98% and 93% Financing CLOSED!!!!!

 

Screen Co Front of Shop

ICA CLOSES 2 commitments to lend, LOAN 1  at 98% financing for the purchase of an industrial condominium and LOAN 2 at 93% debt consolidation with Commercial Real Estate refinance, working capital for the expansion of the business and was able to roll in ALL CLOSING COSTS!

ICA and the financing desk, leading resources in today’s mortgage industry CLOSE 2 loan commitments for a total of $590,700 on an independent window and screen distributor in Sun City West, AZ. ICA and its South West based investor were able to deliver this no-call / no-balloon FIXED RATE loan in times when many other distributors are going out of business. The customer was delivered two (2) 25 year term and 25 year amortized loans at a 5.61% interest rate FIXED FOR SEVEN (7) YEARS. The CLOSED loan comes with a small prepayment penalty and working capital for expansion. All closing costs associated with the loan were rolled into the uses.

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.

www.financingdesk.com

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Working Capital – When you NEED CASH NOW!

                      The Financing Desks Working Capital Program, when you need money NOW!

Don’t wait, plan ahead for your seasonal working capital needs

 Examples of some seasonal business we’ve worked with in the past:

  • Hotels/Motels
  • Sporting and Athletic Goods
  • Restaurants
  • Gift, Novelty, and Souvenir Shops
  • Plumbing and Air Conditioning
  • General Building Contractors
  • Heavy Construction Companies
  • Landscapers
  • Pool Companies
  • Overhead Garage Door Companies
  • Wireless Phone Stores

Example Uses for Working Capital Loans:

  • Renovation and Expansion
  • Equipment and Inventory
  • Open new Locations
  • Purchase New Equipment
  • Advertising and Marketing
  • Repairs and Emergencies
  • Purchase Additional Franchises
  • Buy out a Partner
  • Pay Taxes
  • Pay Tax liens
  • Payroll

Call the Desk today to get your working capital application underway 815-526-3796  www.financingdesk.com

 

Posted in Commercial Loan Rates, Commercial Mortgage Trends, Credit Union Investments, SBA 504, SBA 7A Trends and Update, Secondary Marketing, Success Planning, The Economy, Uncategorized | Tagged , , , , , , , , | Leave a comment

$923,000 CLOSED LOAN CHICAGO, IL

                                    

 

ICA CLOSES a commitment to lend at 90% financing for the purchase of equipment, a 100% debt consolidation refinance, working capital for the expansion of the business and a SBA SLA revolving line of credit facility for payroll and other operational uses.

ICA and the financing desk, leading resources in today’s mortgage industry CLOSE a loan commitment for $923,000 on an independent SILK screen printing company based in Chicago, IL. ICA and its South West based investor were able to deliver this no-call / no-balloon FIXED RATE loan in times when many other printers are going out of business. The customer was delivered a 10 year term and a 10 year amortized loan at a 5.5% interest rate FIXED ANNUALLY. The CLOSED loan comes with NO prepayment penalty for the life of the loan. All closing costs associated with the loan were rolled into the uses.

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.

www.financingdesk.com

Posted in Commercial Loan Rates, SBA 7A Trends and Update, Uncategorized | Tagged , , , , , , , , , , , , , , , , | Leave a comment

LOAN APPROVED – Go Gasoline, Santee, CA

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ICA SECURES a commitment to lend at 65% financing for the refinance of an Independent Gas Station on a 35 year land lease using the SBA 7a loan program. This refinance also included capital to purchase new equipment, inventory, and to do some minor improvements. This location has 4 pumps, a canopy island, convenience, lottery and liquor sales, a small restaurant and grocer.

ICA and the financing desk, leading resources in today’s mortgage industry SECURE a loan commitment for $446,000 (65% LTC) on several thousand square feet of owner occupied Real Estate located in Santee, California for an operator with over 20 years’ experience in the gas business. ICA and its North East investor were able to deliver this no-call / no-balloon loan in times when not many investors would consider putting their money out there for Gas Station type projects on a 35 year land lease. The customer was delivered a 25 year term and a 25 year amortized loan at a 6% interest rate. The commitment to lend comes with a short prepayment penalty for 3 years. All closing costs associated with the loan were rolled into the uses of the loan.

 

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ICA and The Financing Desk Do it AGAIN!

