Commercial Loans Blog


Let's face it, the world is moving quicker. Your business is dynamic and more often than not, opportunities are dependent on SPEED to execute.  At Commercial Capital, we have you covered.  Like our FAST TRACK APPLICATION APPROVAL!

This new program allows existing Business Owners to access up to 250K OR MORE by providing a completed one-page application to start.   We'll let you know within 48 hours if we can get you financing and what documents we will need.  Money can be available in as quickly as a week.  It's that simple! 

WHAT COULD YOU DO WITH MONEY NEXT WEEK? Fill in our one page application and find out.  There is NO COST to apply and find out just what is available! 
Low rate financing is currently available to franchisees and business owners for the purchase of existing stores and businesses, refinancing of existing loans, partner buyouts, relocations, new store development and remodels.

You need money?  We got it.  Just ask Michael, who needed money quick to make payroll while he was waiting on an SBA loan to come through.  We got him the money in 3 days!  Call Karen Schimpf at 512-650-8630 to get your one page application and get the ball rolling.  Call today or e-mail me at karenschimpf at gmail.com.

P.S. Remember, our FAST TRACK APPROVAL LOANS allow existing Business Owners to access up to 250K OR MORE by providing a completed one-page application to start.   We'll let you know within 48 hours if we can get you financing and what documents we will need.  Money can be available in as quickly as a week.  It's that simple! Call me today at 512-650-8630. 
Posted in:General
Posted by Karen Schimpf on June 19th, 2017 1:28 PM

 
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The Place to Go When the Banks Say NO! 
 
90+% of the loans we close were denied by a bank or lender before closing with us!  That is an astounding true statement.  We are out here getting money to good people, who the banks are saying no to.  And the beautiful thing is this, ALMOST ALWAYS, THEY ARE GETTING THE SAME or BETTER BANK RATES!
 
So how does that happen?  How can we do this?  The secret lies in 2 areas-expertise and choices.  When a deal comes to us I quickly preview it to ensure it truly is a fundable deal.  Some deals that get denied by banks really should get denied, they are just not strong enough in todays market.  But a GOOD portion, over 50% of them CAN get approved-they just need help.  I analyze it and look for the strengths and the weaknesses of the file.  I then CHOOSE THE RIGHT LENDER AND PROGRAM THAT MATCHES THE STRENGTH OF THE BORROWER TO THE BANK THAT LOOKS MOST FAVORABLY AT THAT STRENGTH.  Some banks really focus on collateral, some really focus on credit, some really focus on cash flow and I choose the right lending source based on the strengths of that borrower.  I then package it correctly and get it submitted in a timely fashion.  
 
The end result is more approvals and more closings.  In fact, the number of SBA loans we will close this year would have put us at #23 of the TOP 100 BANKS closing commercial loans.  And we are brokers, not a bank.  In other words, we close more commercial loans then 98% of the BANKS in the country!  Pretty astounding when you think about it.  And when you consider that all those closings were denied somewhere else before coming to us, you begin to realize just how much value we bring to the equation.  
 
If you or anyone you know is struggling to get a commercial or business only loan closed, PLEASE give me a call.  We respond quickly, have approvals out in 48 hours and can get that person the money they need.  Call 512-354-5949.  I look forward to helping make your dreams a reality!
Posted in:General
Posted by Karen Schimpf on June 5th, 2017 2:09 PM
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I am always on the lookout for more options for funding for you and your clients.  Below is HOT bridge and mezzanine/preferred equity money available TODAY.  If you or any of your clients need money, there is just one number to call-512-650-8640.  Talk to you soon!
 
