$450,000 SBA Loan
March 2018: A construction company had outgrown the place they were renting and needed a commercial property with room to expand. The owner’s loan officer referred him to Complete Business Capital for financing. He wanted a lower down payment than was required by a bank, so our team helped him trough the SBA process. Now the owner has a new property and cash to expand his business.
$200,000 Commercial Real Estate Bridge Loan
February 2018: A real estate investor needed help to purchase his first commercial property. Although, he was buying the property well below market rate, the bank still required a 25% down payment. The investor could have sold another property to raise the cash, but the deal would have slipped away by then.
Instead, he turned to Complete Business Capital. Since the Loan to Value was very attractive, we secured a 100% loan for 1 year and closed in 3 weeks! Now the investor has built in equity, and once the property is leased, will be in a position to obtain favorable terms for a standard bank loan. While we can’t promise no down payment on every real estate loan, we work hard to get the best deal for our clients.
$44,000 Working Capital Loan
January 2018: A restaurant owner wanted to expand into a neighboring space. She had some money saved up, but not enough to complete the project on her own. She had maxed out bank financing, but Complete Business Capital was able to get her a 2 year term loan for $44,000 in less than a week.
Loans of All Sizes, Including:
$291,000 Property Acquisition Loan for a Real Estate Investor
$75,000 Working Capital Loan for a Restaurant
$25,000 Working Capital Loan for a Gym