ICA SECURES a commitment to lend at 80% financing for the purchase of an Exxon Gas Station, goodwill, equipment, inventory, minor improvements, and working capital. This location has 6 pumps, a canopy island, convenience, lottery and liquor sales, a small restaurant and grocer.

ICA and the financing desk, leading resources in today’s mortgage industry SECURE a loan commitment for $1,544,500 (80% LTC) on several thousand square feet of owner occupied Real Estate in Kittrell, North Carolina for an operator with over 20 years’ experience in the gas business. ICA and its South East investor were able to deliver this no-call / no-balloon loan in times when not many investors would consider putting their money out there for Gas Station type projects. The customer was delivered a 25 year term and a 25 year amortized loan at a 6% interest rate. The commitment to lend comes with a short prepayment penalty for 3 years. All closing costs associated with the loan were rolled into the uses of the loan.

 Visit us at Financingdesk.com

Posted in Commercial Loan Rates, Commercial Mortgage Trends, SBA 7A Trends and Update, Secondary Marketing, The Economy, Uncategorized | Tagged , , , , , , , , , , , , , , , | Leave a comment

CLOSED LOAN 100% LTC CONSTRUCTION / EQUIPMENT / WORKING CAPITAL AND END LOAN

ICA CLOSES a commitment to lend at 100% financing for the purchase of a parcel of land in Seymour, TN, equipment, horizontal and vertical construction, working capital and an end loan.

ICA and the financing desk, leading resources in today’s mortgage industry CLOSE a loan commitment for $735,200 (100% LTC) on several thousand square feet of owner occupied Real Estate in Seymour, Tennessee for a decade old Veterinarian Practice. ICA and its Midwest investor were able to deliver this no-call / no-balloon loan in times when not many investors would consider putting their money out there for construction type projects. The customer was delivered an interest only loan for 6 months during construction which will convert AUTOMATICALLY with no other costs involved at a 6% interest rate and 25 year term and amortization. All closing costs associated with the loan were rolled into the uses of the loan.

 Visit us at Financingdesk.com

Posted in Commercial Loan Rates, Commercial Mortgage Trends, SBA 7A Trends and Update, The Economy | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Working capital is one of the most difficult financial concepts for the small-business owner to understand. In fact, the term means a lot of different things to a lot of different people. By definition, working capital is the amount by which current assets exceed current liabilities.

Most businesses need short-term working capital at some point in their operations. Retailers must find working capital to fund seasonal inventory buildup. Other businesses may need working capital to fuel a marketing program or meet payroll deadlines. Some business just like having cash on hand for on the run opportunities. A small business can never have enough working capital. Cash is king these days so why not apply an grab some!

 Working Capital Benefits over Bank Lending

  • Absolutely no pledge of personal assets
  • NO UCC filings
  • Loans for bad credit
  • Loans for poor FICO scores
  • Simple paperwork
  • Closing within 2 to 4 days
  • Renewable working capital options available

Whether you have good credit, bad credit, tax liens, or have been rejected by banks, Ivanhoe Capital is here to help you get the working capital your business needs. Contact us today, and see what a working capital loan from Ivanhoe Capital can do for your business. 

RECENT WORKING CAPITAL REQUESTS

  • Roofing company looking for additional Working Capital for advertisement and attending shows
  • Contractor needing funding for new job they will be starting
  • Trucking company needing funding to repair 2 of their work trucks
  • Dentist needing funding in order to pay-off a Tax Lien in order to get other financing
  • Salon needing money to finish building out there additional space next door
  • Hotel Franchisee needing additional Working Capital for a new marketing campaign
  • Auto Repair shop needing Working Capital to buy additional inventory
  • Woodworking Company needed to buy inventory to finish up a job

WE WANT TO HELP YOU WITH YOUR WORKING CAPITAL LOANS

  • Minimum Loan Amount: $5,000
  • Maximum loan:                 $500,000
  • Term:                                  4 to 24 Months
  • Time in Business:              6 months minimum
  • Credit Score:                      550 (BK > 12 months)
  • Collateral:                           UNSECURED
  • Funding:                              48 to 72 Hours

 

 

Posted on by Dominick Scorzo | Leave a comment

90% LTV loan approval – SBA 7a

ICA secures a commitment to lend at 90% financing for the purchase of an Industrial condominium and the refinance of another condominium located in Sun City West, AZ.