Bridge Debt: $500K-$10 Million
LOAN TO COST/LOAN TO VALUE Up to 75% 
RATE 6% - 12% 
TERM 12 - 36 Months 
POINTS 1% - 2% in  
 0% - 1% out 
TYPE Recourse and Non-Recourse 

Preferred Equity/Mezzanine Debt $500K-$10MM 
LOAN TO COST/LOAN TO VALUE : Up to 85% 
RATE 12% - 18% (partially accruing)
TERM 1 - 10 Years 
POINTS 1% - 2% in 
0% - 1% out 
TYPE Non-Recourse

PROPERTY TYPES : Multi-Family - Student Housing - Senior Housing - Office (including medical office and special purpose) - Industrial - Retail - Self Storage - Mobile Home Parks - Single Family Residential - Hospitality - Land  
 MARKETS Nationwide 
 TIMING Close in 10 - 30 days

Have a Blessed week!
Karen
Posted in:General
Posted by Karen Schimpf on May 15th, 2017 12:27 PM

 
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Location: Georgia
 
Purpose: Consolidate business debt into one low SBA payment with a 10 year amortization
 
Type:  Borrower is a business that does excavating and heavy dirt moving for construction projects.  He was in business for years but often had to lease the equipment and machinery he needed and his monthly payments were MONSTER, over $110,000 a month.  At the end of the lease terms, he would own the equipment free and clear but getting there was a huge burden. Combining all of the debt and paying off the equipment would yield him a savings of OVER $55,000 a month!  
Give me a CALL TODAY to get your deals closed  at 512-650-8630    
 
Let me put that in perspective, if you save $55,000 a month and let's say your business runs 10% profit margins, it is the equivalent of GAINING an extra $550,000 a month in revenue!  WOW! ($55,000 a month in revenue at 10% profit would yield $550,000 in bottom line net).  By saving that much money off the bottom line, it was the equivalent of DOUBLING his sales!  Now like all of the loans that come to us,  MANY BANKS DENIED THE LOAN DESPITE THE HUGE SAVINGS.   The cash flow based on industry standard debt coverage ratios was still light.  In addition, there was almost no property involved on the deal, just equipment and machinery.  And his credit scores were low, too low for most banks liking(they were low because of all the debt, not because of bad credit history-still many banks passed on the deal).  BUT we found a lender that loved the story, saw that he was paying on time at $110,000 a month in payments, of course he could make the payments at $53,000 a month and they took the project on.  There were a lot of twists and turns and it took an extra month to get closed but we closed last Friday and he now is in GREAT position to succeed.  He is coming up on his strongest time of the year just as his expenses are being slashed in half!  A great combination.
 
Almost 100% of our closed loans were denied somewhere else BEFORE coming to us.  It is sort of what we do!  
 
We will quickly pre-view any loan and if doable, kick out terms at no cost to anyone.  Once you move forward with us, we sink our teeth into the deal and have the tenacity to get that deal done even in today's highly regulatory environment that seems to still be hindering lenders even with all the money available in commercial.  It is really simple, if you want to close the loan, give me a call at 512-650-8630 and let me make it happen for you.  Just one call can get it done!  Call Me today-512-650-8630 or e-mail me your scenario at KarenSchimpf at gmail.com!  Talk to you soon-
 
Karen
Posted in:General
Posted by Karen Schimpf on May 10th, 2017 4:26 PM

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Posted in:General
Posted by Karen Schimpf on April 11th, 2017 9:21 AM
Unsubsidized and affordable housing may dry up if we don't rewrite the zoning codes to allow mid size apartments to be built.  On top of that, it will become difficult for new investors to get into the space of investing in small to mid size apartments.  See the article below.

https://www.bloomberg.com/news/articles/2017-03-30/america-needs-small-apartment-buildings-nobody-builds-them 
Posted in:General
Posted by Karen Schimpf on March 30th, 2017 11:55 AM
Franchise Financing!
 
We close a lot of loans. But through the years, franchise financing has been a staple of our business.  As I crunch the numbers, franchise financing is consistently 30% or more of our business and last month was no exception.  
 

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Why would a business choose us for financing for their franchise?  Because we have over a hundred lenders that give us a wide array of options for the franchisor including start-ups and multiple store financing.  
 
