Commercial Mortgage, Stated

EASY CASH - STATED COMMERCIAL MORTGAGE - BUY OR CASH OUT REFINANCE

Program provides commercial financing to those who are under served by traditional lenders
- Difficulty in providing documentation - WE DO NOT NEED TAXES
- Faster service - CLOSE IN 30 DAYS
- Under bank's minimum loan amount - AS LOW AS $100,000
- Significant cash out - UP TO 85% LTV AND NOT RESTRICTED
- Transactions with subordinate debt - UP 90% CLTV SELLER CARRY
- Balloon notes due - NO BALLOON PAYMENTS WITH OUR PROGRAM
- Property type - WIDE RANGE OF PROPERTY TYPES

Do you have a property types that you banker is not friendly to? Consider Stated Income/ Stated Asset Financing

Do you own a restaurant that's always busy? Maybe you own an auto-repair shop that has its bays full with work and your crew is putting in long hours?

These type of successful business are popular in the public and the services are available almost everywhere. Your customers know you are dependable and that your business is successful. You banker also know of your success because he sees all of your bank deposits. However, when it comes to looking for financing, restaurants and car-repair shops are on the "least popular" list for traditional banks and lenders.

It can be hard to secure loans for a small business like yours. Most traditional lenders are skeptical of approving loans to such enterprises and consider them high-risk. Funding unique properties becomes even more complicated if there is insufficient income documentation or if the you, the borrower, are self-employed.

These lending barriers can fall to the wayside, however, when you pursue our Stated Income/Stated Asset mortgages. A lender that offers stated loans typically does not require income verification or tax returns. If you can't meet the documentation demands and financial-reporting covenants of a bank, they may prefer the streamlined process of Stated Income/Stated Asset programs.

Let's look at some of the ways Stated Income/Stated Asset financing can provide funding for your small business.

Many auto shops perform body-repair and painting tasks that may create an environmental impact that must be managed carefully. Traditional lenders frequently view these property types as too problematic. They deny the loan requests outright.

If they do consider the loan, they may require time-consuming and expensive environmental reports. In fact, banks commonly charge small-business people for the full cost of these reports, even if they won't offer funding.

In contrast, we can help an auto-repair specialist secure a Stated Income/Stated Asset loan with fewer restrictions. For example, our lenders will typically consider environmentally sensitive property types after the completion of an environmental questionnaire.

An insurance company then reviews the information on the questionnaire to determine if the property poses an environmental risk. The cost of the premium varies depending on the loan amount and property type. The expenses involved, however, are substantially less than those involved in the reports that traditional lenders require. By using this screening process, nontraditional lenders often can finance riskier properties that many traditional lenders would not consider.

Traditional lenders are less likely to finance restaurants because of concerns about high rates of business failure, as well as your need to finance equipment.

One "solution" they commonly impose is to offer only short-term financing -- three to five years. In fact, short-term commitments may contribute to driving high failure rates for restaurants.

Alternatively, Stated Income/Stated Asset lenders are more likely to offer financing for a wide range of food-service properties. They generally offer loans that span 15 to 30 years.

Property types that can benefit from this financing:

Mixed-Use/Apartment

These properties integrate residential spaces with commercial uses, such as retail or office space. They frequently have ground-floor retail stores or offices with apartments above.

Self-storage

One of the most-competitive building classes in the country, this kind of facility is designed primarily for storage. It includes cold-storage, recreational-vehicle and boat-storage facilities and transit facilities.

Warehouses/Light Industrial

These properties are single and multi-tenant facilities used for light manufacturing, distribution, research and development.

Special-Purpose

This includes educational facilities, funeral homes, campgrounds, mobile home parks and marinas.

Health Care

Included in this category are all assisted-living operations in which a license is required to operate.

YOU CAN SAVE OVER $100,000 IN 5 YEARS

How can stated programs save me money if the interest rate tends to be higher than a fully documented loan?

Stated versus Documented Programs Example:

Documentation:	Full Documentation (traditional)	Stated - (Aquila)
Interest Rate:	6.5%	8.5%
Loan Amount:	$300,000	$300,000
Income:	$100,000 Taxes	$100,000 Stated
Payment:	$2,613	$2,954
Proof of Income and Assets:	Taxes, P&L, 4506T	No proof (can even have a loss)
Cost Basis:	$27,000 (Federal, State, Local etc.)	Annual savings up to $23,000 a year
Quarterly Audits:	Yes	No

DOES NOT VERIFY INCOME OR REQUIRE PERSONAL TAX RETURNS

Like most small business and commercial property owners, you assume that a bank is the only place to go when your business needs cash. And, like others, you may already have experienced the frustration of all the red tape involved with applying for a bank loan. That is why you should check out the fast, easy, most flexible way to apply, and get approved for, a small business commercial property loan.

IT IS THE THREE EASY STEPS WAY TO GET AHEAD, NOT HELD BACK

Pre-approval is fast!

When you need ready cash with a small commercial loan, time-consuming bank processes - with their loan committee bottlenecks and endless paperwork - can wind up leaving you out in the cold. That is why the loan program is uniquely set up to do things a bank simply cannot, such as turn your pre-approval around fast - in as few as 73 hours.

YOU CAN USE THE CASH FOR ANYTHING YOU WANT

Purchase

Refinance

Consolidate Debt

Renovate

Expand

Buy Inventory

STATED PROGRAMS ARE FLEXIBLE TO MEET YOUR NEEDS

Unlike many traditional lenders and bank programs, The EasyCash Loan Program is a stated income/stated asset program. This means that the "full document" loan program paperwork just in not required. It also means more flexibility and faster turnaround times.

SOME HIGHLIGHTS FOR STATED COMMERCIAL MORTGAGE PROGRAM

No tax returns required

No income verification

Unrestricted cash-out

Loan amounts under $1,000,000

Secured on commercial properties

Like Multifamily, Mixed Use, Warehouse, Office, Retail, Industrial, Automotive, Special Use and More

Several options for affordable payments

Automatic payment options

No more writing checks

APPLYING IS AS EASY AS A PHONE CALL

With this loan program, you do not have to hassle with submitting endless paperwork to apply for a loan. Applying is a breeze with our ultra-simple three-step loan process.

Step 1
Begin the process simply by calling, 720-253-3854, we will guide you through, step by step.

Step 2
We will work with a team of specialists, arrange your property appraisal, and structure a loan that works for you.

Step 3
We will arrange a convenient time and place for your closing.

MOVE AHEAD IN BUSINESS, DO NOT GET HELD BACK

Only uses your commercial property as collateral

Unrestricted cash out, get cash to purchase, renovate, refinance, expand, consolidate debt, buy inventory

Flexible "common sense" underwriting

Includes unique property types

No balloons, we have fully amortizing loans

Quick closings, most qualified applicants get their cash in under 60 days

Loan amounts up to $1,000,000

Several options for affordable payments, Automatic payment options

STATED COMMERCIAL MORTGAGES