All Forum Posts by: Karen Schimpf

Unlock the strategic success behind an empowering bridge loan journey! Dive into our latest article that unravels the transformative impact of bridge financing on a burgeoning daycare business. Discover how swift action, credit strength, and a well-executed exit strategy led to business expansion. Read the full article here: https://lnkd.in/emfP877z

P.S. We are an Approved Commercial Correspondent Lender, WE BEAT THE BANKS ON RATES! Don’t delay, call today!!!!

P.S.S For Hotel Loan, We are at 5-year CMT + 3.75% with a floor of 7.75%. Still offering 30-year fully amortizing loans. We are also entertaining ground up construction. Always okay being a backup option in case another lender drops the ball as well. Let me know if there are any deals I can take a look at to get a LOI out on.

https://flic.kr/p/yjHBT2

Three (4) weeks are gone in this new year, and if you are like most people, you have already failed 80% of your New Year’s resolutions. BUT I WANT TO CHALLENGE YOU TO KEEP GOING AND GET BACK ON THE HORSE. Start again this week, just taking one small step toward each goal.

The key is to remember it is just week 4 of a 50-week year. The battle is not won in week 3. The battle is won in week 39 when you have been nailing whatever goal it was and you are having victory out on the field of your life. So don’t get down, look at why you had a misstep last week, and do better. Maybe you tried to do too much, scale it back, just do a little… I tell my staff all the time, “How do you eat an elephant? One bite at a time.” Just take one bite at a time but DON’T write off the goal for the entire year because you botched it the first few weeks. Get back in the game, analyze, correct, take the next step and get going. YOU CAN DO THIS!!!

I know all the reasons why my business should slow down this year, forcing me to gain market share to keep my volume up, but I am telling you guys I don’t see it in my volume. I have been busier these last few weeks than EVER before. And it is people buying buildings, people buying out partners, start-up franchise loans, it is EXPANDING type of loans. Very few refinances. These are purchases and growing businesses. I still expect a slowdown to happen

I think a recession or worse could come, there are plenty of problem signs, but right now there is a lot of expansion and business going that is what I am seeing. So I am going to keep helping these people keeping a cautious eye out on the horizon but business IS STILL HAPPENING in 2024…so keep working on it. It’s the only thing I know to do.

We now have a fixed rate SBA 7A loan for real estate AND BUSINESS ONLY, at rates UNDER 7%. That is a 10-year fixed on a business-only loan and a 25-year fixed on a real estate loan. Yes, 90% of LTV SBA loans FIXED under 7%. What are you waiting for? Call Karen Schimpf at 512-354-5949 or start here by clicking here.

Karen Schimpf
Commercial Capital, Ltd.
O: 512-358-1511
E: [email protected]
L: www.linkedin.com/in/karenschimpf/
B: http://bizloansconnections.com/
W: http://applycommercialloans.com

PS. For Hotel Loan, We are at 5-year CMT + 3.75% with a floor of 7.75%. Still offering 30-year fully amortizing loans. We are also entertaining ground up construction. Always okay being a backup option in case another lender drops the ball as well. Let me know if there are any deals I can take a look at to get a LOI out on.

https://flic.kr/p/9pnYVH

Explore our success—a $3.8M private money loan at 9.5% for a golf course. Competitive rates, tailored solutions. Your journey starts with us! 🌐🏡 #CommercialCapital #SuccessStory

Follow this link to learn more : https://conta.cc/48KpcBI

Karen Schimpf

Commercial Capital, Ltd.

O: 512-358-1511

E: [email protected]

L: www.linkedin.com/in/karenschimpf/

B: http://bizloansconnections.com/

W: http://applycommercialloans.com

P.S. WE have money and we do not charge ANYTHING to get you to that term sheet. That's right, we are the ONLY NO-RISK OPTION IN COMMERCIAL. I will underwrite your loan and, quickly determine whether we can get it closed or not, and if so, we will have terms in 48 hours or less from receipt of the basic docs. No cost, no risk. We close you or we make NOTHING. IF YOUR CURRENT BANK IS SAYING NO OR WORSE...TAKING FOREVER TO DECIDE, GIVE ME A CALL TODAY. I will have you quick answers and, you'll be on your way to a closing-just call 512-358-1511 or get started by going here https://applycommercialloans.com/apply-now/

P.S. Approved Commercial Correspondent Lender | Helping with apartment loans, start-up loan, restaurant loan, hotel loan get the funding they need even if they have been declined by their bank.

https://flic.kr/p/9pnYVH

Demystifying SBA Business-Only Loans: The Role of Collateral #businessloan #money #bridgeloans

Unveil the intricacies of SBA loan collateral requirements with Commercial Capital LTD in our latest video. Join us as we navigate through the essential mandates set by the SBA, shedding light on the critical role collateral plays in securing these loans. Understand the criteria for collateral, which may extend to personal assets, including your primary residence and investment property. Discover the exceptions, such as the unique considerations for homestead states. Whether you're a business owner or investor, this video provides crucial insights into SBA loan collateralization, empowering you with knowledge for strategic financial decisions. Watch now and demystify the complexities of collateral in the world of SBA loans!

