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Updated over 1 year ago on . Most recent reply

User Stats

88
Posts
43
Votes
Cory St. Esprit
  • Investor
  • Pittsburgh, PA
43
Votes |
88
Posts

Hard Money Lender - Commercial

Cory St. Esprit
  • Investor
  • Pittsburgh, PA
Posted

I am looking for information on a hard money lender for a commercial building. I'm a Subway franchisee with 24 restaurants. I'm purchasing an additional unit in Western PA that includes the real estate. I have the franchise funding down, but am looking at options on the commercial space. It's a stand-alone building that is designed for a drive-thru (I just need to add a couple pieces of equipment to make it so), about 2,000 square feet.

Most Popular Reply

User Stats

88
Posts
43
Votes
Cory St. Esprit
  • Investor
  • Pittsburgh, PA
43
Votes |
88
Posts
Cory St. Esprit
  • Investor
  • Pittsburgh, PA
Replied
Quote from @Scott Wolf:
Quote from @Cory St. Esprit:

I am looking for information on a hard money lender for a commercial building. I'm a Subway franchisee with 24 restaurants. I'm purchasing an additional unit in Western PA that includes the real estate. I have the franchise funding down, but am looking at options on the commercial space. It's a stand-alone building that is designed for a drive-thru (I just need to add a couple pieces of equipment to make it so), about 2,000 square feet.


 Lots of options. Some SBA lenders will do both real estate and the business combined.  Shoot me a message and I can assist.


SBA can't do the add backs we need, since the Seller ran so much person through the business. Both PNC and Huntington denied it (both banks I have great relationships with) 

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