We have:
-non-bank SBA lenders that do NOT require collateral for approval
-we can do second store financing less than a year after opening your first location
-we have conventional financing for businesses with multiple locations
-we can operate in ALL franchises even restaurants, and we can do most with only 10% down(except start-ups which always need 20% for a first location start-up)

And much more.  Give me a call at (512)650-8630



P.S.  WE have money and we do not charge ANYTHING to get you to that term sheet and we NEVER CHARGE APPLICATION FEES that are NON-Refundable.  That's right, we are the ONLY NO RISK OPTION IN COMMERCIAL.  I will preview your loan, and quickly determine whether we can get it closed or not and if so, we will have terms in 48 hours from receipt of the basic docs.  No cost, no risk.  We close you or we make NOTHING.  IF YOUR CURRENT BANK IS SAYING NO OR WORSE, TAKING FOREVER TO DECIDE, GIVE ME A CALL TODAY.  I will have you quick answers and you'll be on your way to a closing-just call Karen Schimpf at (512)650-8630.   Give me a call today!   
Posted in:General
Posted by Karen Schimpf on March 28th, 2017 3:47 PM
 
Loan Amount: $5,050,000
Location: GA
 
The Story: This deal was referred to me by the Realtors, a roughly $7.2 Million dollar Commercial purchase.  Like most deals that come my way, this one was having problems getting financed.  It cash flowed fine, but it's location, historically low occupancy and tenant mix made for a tough loan.  The main tenant was a small school and financials were unavailable.  Added to this, the borrower was from out of state.  That pretty much kicks out all the local banks for any loan above 65%.  Still, the borrower had great credit, had enough to put 30% down and the property cash flowed, so I knew I could get conventional rates-just had to put it with the right source.
 
I got the loan and went to work.  Quick no's from the credit unions on location and occupancy, and the conduit lenders for tenant mix and terms on the leases, made this even tougher than I originally thought.  Still, I was able to get one of my favorite sources to put the loan on their balance sheet and still give the client good long term fixed conventional rates.  I had terms to the borrower in 48 hours.  The borrower agreed to the terms, and we worked the loan through to the closing. We closed ON Feb 8th which was the contract closing date-no extensions, no delays. 
 
 The client got a property that has great cash flow now but with tons of upside for down the road. We closed on time and everyone was happy.  If you have a loan that needs to get closed, if closing that loan on time really matters, then why not give us a call.  I will have terms out in writing typically in 48 hours and my team and I will work that loan until the closing.  Big loans, small loans, SBA loans or private money loans, we do it all.  Give us a call today at (512)650- 8630  or e-mail me at karenschimpf@gmail.com .  Be blessed!
 
 
Karen Schimpf
Commercial Capital, Ltd.
p: 512-650-8630
 

P.S.  Don't forget about our PRIVATE MONEY LOANS:
Sometimes loans can NOT get done conventionally or through SBA.  Whether it is because they have to close in 2 weeks or the credit is horrible or some other factor, sometimes no bank will touch a loan.  In those cases, private money may be an option.  We have our OWN private money and we have a lot of money to lend.  I underwrite the deals and my brother is credit committee and if we both like it, we will issue a commitment and close the loan as long as appraisal and title come in fine.  We WILL accept bank ordered appraisals if they are recently done and in those cases, we can close lightning quick, we actually closed a loan once in 5 days!  Although 3 weeks is more the norm.  We will do loans as small as $100,000 and as large as $1.5 million.  And we have lender partners that can close loans up to $100,000,000!  When speed is needed and certainty of funding matters, we are the BEST option available- so call today for a free pre-qualification or to discuss options that may be available to you at (512) 650 - 8630 .
Posted in:General
Posted by Karen Schimpf on February 28th, 2017 2:16 PM



Hot Apartment Rates on Loan Amounts of $250K+

 
Rates can start in the LOW 4's and it is not a FNMA or Freddie Mac loan.
  • Purchase
  • Refinance
  • 5 units or more
 
Give me a CALL TODAY to get your deals closed  at 512-650-8630    
  • Minimum loan amount is $250K 
  • Max loan amount is $3MM
  • 75% LTV
  • Amortization is 25 or 30 year depending on age of building
 
Give me a CALL TODAY  at 512-650-8630   
  • Lend in specific locations:
Full States: Illinois, Indiana, Wisconsin,

