ICA SECURES a commitment to lend at 115% financing for the refinance of owner user Commercial Real Estate, debt consolidation and a permanent working capital LOC in the North-West suburbs of Chicago. The loan proceeds are going to decrease his monthly payment and save this borrower over $7,500 a month!
ICA and the financing desk, leading resources in today’s mortgage industry SECURES a $751,000 dollar commitment to lend for a technologies company in the NW suburbs of Chicago. ICA and its South EAST based investor were able to deliver this no-call / no-balloon loan in times when many other pass on over-leveraged Commercial Real Estate. The customer is being delivered a 25 year term and 25 year FULLY amortized loan at a 6.00% interest rate. The loan comes with a small prepayment penalty. The loan also comes with working capital.
At the financing Desk we utilize our national network of direct lenders to provide financing solutions that meet our clients’ specific needs. We work with many local and national direct lenders across the country who are familiar with the desk and understand the needs of our clients. Our company has been built on a pillar of integrity and loyalty. We welcome your Commercial Mortgage / Business Acquisition or Equipment Leasing requests. We look forward to hearing from you.