New York Commercial Hard and Private Money Loans

New York Commercial Hard Money Loans | Florida Private Investors

FAST, RESPONSIVE, EQUITY-DRIVEN ALTERNATIVE FINANCING. BASED ON EQUITY NO CREDIT.

Get Connected To Hard Money Direct Sources Now in Manhattan, The Bronx, Brooklyn, Long Island, and more. If you have exhausted your Commercial financing options and hit a roadblock let SCM approve your loan. As a business owner and self-employed borrower, we realize all the critical stresses on your business and how the need for capital can rise on a moment’s notice. When that time arises you need a private money source who understands issues with less-than-perfect credit, income verification issues, and the box request unique to your commercial business and industry. At SCM you can expect a responsive, understanding, compassionate, underwriter who is ready to help get the commercial financing you need based on the equity in your building. The New York commercial real estate market is making a steady recovery and those refinancing and purchase requests will be creating more stress and demand on banks who can’t handle the request. We fill the void where banks fail and allow good borrowers to use the equity and provide capital to their most valued asset, their business. SCM is a hard money portal connecting borrowers to unlimited sources of Hard Money Commercial Capital. Apply today for your New York Bridge and Collateral commercial hard money loan. Types of Properties our Hard Money Investors or Looking for in New York:

  • Mixed-Use Retail Centers
  • Multi Family Hotels
  • Apartments, Warehouse
  • Strip Centers, Self Storage
  • Office Complexes, Nightclub
  • Gas Stations, Offices, Condos, Commercial Land, & Light Industrial

Steps to Get Approved on your New York Commercial Hard Money and Private Money Loan:

  1. Fill out a quick loan application
  2. One of our Hard Money Investors will call you directly
  3. Our Underwriting will determine the value of your property
  4. You must show some ability to repay the loan
  5. You must submit leases and lease income
  6. Copy of your commercial survey and Profit and Lost Statement
  7. Articles of Incorporation
  8. 12 Months of Bank Statements
  9. Pictures of your Property
  10. If a Purchase, then a Purchase Contract

Basic terms for your New York Commercial Hard Money Loan:

  • Ltvs up to 65% of the value of your Building and Land
  • Same-Day to 48-hour approvals
  • Terms: 1/2/3/5/7 years
  • Rates 8% to 12%
  • Loans size 50k to 10 million
  • Some with prepayment some without
  • No pocket upfront fees
  • Brokers can make up to 2 points
  • Lite Documentation
  • Closing time up to 21 days, ideally 14 days or less based on a Clear title
  • Many times no appraisals, saving your clients thousands.

Once your loan is approved you can use the cash out for any reason, to expand your business, purchase more equipment, debt consolidation, payroll, pay off property taxes, purchase another building, or purchase inventory, and merchandise, you need liquid cash many times to secure new business and contracts. At SCM we have hundreds of our hard and private money investors living in New York who move quickly and understand the special needs of your city, town, and county and will give your deal the special attention it needs. When time is of the essence you can count on SCM to close your New York Deal. Call our New York Private Investor or fill out the 2-minute lead request today.

Get Started

Today

To get started, fill out this online form with your information. One of our team members will contact you shortly!

    (*) Name:

    (*) Email:

    (*) Phone:

    (*) Commercial Address:

    (*) Property Address:

    Loan Type:

    Your Message

    NOT SURE IF YOU QUALIFY?

    Check Out Our

    Commercial Loan Criteria

    Learn more about the various loan criteria we have for financing commercial purchase & refinance deals in your area.

    Sign Up for Our Newsletter