Press Release: $585k Refinance

Fairview Commercial Lending , a privately funded lender, is pleased to announce the closing of a $585k refinance on free standing industrial buildings in Philadelphia, PA

Deal Challenges
•  Single tenant owner occupied property
•  Owner's business not cash flow positive
•  Numerous tax liens on the property
•  Borrower in need of quick cash for working capital
•  Borrower spent substantial amounts of money with other lenders that committed and never closed

Fairview Solutions
•  Timing for quick cash okay
•  Fairview able to understand the value of the property even though it was not fully utilized
•  Able to provide cash to pay off tax liens and provide working capital
•  Refinance for any reason up to maximum loan to value
•  Able to commit on the loan within 24 hours and exceed borrower's time requirements
•  When the deal is difficult and time is of the essence Fairview funds

Do you see loans that do not seem to "fit the box" of traditional lenders?

We can help. Fairview specializes in asset/equity-based lending on commercial real estate. We can lend to both credit impaired borrowers and on properties that are not currently cash flow producing. We also can lend on properties that are in or nearing foreclosure or are currently listed for sale. Our experience allows us to quickly understand the value of a property and fund shortly thereafter.