables us to match your request with the lender that makes those types of loans. Lenders like working with us and our clients because of the packages that we assemble, the information that we provide, and our understanding of their credit culture. They know if we submit a package that there is a high probability that it will be approved. They even copy and paste our analysis into their analysis, resulting in a quicker underwriting and approval process.
Our network of over 500 lenders will provide loans for the “un-bankable,” including —
- Companies in Chapter 11 Bankruptcy
- Business with a negative net worth
- Businesses with tax liens
Types of Loans Available —
- SBA Loans
- Business acquisition Loans
- Lines of credit
- Working Capital
- Term loans
- Equipment Loans
- Unsecured loans from $10,000.00 to $100,000.00 (Not a merchant cash advance)
- Real estate loans (including 100% project financing with no debts service during construction. Minimum equity requirements do apply)
- Secured bridge financing
- Inventory financing
- Asset-based lending
- Funding for healthcare providers
We have NO UPFRONT Fees. We will review, analyze and find a lender at our expense. Only after we have found a lender that provides us financing terms based on the information provided to us will we present a fee for our services along with the financing terms. At that point, the borrower may choose to accept the terms and pay our fee.
- Prime to Prime + 2% on most debt financing
- 3% to 12% per annum on real estate transactions
- 1% per month and higher on purchase order financing
If the borrower can find a direct lender on their own to provide the same transaction that we are offering without having to pay our fee, then clearly, they should go for it. However, if the proposal we offer (including our small broker’s fee for arranging the loan) is the best deal on the table then, of course, they should pursue it as well.
This service was added when a high-quality professional service company was trying to expand by acquiring another business in the same industry in the Mid-West. The company’s local bank would not lend outside New England. The banks near the company being purchased would not lend because the owners lived in New England (outside the bank’s lending area.) The result is that we built a network of over 500 lenders that will lend across the country to borrowers regardless of where they live or the business is located.