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Loan Programs
Full Doc Program
Full Documentation, depending on the program you choose and the type of property/business
we are financing, could mean providing business and personal tax returns, personal
financial statement, business financial statement including profit & loss (most
recent YTD). This will get you the best rate possible at the highest loan
amount financed with the longest term because it is a more financially secured loan
with less risk. Our mortgage professionals will collect and process financial data to make your borrowing experience stress free and easy.
- Non Recourse Loans available
- Borrower’s Income/Property and/or Business Income to qualify
- SBA Loans available
- Fannie Mae products available
- Unrestricted cash-out
- Secured on commercial properties
- Several affordable payment options
- Automatic payment options - no more writing checks
- Fixed or adjustable rates
- Up to 30-year amortization
- Loans to corporations, partnerships, and trusts are okay
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Loan Purposes |
Commercial loans for purchases, refinancing, development and construction, and business
acquisitions |
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Loan Size |
$250,000 - $40,000,000 |
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Term |
Up to 30 years (several different programs to choose from) |
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Loan to Value |
Up to 90% -call for more info
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Eligible Properties |
Multi family (5+ units), mixed use, retail, office, office condo, warehouse, automotive,
car wash, self storage, mobile home parks, rooming house, bed & breakfast, campgrounds,
dry cleaners, laundromats, gas stations, hotel/ motels, funeral homes, assisted
care facilities, restaurants |
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Closing Time |
30-45 business days
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Rate & Fees |
Depends on property type, loan terms and credit
-call for a quote |
-Apply On-Line
Church Financing Program
Several reasons traditional Banks do not like financing Churches. First and foremost,
there are no personal guarantees to insure the Bank getting their monthly payment.
Church’s income is based solely on membership contributions.
Second reason is the
ability to sell a building that was designed for a place of Worship with stained
glass and steeple. Answer: M-ROC Funding Group has the ability to get your Church
financed. Give us a call
today.
- Non recourse loan
- Fixed rates
- 20 to 25-year amortization
- Loan amount based on 4x the yearly Plate collected
- 3 years financials, Quick Books/GAP excepted
- YTD no older than 60 days
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Loan Purposes |
Commercial real estate loans for purchases, refinancing and cash out |
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Loan Size |
$500,000 –$15,000,000 |
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Term |
5 to 10 years |
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Loan to Value |
Up to 80% -call for more info |
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Eligible Properties |
Traditional Churches |
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Closing Time |
14-30 business days |
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Rate & Fees |
Depends on loan size (appraisal cost), call for quote |
-Apply On-Line
Equity, Hard Money, Bridge Loan Program
Whether there are credit issues, past bankruptcies, you need quick money to finish
a project, or an investment opportunity came up and short on dollars, M-ROC Funding
Group has the right Private Investor for your needs. Rates and fees, depending on
the deal, can be high but so is the risk. This type of financing is short term but
will provide the time you need to get your affairs in order to arrange permanent
financing or finish a project for a sell out. We will build the Bridge for you to
cross over and succeed.
- No property seasoning required
- No income requirements
- Unrestricted cash-out
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Foreclosure bailouts
- Cross collateralization-multiple property loan
- Multiple
borrowers
- Secured by real estate and other fixed or liquid assets.
- Interest
only loans
- Very quick closing
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Loan Purposes |
Commercial real estate purchases, development & construction, cash out, bankruptcies
& foreclosures |
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Loan Size |
$500,000 - $40,000,000 |
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Term |
6 months to 5 years |
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Loan to Value |
Up to 75% -call for more info |
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Eligible Properties |
All properties considered, including raw land |
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Closing Time |
5-14 business days |
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Rate & Fees |
Depends on property type and loan structure, call for quote |
-Apply On-Line
Cash Flow Financing Program
Is too much of your money tied up in 30 to 60 day terms to your customers while
at the same time, labor, packaging and shipping costs all have to be met?
Under these conditions, most businesses can only grow by frugal management of their
cash flow. Unfortunately such constrictions will only take your business so far.
With our cash flow funding solutions we can convert your outstanding receivables
and future collections into cash, right now.
The Problem
You're making the sales but your cash is not flowing smoothly in your business.
You need access to a flexible source of funds so that you can put your plans in
motion and grow your business, but your current funding arrangements aren't keeping
pace with your requirements.
The Solution
Our Financial Services are specialists in improving cash flow. Our range of cash
flow funding solutions are designed to assist you in gaining access to a flexible
source of funds that matches your businesses requirements.
