COVID Commercial Loan Closings

A professional asked last week if any commercial loans are being closed during COVID. We’ve never been so busy – check these awesome closings out.

Cleaning Company: Reduced their interest rate from 75% on an MCA to 6% SBA loan for working capital and equipment. Existing debt payments were reduced by 67.2%. Significant cashflow boost.

Product Retailer: $150k over 10 years for working capital to buy inventory. Allows money to work in the business longer than a typical inventory loan.

Start up mini golf entertainment venue: Financed the real estate, improvement, equipment loan and working capital.  During COVID!

Start up wedding dress business: Capital for tenant improvements, inventory, and other capital to get their business launched this year. Financing secured in about 30 days. We closed before the 9/27 deadline so the CARES Act is going to make the payments for the client for the next 6 months.

Call/text/email me and let’s talk about your scenario and I can pay you up to 1% of the loan amount for referring any commercial loan nationwide.

Currently we are working on thousands of commercial loans for commercial real estate, residential portfolios, equipment, lines of credit, business or book of business purchases, bridge, working capital and refinancing in nearly every industry and scenario you can think of up to 2B.

Let’s connect this week or first of next, if you are available.

Best Regards,

Greyson Hoffman

Gpic.jpgGreyson HoffmanArea ManagerCommercial Finance, LENDBASEp:Direct

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