We are Approved Correspondent Lender that lends nationwide. Give us a call at 512-358-1511 or go here to get started https://applycommercialloans.com/apply-now/

https://youtube.com/shorts/tmE6o0OAwOM?feature=share

Embark on an inspiring journey as we unfold the remarkable tale of swift success in closing an SBA Bridge Loan at an impressive 90% Loan-to-Value (LTV) within just eight days! Delve into the narrative of a determined client who triumphantly secured a prime property for their business, overcoming unforeseen city permit hurdles through our expedited and efficient process. The speed and efficacy of this achievement demonstrate the unparalleled commitment we bring to transforming dreams into reality. If you're hungry for more success stories and valuable insights, don't forget to like, subscribe, and join us on this thrilling adventure of turning aspirations into tangible accomplishments

We are Approved Correspondent Lender that lends nationwide. Give us a call at 512-358-1511.

https://flic.kr/p/9pnYVH

A recent success story from our portfolio—a remarkable $3.8 million private money purchase loan with a competitive 9.5% interest rate.

Our journey began with a unique property—a cash-flowing golf coarse. While the property's cash flow potential was evident, its distinctive structure presented a challenge, causing multiple lenders to shy away. Undeterred, a determined borrower approached us, seeking a solution that would overcome the obstacles standing in the way of his investment dreams.

At Commercial Capital Ltd., we pride ourselves on being problem solvers, and this case was no exception. Armed with expertise and a commitment to finding tailored solutions, we navigated the intricacies of the deal and secured the best-priced private money fund available. The result? A stellar 9.5% interest-only rate, accompanied by just one lender point—a testament to our dedication to providing competitive terms.

While recent endeavors with the same lender have yielded rates in the 8% range, the unique nature of this property justified a slightly higher rate. Nevertheless, in a market where most private money loans hover at 12% or higher and the Prime Rate stands at 8.5%, securing a fixed interest-only rate in the 9% range for private money is nothing short of stellar.

At Commercial Capital Ltd., our commitment extends beyond closing loans; we strive to secure the best rates for our clients, ensuring their financial success. This success story not only highlights our ability to close complex deals but also emphasizes our knack for achieving competitive rates even in challenging circumstances.

As we continue to champion the financial goals of our clients, we invite you to explore the possibilities with Commercial Capital Ltd. We don't just close loans; we craft success stories. Join us on this journey, where your unique aspirations meet our unwavering commitment to excellence in commercial financing. Give me a CALL TODAY at 512-358-1511.

P.S. WE have money and we do not charge ANYTHING to get you to that term sheet. That's right, we are the ONLY NO-RISK OPTION IN COMMERCIAL. I will underwrite your loan and, quickly determine whether we can get it closed or not, and if so, we will have terms in 48 hours or less from receipt of the basic docs. No cost, no risk. We close you or we make NOTHING. IF YOUR CURRENT BANK IS SAYING NO OR WORSE...TAKING FOREVER TO DECIDE, GIVE ME A CALL TODAY. I will have you quick answers and, you'll be on your way to a closing-just call 512-358-1511 or get started by going here https://applycommercialloans.com/apply-now/

P.S. Approved Commercial Correspondent Lender | Helping with apartment loans, start-up loan, restaurant loan, hotel loan get the funding they need even if they have been declined by their bank.

Karen Schimpf

Commercial Capital, Ltd.

O: 512-358-1511

E: [email protected]

L: www.linkedin.com/in/karenschimpf/

B: http://bizloansconnections.com/

W: http://applycommercialloans.com

Unveil the intricacies of SBA loan collateral requirements with Commercial Capital LTD in our latest video. Join us as we navigate through the essential mandates set by the SBA, shedding light on the critical role collateral plays in securing these loans. Understand the criteria for collateral, which may extend to personal assets, including your primary residence and investment property. Discover the exceptions, such as the unique considerations for homestead states. Whether you're a business owner or investor, this video provides crucial insights into SBA loan collateralization, empowering you with knowledge for strategic financial decisions. Watch now and demystify the complexities of collateral in the world of SBA loans!

