Fairview closes
no-doc commercial loans
(NO APPRAISAL REQUIRED)
in amounts as low as 300k, throughout the contiguous United States.
We are pleased to announce the closing of a $500K cash-out/partner buyout, Single Tenant owner occupied building - Laurel, MD
Deal Challenges:
• Borrower needed quick cash to buyout a hostile partner and for working capital
• Multiple tax liens and other creditors needed to be satisfied
• Borrowers credit impacted by business downturn
• Fully owner occupied building, business not operating to potential
• Debt service coverage ratio less than one due to business issues
Fairview Solutions:
• Fairview facilitated the partner buyout and got all parties to agree on terms of the buyout
• Fairview understood the urgency of the deal and was able to move swiftly
• Timing to pay off tax liens and other creditors - OK
• Cash Flow and Credit issues - OK
• Property type and owner occupancy - OK
Our experience allows us to quickly understand the value of a property and fund shortly thereafter.
Contact us today to learn how our innovative product can help you both transition into commercial lending and expand your existing commercial product offerings. The secret to non-traditional commercial lending is just a phone call or e-mail away.
Call (866) 634.1270 or (404) 634.1270
email us at info@FairviewLending.com
All loans are strictly asset based
$1.5M cash-out refinance
Multi-tenant Office Building
Washington D.C
$450K cash-out refinance
Mixed use O/O building
Taos, NM
$750k cash-out refinance
Office/Conversion
Northern, OH
$1.3M cash-out refinance
Apartment Complex
Norfolk, VA
$925K cash-out refinance
Light Industrial O/O
Milwaukee, WI
$800K cash-out refinance
Light Industrial O/O building
Northern Michigan
$575K cash-out refinance
Single Tenant Office Building
California
