CoreVest is a private,
asset based lender for real estate investors.
Not exact matches
As new invoices are generated and inventory is received, a borrowing
base certificate is completed
for the
asset -
based lender to provide cash back to you.
Lenders with a solid foundation in factoring and
asset -
based lending products are a good fit
for this industry.
In many cases the borrower even prefers to stay with the
asset -
based lender at the end of the contract because the financial strength of their company is increased and the disciplined reporting allows
for a more fluent business model.
Lenders may offer both unsecured personal loans and
asset -
based secured loans, and the most frequently used collateral
for the second choice is a borrower's home equity.
A pre-approval letter is the real deal, a statement from a
lender that you qualify
for a specific mortgage amount
based on an underwriter's review of all of your financial information: credit report, pay stubs, bank statement, salary,
assets, and obligations.
The revised rules allow mortgage
lenders to calculate your income
based on your retirement
assets using a formula of multiplying your
assets by 70 percent to conservatively allow
for market volatility.
As a premier hard money
lender in Los Angeles, we specialize in providing
asset -
based commercial and residential mortgage loans to borrowers in the Southern California region, and also secure funds
for properties located in Arizona and Minnesota.
When you are ready to consult a
lender to find out if you can be approved
for a loan, the
lender will
base a decision on your credit profile, income,
assets, job history and debt - to - income ratio.
For example, many of these
lenders offer stated income, interest - only,
asset -
based qualification, recent negative credit events, and so on.
They are an
asset -
based lender with unique programs
for long - term hold and fix and flippers.
Acted
for a Crown Corporation, as
lender, in the $ 3.6 Million secured financing of an Ottawa -
based automobile retailer with
assets in Quebec and Ontario.
He has extensive experience representing
lenders, businesses, and real estate entities in a wide range of transactional and business matters including commercial and
asset -
based lending, floor plan lending
for the automobile industry, real estate financing, project and construction financing, bond financing, letters of credit, and loans
for Employee Stock Ownership Plans (ESOPs).
Bankruptcy & Restructuring: Kevin has over 25 years of experience in handling all aspects of bankruptcy matters
for various
lenders in connection with
asset based transactions, real estate matters and technology companies.
This panel of Canadian legal experts will review case rulings that have taken place in various Canadian jurisdictions over the past year and discuss their practical implications
for Factors and
Asset Based Lenders operating in the Canadian marketplace.
Also recommended is Chris Harvey, who regularly acts
for banks, building societies,
asset -
based lenders and accountants.
His experience includes single
lender, unitranche and syndicated facilities
for cash flow, secured,
asset -
based, acquisition, highly leveraged, factoring,...
Our Banking and Financial Services Group regularly structures, negotiates and completes complex transactions
for lenders and borrowers involving syndicated loans,
asset -
based financings, acquisition and project lending, real estate and personal property secured loans, and unsecured credit transactions.
Kelly Santini's Andrew Godfrey and Mike D'Aloisio acted
for a Crown Corporation, as
lender, in the $ 3.6 Million secured financing of an Ottawa -
based automobile retailer with
assets in Quebec and Ontario.
Sharon heads the finance litigation team acting
for leading receivable and
asset based lenders on a national
basis.
Key Highlights: • Orchestrated the cleaning and updating of the financial records of the company in preparation
for successful additional funding request through a new
asset based loan facility with a new
lender.
The potential
for new assignments within the distressed
asset arena has increased markedly as some
lenders are losing patience when negotiating a resolution with delinquent borrowers, says Marla Maloney, senior managing director and principal of St. Louis -
based Cassidy Turley.
Another company that sometimes targets acquiring directly from
lenders is the RADCO Cos., an Atlanta, Ga. -
based firm whose subsidiary RADCO Investments LLC targets residential and hospitality
assets for value - added and opportunistic returns.
There is still plenty of capital available
for deals, but
lenders are exercising discretion in favoring urban properties with a secure tenant
base, the Marcus & Millichap report notes, while exercising greater scrutiny and more conservative loan underwriting
for suburban office
assets.
Karlin Real Estate Lending (http://www.karlinre.com/index.html), a Los Angeles -
based Bridge
Lender backed by $ 1.5 billion in long - term equity capital, has deployed more than $ 200 million in senior and mezzanine financing
for the acquisition and refinancing of opportunistic and transitional real estate
assets throughout the United States.
In one example of a recent deal, a CMBS
lender completed fixed financing on an industrial
asset at 75 percent loan - to - value (LTV) ratio
for a 10 - year term, with 30 - year amortization, two years interest - only, with a spread of 180
basis points.
10M 75 2YYYYY Y YYY YYYYYYYYYYYY Private
Lender CA Arixa Capital, a leading relationship - based private lender, provides senior and mezzanine financing solutions for major commercial asset cl
Lender CA Arixa Capital, a leading relationship -
based private
lender, provides senior and mezzanine financing solutions for major commercial asset cl
lender, provides senior and mezzanine financing solutions
for major commercial
asset classes.
However,
asset based lenders exist with the purchase of 3 or more class B properties priced in the $ 75,000 to $ 100,000 bracket will usually qualify
for conventional financing.
Banks and institutional
lenders were unwilling to fund a loan to tear - down the existing house but Montegra, with its
asset -
based underwriting standards, was able to close the loan
for the borrower.
10M 75 YYYYY YY Y Y YY YYYY YYYYYYY Private
Lender CA Arixa Capital, a leading relationship - based private lender, provides senior and mezzanine financing solutions for major commercial asset cl
Lender CA Arixa Capital, a leading relationship -
based private
lender, provides senior and mezzanine financing solutions for major commercial asset cl
lender, provides senior and mezzanine financing solutions
for major commercial
asset classes.
5M 90 1.15 YY Y YYY Y YYY YYY Y YYY Bank NATIONWIDE 6th largest SBA
lender in the U.S. Celtic Bank offers SBA loans, CAPLines (
asset -
based lending) as well as equipment leasing
for small businesses nationwide.
Karlin Real Estate Lending, a Los Angeles -
based Bridge
Lender backed by $ 1.5 billion in long - term equity capital, has deployed more than $ 275 million in senior and mezzanine financing
for the acquisition and refinancing of opportunistic and transitional real estate
assets throughout the United States.