Commercial Loans
Commercial loans are loans that are collateralized by a commercial building or other business real estate. The borrower may be a partnership, incorporated business or limited entity.
MBMC has established relationships with private as well as commercial lenders that will lend from $250,000 to $100,000,000. Most of the lenders will lend for acquisition as well as cash out refi. In most cases these loans are non-recourse loans that in the event of default in payment the lender can only seize the collateral.
In most instances the loan is supplemented by a general obligation of the borrower or a personal guarantee from the owner(s). Turn around time for a response from a commercial lender can be in as little as 5 days.
LET MBMC HELP GET THE CAPITAL YOU NEED.