Referral Partners for Business Loans and Real Estate Loans
If you are a commercial real estate broker, business broker, or other advisor with clients needing quick financing at fair terms, we offer traditional real estate loans and business loans. SBA, business credit lines and all types of funding.
Why give us an opportunity to work with your client?
- We appreciate the opportunity. We will treat your client right. We will respond timely to their calls and requests. We will seek out the fairest and quickest terms for their financing.
- We have two referral partner program to compensate you fairly for your referrals.
We recently helped a couple of brokers (possibly competitors) close sales much quicker and at better terms, than they expected. We have a very large network of financing partners. This helps us get deals done quicker and for good terms.
You are likely thinking… I already know bankers and financing people. The two brokers had finance people on call, too. In fact, on one of the deals, we sent to five lenders and they all said, “it didn’t fit guidelines”. The 6th lender was happy to have it and got the deal done ASAP. The Client was happy with an SBA Business Loan pre-approved in 24 hours. Closed in 6 weeks, after docs received.
Working through our partner firms, we have a large variety of financing options including creative down payment assistance, working capital loans (most financing firms don’t know how to do this).
Here are a couple recent examples where we helped business and real estate brokers get their commissions faster than they initially expected:
A broker had a buyer for a gas station business listed at $150,000. As you know, gas station financing can be a little tricky. Many lenders don’t want to finance stations for less than $250,000. The seller did have docs in good order. We were able to pre-approval in 24-48 hours, getting an SBA Approved Lender: 10% down, at 2.75% over prime, 10 year, <4% closing costs, for the full $150,000. Final approval took 2 weeks after all docs. Closed in 3 weeks after all docs received.
Update: Gas Station Loans need to include CRE and minimum of $350,000.
A few months ago, a buyer with questionable credit approached us (online) to buy an automotive related building. The seller was retiring, so there was no business to sell. The buyer had questionable credit, bank turned them down. We were able to get him $600k (10% down from buyer) 2.75% over prime, for Real Estate and working capital. It was through an SBA Approved lender. It took about 3 1/2 weeks to get funded after docs were in.
With 5000+ lenders, we can approach situations with strategies and lending products that most firms may not consider. Traditional lenders, hard money lenders, revenue lenders, and no credit check credit lines FinTech lenders. We even have lenders that will also lend on specialty assets.
If you know a lot of real estate investors or business owners, this could be a very good source of additional income for you. Contact us right away.