TFS, LLC enhances their Acquisition and Development Programs.
At a time when it is becoming more difficult to secure Wholesale Loans for large Commercial Construction projects, Transcend Financial Solutions, LLC has been able to increase their number of funding sources as a means to offset the lack of funds in the Commercial Lending Industry.
Financing options for developers who are unable to obtain traditional Bank Financing are finding their options limited to Hard Money, Bridge, Mezzanine, Joint Venture (JV), etc. None of these options are ideal for a developer who has an extremely viable project. They normally would avoid paying the exorbitant rates and fees of Hard Money, and would prefer not to give away a portion of equity as would be required by a Mezzanine Loan or Joint Venture.
Most Developers of these larger projects have substantial time and money invested. Many already own the land and are in the entitlement or pre-construction phase. It’s not uncommon for them to have one to two year’s worth of work and millions of Dollars invested. For them, acquiring Debt Financing for 100% of the construction costs would be ideal. Transcend Financial Solutions, LLC can help secure up to 80% of the completed value of the project. This usually works out to be enough to finance the remaining land acquisition, entire cost of construction, and even any applicable fees.
Transcend Financial Solutions, LLC can facilitate funding of loan amounts up to hundreds of millions of dollars nationwide and in select international locations. Some types of Development projects include mixed use, office, retail, residential, sports complexes, restaurants, entertainment, etc. Most projects can be funded with favorable terms and no upfront due diligence fees.
Contact:
Transcend Financial Solutions, LLC
Scott L. MacDonald
Sr. Account Executive
602-684-2496(direct)
602-445-4950(fax)
Scott@transcendfinancial.net
www.TranscendFinancial.net
