Expedient financing for commercial, residential, and fix n flip

[Miles Sisk]

We will connect you to the capital you need to make your project a reality.

We are commercial asset-based lenders

Our goal is to help ensure that you accomplish your project, we will find a way to fund your project. We work with a number of different loan programs and lenders to find the best match for your needs. Check out our programs:

1) Commercial Acquisition / Refinance
Loans from $250K - $2MM
Up to 80% LTV5/1 or 7/1 ARM / 20, 25, 30 yr Amortization
Requirements: 90 Days Rent Stabilized to 75% Occupancy
Ability to substantiate rents received for 90 days

FICO 680+: Rates from 6-8%, FICO 600-679: 9%+ (Loan Amount capping at $1MM)
DSCR: 1.2 or greater
2-week accelerated closing program, or in 30 days. 

2) Commercial Bridge
Loans from $1MM - $10MM
Up to 65% LTV, up to 50% LTV NO DOC
Rates: 8-12.99%
6-24 months Term
Asset Based
Requirements: Full Doc Underwriting for 65% LTV
No minimum FICO
As fast as 7 days to close

3) Commercial Value-Add Bridge
Loans from $1MM - $25MM
Up to 65% LTV, 80% LTC with Rehab
12-24 months Term
Value Add with Rehab Functions Similarly to Fix N Flip lending - rehab disbursed in draws
Requirements: Full Doc Underwriting
640 Minimum FICO
Scope of Work needs Contractor Bids
30-45 days closing

4) Fix N Flip - Residential Loans
From $250K-$2MM
90% Purchase/100% Rehab
8.5-12.0%
12 months Term
Rehab disbursed in draws, First Draw disbursed at Closing
Requirements: Property Underwriting
640 Minimum FICO
Corporate Docs, Scope of Work
No bank statements required
No sourcing or seasoning of down payment

Contact Miles Sisk for details and quotes.
[email protected]
971 350-9081
www.cableco.capital