https://flic.kr/p/aFAQEv I had a great December closing eight (8) loans, amazingly, it was split down the middle with four (4) loans being SBA and four (4) loans being private money. Banks tightened last year and they have not opened up yet so SBA and Private Money are where much of the closings are happening. Here are some samples of the loans we closed last month…. $3.6 Million Private Money Purchase loan with a 9.5% Rate This was a cash-flowing property but an odd property as it was all duplexes on one deed. The borrower was solid, and the cash flow was there, but multiple lenders turned him down because of the type of property. Up against the gun, he came to us and we got him closed with the best-priced private money fund out there, a stellar 9.5% interest-only rate with one (1) point. I have gotten rates in the 8’s with this lender recently but this property made for a slightly higher rate. Still, with MOST PRIVATE MONEY AT 12% Or Higher, and the Prime Rate currently at 8.5%, a fixed interest-only rate in the 9’s for private money is STELLAR right now. We not only get the loans closed, we often do it at the best rate! Call Brian Peart today at 770-908-1672 or e-mail me at [email protected] $725,000 SBA Debt Consolidation Loan…with Credit Issues! The borrower was a Dentist who lost his license years ago from a malpractice situation. He since had gotten it back and his practice was making money again but it was a grind to get out of it and he had numerous credit issues. Still, we were able to find an SBA lender to do the deal and consolidate all his high-cost debt into one loan. It’s possible no one else in the country could have gotten that loan done. As an approved correspondent to 100 bank and non-bank lenders, we can simply do SBA deals that others can not. IF YOU HAVE BEEN DENIED ELSEWHERE ON AN SBA LOAN, DON’T GIVE UP! GIVE US A TRY. MOST of our SBA closings were deals that other banks denied. We are experts in SBA, both with or WITHOUT REAL ESTATE. Give us a try. You won’t regret it!!!! $648,000 Private Money Loan to bridge the gap until SBA could close We have two (2) private money funds in-house, one is what you typically think of as private money for low LTV, issues that make it hard for banks to do, etc. We have been getting very busy of late on that fund. The other one is a HIGH LTV bridge loan to an SBA or bank takeout. In this case, the deal came to me from a broker who had SBA approval but they needed more time to close and the seller would not extend if it didn't close in less than 3 weeks. So we took it in and got it funded FAST at the SAME 90% LTV THAT THE SBA WAS GIVING! Our exit will be a takeout by the SBA in 4 months. When it comes to commercial or business loans-we are the place to go. SBA, CONSTRUCTION, PRIVATE MONEY, GREAT BANK RATES, we have it all!

P.S. WE have money and we do not charge ANYTHING to get you to that term sheet. That's right, we are the ONLY NO-RISK OPTION IN COMMERCIAL. I will underwrite your loan and, quickly determine whether we can get it closed or not, and if so, we will have terms in 48 hours or less from receipt of the basic docs. No cost, no risk. We close you or we make NOTHING. IF YOUR CURRENT BANK IS SAYING NO OR WORSE...TAKING FOREVER TO DECIDE, GIVE ME A CALL TODAY. I will have you quick answers and, you'll be on your way to a closing-just call 512-358-1511 or get started by going here https://applycommercialloans.com/apply-now/

P.S. Approved Commercial Correspondent Lender | Helping with apartment loans, start-up loan, restaurant loan, hotel loan get the funding they need even if they have been declined by their bank.

Why Consider Seller Carry in Business Sales? Well, it turns out it's not just good for buyers – sellers benefit too! Let's take a closer look at why sellers are choosing this option and how it can be a win-win situation for everyone involved.

1. 1. Sell Faster and Easier: Sellers want their businesses to find new owners quickly. Seller Carry in SBA loans makes the buying process more appealing, helping sellers sell their businesses faster and with less hassle.

   2. More Buyers to Choose From: Not all buyers can get traditional loans easily. Seller Carry opens the door for more people to buy businesses. This means sellers have a better chance of finding the right buyer who shares their vision for the business.

   3. Better Deals in Negotiations: Including Seller Carry in the deal gives sellers an advantage in negotiations. It allows for more flexible terms, like interest rates and repayment plans, making the seller's business stand out in a competitive market.

   4. Steady Money Coming In: Sellers offering Seller Carry get a regular income from the interest on the loan. This helps sellers stay financially stable even after they've sold their businesses, which is pretty cool.

   5. Not Too Many Taxes Right Away: Sellers can get some tax benefits by spreading out when they get the money. Seller Carry can help sellers manage their taxes better, giving them more control over their money.

   6. Seller Carry Enhances SBA Loan Strengthens: By providing a loan through Seller Carry, sellers demonstrate to the lender their confidence in the business's prospective success and their commitment to assisting the buyer during the transition phase.

Sellers are liking Seller Carry in SBA loans because it makes selling their businesses easier, attracts more buyers, and comes with some pretty cool financial perks. By understanding these benefits, sellers can make smart choices, ensuring a win-win situation for everyone involved in the business sale.

Karen Schimpf

Commercial Capital, Ltd.

O: 512-358-1511

E: [email protected]

L: www.linkedin.com/in/karenschimpf/

B: http://bizloansconnections.com/

W: http://applycommercialloans.com

P.S. The Market is BUSY right now. Businesses are getting aggressive, borrowers are

getting active trying to buy property and the lead flow has really spiked over the last few weeks. This December was my strongest closing December EVER. It was mostly SBA and private money-quick closings and SBA Loans that had been denied elsewhere that came to us and got closed. If you absolutely, positively, have to close your loan, you should give me a call. And we often have the BEST RATES as well. Speed, follow up, closing certainty AND great rates. One call does it all-call me today at 512-354-5949 or start here by https://applycommercialloans.com/apply-now/