ICA and the financing desk, leading resources in today’s mortgage industry secure a loan commitment for $608,200 (90% LTV) on several thousand square feet of owner occupied property in Arizona with a southwest based investor. This no-call / no-balloon loan contains various funds for the refinance of their current business debt, all closing costs associated and 50,000 in permanent working capital to grow their business. The loan was committed to in just 15 days from formal submission. The client was committed at a 5.66% fixed rate for 7 years on a 25 year fully amortized loan.

 Visit us at Financingdesk.com

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Ivanhoe Capital Advisors of Chicago Acquire the Financing Desk – January 2014

“Our mission and objective,” write Tim Thomas, blogger at SBA Finance News. Com, and creator of the Financing Desk, “is to offer a complete, and I mean complete, suite of financing options for every conceivable US based business or commercial real estate project — from unsecured financing for startups to $15 million hotel transactions, to SBA, USDA, conventional perms , CMBS, credit union loans, bank debt and construction loans, all in ONE location on the internet.  Instead of having massive search engines, we rely on a panel of commercial secondary market loan placement and underwriting experts — headed by Dominick Scorzo, Dan Alms and the Ivanhoe Capital team out of Chicago – to screen every loan and offer the very very best advice — as human beings and not machines — to each potential borrower.  To do this, the Financing Desk, our blog SBA Finance News, and IC Advisors have merged in to one entity – the Financing Desk – offering the very best financing available for just about any conceivable loan request.  We can now serve clients and brokers nationwide.  And we run just like a loan committee that’s in session 24/7, with experts sharing opinions about each file, and placing each loan with our hundreds of investors garnered over 25+ years in commercial and business finance — so that we are THE go-to website and company  for new loans of just about every kind.

Visit the new Desk at www.financingdesk.com.  Get the full range of our product offerings here Financing Desk Loan Programs 2014 and have a look at the Desk’s special credit union real estate programs for Colorado, Wyoming and Nebraska right here:  Financing Desk-Centennial CU Rates for CRE Jan 2014.  For information and background about the Desk’s new parent company, visit http://www.icadvisors.com.

And subscribe to our new, cutting edge blog below for weekly insights YOU can use as you structure transactions in the credit markets for your business or real estate project.  From $200,000 to $120 million, it is ALL here at the Desk.

 

Posted in Bank Investments, Commercial Bank Underwriting, Commercial lending, Commercial Loan Rates, Commercial Mortgage Trends, Funding Directories, Hotel Financing, SBA 504, SBA 7A Trends and Update, Secondary Marketing, Startup Financing | Tagged , , , , , | Leave a comment

How to Access Capital for Your Business – The List and The Directory

I write this from California’s new/old or I should say newly reborn hi tech Mecca, San Francisco.  Cow Hollow, just seaward from Pacific Heights, a block off Union Street, fueled by great coffee ant kitschy conversation snippets of which include words like “IPO,” “Ruby on Rails,” “crowd fund,” and “user interface.”  Yes between fog horn blasts San Francisco is that kind of place these days.  I love it.  What we have as a tech scene in my home town, Denver, is a cool yet still pale imitation – but not for long thanks to places like www.galvanize.it

Today’s blog is about financing for startups and small businesses on the rise.  I have worked on a directory for Colorado’s credit unions and on some projects for our local small biz development centers which I’d like to share.

Resource one is a class I taught in April at the City of Littleton, it’s about 43 minutes on all the debt and equity alternatives, just a quickie survey,  For the You Tube version go to http://www.youtube.com/watch?v=FedpWO92jNw&feature=youtu.be

.  Or, you can download the PowerPoint here and the Directory here. How to Access Capital for your Business – City of Littleton and TimsList for Accessing Capital – City of Littleton

Resource two is the Financing Desk, in partnership with Business Catapult they will cover both debt and angel capital.  To see the new site go to www.financingdesk.com.  It’s a work in progress but a great idea – one expert in each of the top 16 fields of business finance, all on a virtual; panel writing prescriptions for your business.  Cool idea.  And the Desk has a new sponsor – my son Colin Thomas at www.growllc.com. More on the Desk later.

 

Posted in crowd funding, Free Seminars for Commercial Realtors(r), Funding Directories, Startup Financing | Tagged , , , , | Leave a comment