A great little loan program for today's economic environment....                                                      

It's  the second half of 2010 and it's a fairly tough economy right now.  Banks and traditional lending markets are not pulling the trigger on most loans. It's time for creativity when it comes to placing funds into the commercial real estate market. We have a great little funding program that is creative and timely, and we know it can help many commercial borrowers who are well-positioned but simply need to be 100% fully backed on a good deal. 

Position One has partnered with investors that allow us to present a program that will lend up to 100% of the purchase price of the commercial real estate. It can also lend up to 100% of the appraised value.  Target properties are all commercial real estate properties (excluding land).  Minimum amount is $2.5MM. Call or email us with your particular loan and property scenario.  

 >I need this loan program. Submit my loan summary now<

This program is a great way to execute your commercial real estate strategy by using someone else’s money! Plus you retain majority ownership.

The very low cost of entry into our latest Joint Venture Funding Program (also known as 100% Loan program)  is what makes it so attractive. This program funds 100% of cost of purchases, rehab, construction, and refinancing.   This program provides 100% of the project funding, which means no cash into the deal is required from the borrower.  In return, the borrower gives only 25% equity to the JV partner, and keeps 75%  until loan is paid back (as opposed to the typical 60/40 or 50/50 split as was the case in our previous  JV program).  As good as our initial program, We think this program is even better! Call now or click the link above to submit a summary of your project today.

Source for current round of funding for this program is expected to be exhausted before end of 2010. Please submit your deals promptly. 

• Highlights  and Features:

  • 100% funding of the purchase price
  • 100% funding of appraised value
  • Loan  minimum: $2,500,000 Maximum: $25,000,000 (higher amounts considered on individual case basis)
  • Close in 45 days
  • Funds may be used for purchase, construction, rehab, or refinance (up to 100% cash out on refinace)
  • Great for developers! Funding may also be used as project completion loans for developers
  • No prepayment penalty
  • Most commercial real estate can qualify (no raw land at this time)
  • Borrower puts no cash down into the project
  • Borrower pays no interest
  • Minimum credit score required: 600
  • Borrower maintains 75% equity and gives the JV partner 25% equity until repayment of loan. 
  • Liquidity requirement: Yes  (click here)
  • There is no set repayment term. Pay back takes place as fast or as long as borrower prefers.  

  Note: There are fees associated with this program     loan procedures  

                                                                                                                                                                                           

This program is for anywhere in  United States and Canada.   

With this program, borrower simply must show reasonable liquidity (click here), a 600 credit score, and a project that is viable.  The borrower must be able to show liquidity during the loan review period (which is usually about 6 weeks). Investor simply requires a minority equity share of the project until repaid.  Fair,  simple and a very reasonable requirement for all of the advantages that this program offers the borrower.   

Call or email us regarding the details of this great little equity loan program or other programs.  Brokers welcome and protected.

1.877.386.3371

Effective business funding begins at Position One

Click here to return home     Steps in the loan process

 > Submit my loan summary<