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Volume 11, Issue 4 November, 2021 November 25, 2021 |
| Greetings Valued Associate, Here is your latest issue of "Biz Money Now!" – the companion newsletter to the Business-Money-Source website. This Month’s Featured Business Financial Product: Real Estate Financing For Investors and Commercial Property Owners – Part 2Volume 11 Issue 4---------------------------------------- November, 2021
Observe COVID 19 Precautions!Practice social distancing, wash hands and face frequently, get vaccinated as soon as possible and always wear a mask where required.Real Estate Financing For Investors and Commercial Property Owners – Part 2Business Money Source works with both private lenders and banks to provide various kinds of commercial and investor real estate financing for almost any project here in the United States. Many of the funding sources can finance property in all 50 states. Even if one lender is restricted for doing business in a particular state there are other lenders who can finance your project.Here are two commercial real estate financing that Business Money Source can arrange for you. Owner-Occupied and Non-Owner Occupied Commercial Real Estate FinancingThis lender offers purchase and refinance loans with to up to 90% LTV (65% to 50% with No SBA). Investor-held Non-Owner Occupied (N.O.O.) properties can have LTV up to 65% in 50 states.Property Types Funded: These loans can be obtained for almost any kind of commercial real estate: Multi-purposes (offices - condo/medical buildings – light industrial - office/warehouse –multi-store and retail) Semi-special use properties(heavy industrial – manufacturing – schools – daycare center – vehicle dealers (new/used) – marinas – car/truck/motorcycle repair shops – funeral homes (no cemeteries) – barbershops – day spas – salons – dry cleaners – laundromat – grocery stores) Special use properties (restaurants/bars/grills – bowling alley/some sports facilities –auto repair and body shops - metal building – SFR conversion for commercial use – self-storage Loan Amounts: Minimum: $200,000Maximum: $8,000,000 (up to $13,000,000 for owner-occupied properties) Loan Term & Interest Rates: 4.5% - 5.5% (can vary depending on the borrower and property) Loan underwriting will depend on the loan type, property type and financial situation of the borrower. You will be quoted tentative loan term and interest rate options after your initial application and accompanying documentation is received and reviewed. Minimum credit score: 625 - 675 Other Property Types: Profitable Hotels/Motels (no construction) purchase/refinance up to 75% LTV owner occupied Branded gas stations/convenience stores (no constructions) purchase/refinance to 75% owner occupied Multi-use (office/retail/with house) purchase/refinance to 80% (49 states) Minimum loan $500,000 Maximum loan $5,000,000 Please fill out the short secure form at the link below to begin the funding process: CRE_Loan_Form Commercial Real Estate Financing For Large ProjectsThis Prime loan program offers purchase, refinance, cash out loans.Property Types Funded: These loans can be used for multifamily, student housing, industrial, senior housing, warehouse, retail, mobile-home park, office & non-owner occupied 1-4 units, 5+ units mixed-used properties and manufacturing. Prime Loan Amounts for: Minimum Amount: $500,000Maximum Amount: $100,000,000 Interest Rates: 3.25% - 11.99% (can vary depending on the loan program, applicant’s financial strength and the kind of property) Prime Loan Term: 5 – 30 years Loan-To-Value: Up to 80% Minimum credit score: 600 Note: Due to the dynamic of the real estate finance industry and the volatile situation of the U.S. economy during the COVID 19 pandemic, the loan programs described in this document may change or be discontinued without notice. See Part 3 of “Real Estate Financing For Investors and Commercial Property Owners” in the next issue of the “Biz Money Now!” newsletter. Use the link here to make an initial application.
