Transcend Financial Solutions : wholesale loan programs

Commercial Loan Programs

Business owners, developers and investors benefit from TFS customized financing solutions. Transcend Financial provides competitive pricing, flexible terms and a streamlined process to help you get your loan completed quickly and efficiently.

________________________________________________________________________

Program Details

Property Types:

Apartments
Hospital
Gas Station
Restaurants
Medical Offices
Retail Centers

Office Buildings
Convenience Store
Industrial Complexes
Warehouses
Hotels/Motels
and many others

Hard Money Commercial ($1-$20 Million)

Our Commercial Hard Money Loans are ideal for non bankable transactions that need to close quickly and do not fit into our bridge loan lending criteria. TFS hard money loans are strictly collateral based loans. Our commercial hard money lending guidelines offer creative options such as cross collateralizing of assets, second mortgage positions, equity participation and the use of non-tangible assets as additional collateral. TFS Commercial Hard Money Loans and commercial bridge loans and are structured in a way to facilitate permanent financing or collateral disposition.

Our emphasis is on the property, story and exit strategy. If borrower has a weak credit score,
All deals are priced at 12-14% interest and 3-6 points based on the complexity of the deal

Commercial Bridge Loan ($1-$75 Million)

Often a commercial borrower needs a bridge loan to facilitate the financing of a property for a short period of time. A bridge loan is a specially designed form of financing that is used when a borrower is expecting to sell a property quickly or refinance it within the near future.

TFS offers bridge loans on a variety of commercial properties including apartments, retail, industrial, office, health care and mixed use. When a bridge loan is made, we look for an "exit strategy" to be certain that our borrowers have a plan to retire the loan through selling or refinancing the property. Bridge loans are usually offered for terms of 12-24 months and many can be refinanced into low cost, long term loans. Bridge loans are not only for shorter terms, but are also often needed to close quickly. Read More

Conventional Commercial ($750,000-$20 Million)

Core property types- multifamily, office, retail, storage/warehouse, light industrial, mixed-use and flagged hotels
FULL DOC ONLY

All programs are 30-year amortization with fixed periods of 5, 7, 10, or 30 years.

No lockouts

Mandatory Prepays from 5-10 years

Property must cash flow with minimum DSCR of 1.20

Rates vary from 5.50% to low 8% with variables such as property type, DSCR, Fico, fixed term, and other

All loans are fully amortizing

The borrower is responsible for all fixed upfront costs that the Company will incur to cover the appraisal.

Small Balance Commercial ($250,000-$3 Million)

Transcend Financial Solutions, LLC is not currently contracted or affiliated with any institutions offering the funding of small balance commercial real estate.