Project and Business Funding
Stabilized Commercial Property - New Purchase or Refinance Program
This well-established program is currently open for new applications!
Commercial buildings, multi-family, mixed-use, etc. that are stabilized
$2m minimum value and no maximum
Rates for Refi and/or Purchase are in the 4% range
Note: Deals are taking from 120-180 days to close due to popularity.
Initial Information Needed:
Date and amount of original purchase
Property type, address, # of units
Rent rolls / Lease rolls
Last 2 years of financials
Property owner FICO, net worth, and liquidity
Note: Once we receive this information, we will work towards terms and conditions and ultimately a close date!
No upfront fees!
Project Funding Available For:
Real Estate Projects
Construction
Development
Purchases and more
Structured loans with as little as 10% down (of project need)
Typically looking for projects of $2.5 mm and more. Smaller will be reviewed
We are pleased to offer funding options that are for new construction, development, and more.
The structure and delivery of our loan is FINRA regulated, providing the utmost in transparency to fund your project.
Current Rates are: 7.35 - 7.65%
Loan Term: Ranges from 12 - 36 months (can be customized as needed)
No pre payment penalties.
Interest Only payments on funds withdrawn based on the draw schedule.
Deposited funds are placed with our US Based IOLTA Escrow Attorney
Client will receive a draft copy of the escrow agreement, including the attorney's complete credentials, contact info, etc.
Quick Closes - We move at the speed of our client!
Typically 30-45 days for the first draw (We structure around the draw schedule).
Loans are Non-Recourse.
To Engage We'll Need the Following:
Simple Exec Summary of the Project.
Clear Ask for the Total Needed.
Draw Schedule (can be a first draft if needed).
Client Experience With This Type of Project.
GC credentials, etc.
We will go through the details and then provide a full and complete term sheet for review and engagement.
Once the client has signed the Term Sheet, all loan docs will be prepared within 7-10 business days (sooner if required). The client will then be required to sign and execute the docs, deposit their funds, and BMC will then close up the loan and fund per the agreed upon draw schedule.
We Also Offer The Following Funding Options:
Debt Financing For Existing.
Real Estate Funding.
Business Funding.
SBA Loans.
ERC Loans.
Equipment Loans.
Credit Lines/Lines of Credit.
Account Receivable Financing.
Purchase Order Financing.
Retirement Account Financing.
Securities Financing.
Contact Me For More Details!
We are looking forward to working with you!
CONTACT US!
+1 470-499-9250
We are Licensed, Insured, and GWWCC Certified.
We offer our services to all of the City of Atlanta, and it's surrounding Cities within a 60 mile radius.