Note: Due to the dynamic of the real estate finance industry and the volatile situation of the U.S. economy during the COVID 19 pandemic, the loan programs described in this document may change or be discontinued without notice. Look for commercial, bridge, construction and SBA in Part 3of “Real Estate Financing For Investors and Commercial Property Owners” in the next issue of the "Biz Money Now!" Newsletter. What Are Our Clients Saying?"If you need a business loan, Jim is the man to see, good service.."/font> J.B.------------------------------------------------------------ "Jim with Business Money Source was incredible in helping me find funding for my business, especially with the challenges faced due to Covid and my unique financial situation. In spite of said challenges, he was still able to help me acquire funding to get started. I look forward to continuing to work with him as business progresses. ~KCT" ------------------------------------------------------------ "Jim is very responsive to any contact you make. Just email him and he's there for you." M.O. This Month’s Business Survival Tip:Strong> Term Loans (USA Only)Term Loan:- $50,000 to $300,000 - 3 To 7 year terms - 4.99% to 14.99% interest range Some benefits of a Term Loan: - Funding in 7-15 business days - Fixed monthly payment - Full liquidity Immediately - No minimum length of time in business - No upfront fees What You Will Need To Apply For Term Loan: -680+ Personal Credit scores in all 3 bureaus -More recent personal tax return showing $50,000 annual income or more taxable income What if your credit score is less than 680? Do you have a business partner, spouse or friend with a credit score of 680 or higher who can co-sign for you? If you do, then you may still get funded! Click the link below and fill out the short secure form to apply for a term loan: Term_Loan_Application_Form Questions Or Comments On Other Business FinancingGo to the Business Money Source website and fill out the contact form with any questions or comments that you may have:ConUsPage2 Your information will not be shared or traded with any other business or private entity. More Links To Get Started In Funding Your Business Or ProjectFor other business loans:For corporate turnaround and debt restructuring for your business:
Know Someone Who Is Seeking A Business Loan Or Real Estate Financing?To register as a Referrer and refer a business loan request:Let us know what topics you would like to see covered in BM$ Success Newsletter. Back Issues for BM$ Success Newsletter Please feel free to contact me by the methods listed below, with any questions that you may have about the various loan programs offered by Business Money Source, LLC. I look forward to assisting you or your clients in acquiring the business financing that you seeking. Sincerely, 
ConUsPage2 Jim Bullock, Managing Member Business Money Source, LLC jim@business-money-source.com (804) 396-3040 Fax: (804) 781-4971 Twitter: bizmoneysource Facebook.com/businessmoneysourcellc www.pinterest.com/bizmoneysource/boards/ Friends of Business Money SourceAdditional resources to enhance your business and your lifestyle:----------------------------------------------------------- Capricorn City The Hangout For Writers and Storytellers Do you have a story to tell? Like to write poetry? Do you enjoy or would like to review music, movies, or television shows? Interested in getting your works published? www.capricorncity.com is the perfect place to get your work seen by readers around the world. Please feel free to contact James Bullock at jabfas@gmail.com if you have a desire to let the world discover you. ---------------------------------------------------------------
Advertise Your Business in BM$ SuccessYou as a subscriber are invited to give your business free online exposure. Free advertising just for the asking! Just send a brief description of your business and the products or service you offer. State whether you are local to a specific region or a national or international company. We will place your info in the next issue of BM$ Success. Don’t forget your contact info or to spell check your ad!Send your ad info to: info@business-money-source.comAny Questions: Let us know what topics you would like to see covered in BM$ Success Newsletter. Be sure to check business money news page daily on business-money-source.com for updates. Also friend us on Facebook and follow us on Twitter! Until next month! Sincerely, Jim Bullock Business Money Source, LLC P.O. Box 16096 Richmond, VA 23222 (804) 396-3040 “Your One Stop Online Business Information Source”www.business-money- source.com Twitter: @bizmoneysource Facebook: https://www.facebook.com/BusinessMoneySourceLLC Disclaimer: The content contained in the BM$ Success Newsletter is provided for informational purposes only. It is incumbent upon the user of the information to seek appropriate financial and/or legal counsel before entering into any financial transaction. Business-Money-Source, LLC nor its' principals are in no way liable for your financial transactions. See the “Disclaimer” and "Terms of Use and Privacy Policy" pages on the Business Money Source website for further explanation. |
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