Direct Commercial Funding Inc.

[Ryan J Bondy]

Hello, I'm in the process of securing property in the U.S. as a Canadian investor.  A private lender named Direct Commercial Funding Inc. has presented us with favorable loan terms, however, they include a substantial upfront fee.  While the loan is promising, the fees being paid prior to funding is a huge concern.  Before committing, I'm very much hopeful that someone else out there has used DCF and can provide insight as to what we can expect in terms of probability of actually closing the loan.

Last thing we need is to pay the money, eat up the time, then not get funds advanced, only to lose the money, lose the funding, and lose the deal.

Anyone familiar with this company?

Please advise.

With great thanks,

RB

[Chenxi Bai]

Hi Ryan, How was your deal with Direct Commercial Funding Inc.? I met the same issue now as exactly as you posted.