 
Give me a CALL TODAY  at 512-650-8630   

  •  Lend in specific locations:
Cities: FL-Jacksonville, West Palm Beach, Orlando, Tampa, Ft. Lauderdale, St. Petersberg, Daytona Beach, Tallahassee, Gainesville
Louisville, KY
Minneapolis, MN
Oklahoma City, OK
Nashville, TN
TX-Austin, Houston, Dallas
 




--
Wishing You the Best,
 
Karen Schimpf
Commercial Capital, Ltd.
p: 512-650-8630
www.linkedin.com/in/karenschimpf/
blog: http://bizloansconnections.com/
website: http://applycommercialloans.com


P.S. Who do you know needs a commercial loan?  I specialize in Small Business Administration Loans (SBA) and Commercial Loans.  I help entrepreneurs attain financing for their business or project. I BRING COMMERCIAL MONEY FROM AROUND THE COUNTRY TO LOCAL MARKETPLACES INSURING THE MOST LIKELIHOOD OF CLOSING. The key is placing the borrower with the lender that most suits that borrower's strengths. I do it better than anyone.  Give me a call today at O:512-650-8630 to get your loan closed.
 
Posted in:General and tagged: Apartment Financing
Posted by Karen Schimpf on February 24th, 2017 11:22 AM

5+ Units, Great Rates and up to 30 year Amortization By Karen Schimpf Mortgage and Lending with Commercial Capital Ltd. Email Short URL Share: February 24, 2017 09:13 AM Report Hot Apartment Rates on Loan Amounts of $250K+ Rates can start in the LOW 4's and it is not a FNMA or Freddie Mac loan. Purchase Refinance 5 units or more Give me a CALL TODAY to get your deals closed at 512-650-8630 Minimum loan amount is $250K Max loan amount is $3MM 75% LTV Amortization is 25 or 30 year depending on age of building Give me a CALL TODAY at 512-650-8630 Lend in specific locations: Full States: Illinois, Indiana, Wisconsin, Texas Give me a CALL TODAY at 512-650-8630 Lend in specific locations: Cities: FL-Jacksonville, West Palm Beach, Orlando, Tampa, Ft. Lauderdale, St. Petersberg, Daytona Beach, Tallahassee, Gainesville Louisville, KY Minneapolis, MN Oklahoma City, OK Nashville, TN TX-Austin, Houston, Dallas Wishing You the Best, Karen Schimpf Commercial

             



Hot Apartment Rates on Loan Amounts of $250K+
Rates can start in the LOW 4's and it is not a FNMA or Freddie Mac loan.

  • Purchase
  • Refinance
  • 5 units or more

Give me a CALL TODAY to get your deals closed at 512-650-8630

  • Minimum loan amount is $250K
  • Max loan amount is $3MM
  • 75% LTV
  • Amortization is 25 or 30 year depending on age of building

Give me a CALL TODAY at 512-650-8630

  • Lend in specific locations:

Full States: Illinois, Indiana, Wisconsin, Texas

Give me a CALL TODAY at 512-650-8630

  • Lend in specific locations:

Cities: FL-Jacksonville, West Palm Beach, Orlando, Tampa, Ft. Lauderdale, St. Petersberg, Daytona Beach, Tallahassee, Gainesville
Louisville, KY
Minneapolis, MN
Oklahoma City, OK
Nashville, TN
TX-Austin, Houston, Dallas 

 

Wishing You the Best,

Karen Schimpf
Commercial Capital, Ltd.
p: 512-650-8630
c: 512-354-5949
e: KarenSchimpf@gmail.com
www.linkedin.com/in/karenschimpf/
blog: http://bizloansconnections.com/website: http://https://securecontact.me/KarenSchimpf@gmail.com

P.S. Who do you know needs a commercial loan? I specialize in Small Business Administration Loans (SBA), Private Money Loans, and Commercial Loans. I help entrepreneurs attain financing for their business or project. I BRING COMMERCIAL MONEY FROM AROUND THE COUNTRY TO LOCAL MARKETPLACES INSURING THE MOST LIKELIHOOD OF CLOSING. The key is placing the borrower with the lender that most suits that borrower's strengths. I do it better than anyone. Give me a call today at O:512-650-8630 to get your loan closed.

Posted in:General
Posted by Karen Schimpf on February 24th, 2017 11:21 AM

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