We can improve your cash flow in many ways:
- Account Receivables Financing
Financing your receivables is a rapid way of acquiring working capital by selling
your invoice for products or services rendered. You receive quick payment
following invoicing allowing you the psychological advantage to focus on the success
of your business instead of worrying about your cash flow. -more-
- Export Finance
Our export receivables finance service offers you a complete package to help you
develop your overseas business profitably and with confidence taking the headache
out of dealing with differences in laws, customs and language. -more-
- Purchase Order Finance
What if your supplier wants you to pay cash on delivery and your buyer wants to
pay you net 30 to 60 days? Your cash flow becomes limited during the manufacturing
and shipping phases.
Our purchase order finance service exists to make your deals not only possible,
but profitable. We can provide direct funding to suppliers, letters of credit
or supplier guarantees. -more-
Accounts Receivables
We understand how frustrating it is when your working capital is tied-up in unpaid
invoices for over 30-60-90 days. Satisfying vendors, ordering additional material,
trade obligations or even meeting payroll are all challenging tasks without steady
cash flow.
Whatever business you’re in, whether you're dealing in the U.S. or overseas, you
want your cash to work hard for you. Cash to help bring your business plans to life;
maximize on new opportunities; invest in new equipment or simply meeting payroll
and payroll tax obligations.
Here is how it works:
- Account Receivable Funding boosts your cash flow by providing an immediate advance
of cash into your business against the value of your outstanding invoices
- When you raise an invoice, we can release up to 90% of the value of that invoice
within 24 hours with the remaining 10% being paid to you, less a small service fee,
once we receive payment from your customer
- Your business has access to ongoing cash flow funding linked to your sales so as
your business grows so does the amount of funding available to you
- We save you valuable management time by preparing statements, communicating with
your customers, collecting payments for you and maintaining professional and detailed
accounts of your transactions -this saved time can be spent driving business forward
- You remain in control by working with a dedicated team who ensure your customers
are as happy to deal with us as they are with you
- By working with a Receivables Funder, it means that as well as a significant reduction
in debtor days and improvement in cash flow, valuable management time can be spent
driving business forward
- By making use of a receivables funding facility you can benefit from improved profitability
by taking advantage of discounts on bulk purchases and early payments with your
suppliers
Our Factoring service provides a flexible supply of working capital giving you the
time to realize your plans.
-Apply
On-Line
Export Receivable Financing
Here is how it works:
- Being able to offer attractive payment terms is often required to make a sale in
competitive export markets. Our Export Finance service provides immediate
cash flow for your business (against the value of your outstanding export invoices)
and an ongoing supply of working capital
- Export sales invoices and credit memos are sent to Financial Services. We
will then turn up to 80% of the value of those unpaid invoices into cash within
24 hours. The remaining 20%, less a small service fee, will be paid once your customer
pays
- Your business has access to a source of funding, which grows in line with your export
sales
- We will prepare and send out statements, telephone your overseas customers and communicate
with them in their language
- With our Export Finance service we can save you valuable management time by chasing
and collecting outstanding invoice payment from your overseas customers and manage
any currency issues
- We offer multi currency facilities to help smooth out problems of fluctuating exchange
rates
- We have overseas bank accounts for fast, low cost receipt of payment
- With our Export Finance service you remain in control by working with a dedicated
team of people who ensure your customers are as happy to deal with us as they are
with you
-Apply On-Line
Purchase Order Financing
Purchase Order Finance is short term financial solution used to finance the purchase
or manufacture of specific goods that have been pre-sold by the client to its credit
worthy end customer. Funding involves issuing letters of credit or providing funds
that allow clients to secure the inventory they need to fulfill pending orders.
Here is how it works:
Some suppliers want you to pay cash on delivery whilst your customer wants to pay
you net 30 to 60 days. Meanwhile, labor, packaging and shipping costs all
have to be met. Our purchase order finance service (PO Finance) exists to
make your deals not only possible, but profitable.
You have a confirmed order from a creditworthy customer but lack the cash to fulfill
it. We can advance up to 80% of the confirmed purchase cost to your supplier.
We pay your supplier or open a letter of credit. You deliver the goods and we invoice
your customer. We collect the invoice payment from your customer and pay you the
balance between the order value and the amount paid to your supplier, minus our
fees and cost of money used, once payment has been received.
This Purchase Order Finance facility can complement an Account Receivable Funding
facility.
You want additional funding to finance single or multiple transactions with creditworthy
customers. Then our Receivables Funding Facility is the best solution.
You deliver the goods to your customer obtaining proof of delivery and acceptance
of the goods. You invoice us for the goods at an agreed discount and we advance
you up to 85% of the value of your invoice. We invoice your buyer for the
full amount and collect payment according to your agreed terms. We pay you
the balance less our administration fees and cost of money used, once payment has
been received.
Note: Can advance 75 % for Overseas, 80 % for Domestic and 90%
for trucking & staffing businesses.
-Apply
On-Line
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