All Forum Posts by: Karen Schimpf

                                                                                                                         https://flic.kr/p/5Su9wi

Borrower owned a daycare in Las Vegas, NV.

She was an excellent operator with 700 a credit score.

She wanted to buy another daycare that she knew was being poorly run.

She was able to get the daycare for essentially free, just paying for the property of $750,000.

We could not move the SBA loan forward because she did not have two (2) years of tax returns. The borrower started her daycare in 2020 just before Covid hit. The business not only survived, but her 2021 and 2022 numbers were great. SHE DID NOT HAVE TIME TO FILE THE 2021 RETURNS AND CLOSE QUICKLY ENOUGH FOR THE SELLER. Hence, she needed bridge money. Enter…our fund.

The deal came in at the beginning of month and had to close by the 25th for the borrower to file for a necessary grant by the deadline of the 28th. We had to close in three (3) weeks. Since the take out loan was going to be an SBA loan, we were able to finance her bridge loan at the same high loan to a value of 85%! We were able to get her a bridge loan amount of $600,000.00 on a $750,000 real estate purchase.

We were able to close the loan fast and at a high loan to value because she had great credit, experience and good cash flow. Once she files her returns, it will be an easy refinance to SBA which I will facilitate for her. I underwrote the exit strategy and will help her with the refinance.

We got her loan closed in the three (3) week time frame. This borrower is expanding her business and because our payments are interest-only, she can afford the payment. Realtors win, the seller gets what they want and our borrower is happy and now hard at work building her daycare “empire”.

If you need to close fast on your SBA or conventional loan, give me a call at 512-358-1511 today or get started by filling out this form!

Karen Schimpf

(512) 358-1511

karen at applycommercialloans.com

www.ApplyCommercialLoans.com

Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!

Karen Schimpf

Commercial Capital, Ltd.

O: 512-358-1511

E: karen at ApplyCommercialLoans.com

www.linkedin.com/in/karenschimpf/

blog: http://bizloansconnections.com/

website: http://applycommercialloans.com

SBA Express Bolt! – Up to $150K Working Capital Loans in 2 weeks; ask for details

P.S. Our conventional commercial loans with JUST 15% DOWN are SMOKING HOT with rates STILL AROUND 4%! If you are looking to buy a building for your business, we now have a 100% SBA Loan! That’s right-NO MONEY DOWN! Now, this is only real estate, not business only, but if you are looking to buy a property, you can keep all your cash and still buy the building with this program - NO MONEY DOWN. WOW! Call me today on any of your commercial or business loan needs, we can usually get a pre-approval out to you in 72 hours unlike the local banks taking weeks. CALL TODAY at 512-358-1511 or get started by filling out this form

Commercial Real Estate Professionals
Please join us for our monthly commercial property exchange.
We meet every third Wednesday of the month to exchange property and buyer information.
Bring your flyers to pass out your information.

CLOSED TO VENDORS

Meeting Date:
Third Wednesday of Every Month
October 19, 2022 Time:8:30 - 10:00 am
Attend Physically @ KW Commercial
900 Quest PkwyCedar Park, TX

Attend via Zoom:
Please check your email after registering for the meeting id and password.
Please click on the link or copy and paste into the address bar.
https://us02web.zoom.us/meeting/register/tZEkc-CorjMrE9Y1m61Qe3Ub9SsUIULXwqKt
FYI, If the link is not working please try copying and pasting the link into your browser.

Agenda:
8:30 Breakfast and Networking
8:45 Breakfast Sponsor
8:55 Speaker
9:15 Have Wants Property Exchange
10:00 Event Ends

Speaker
Robert B. Daigh
Robert B. Daigh P.E. began his tenure as the Senior Director of Infrastructure for Williamson County in September of 2009. Prior to joining the County, Robert retired from the Texas Department of Transportation where he held a variety of positions through his career including Austin District Engineer, Deputy Director of TxDOT’s Turnpike Division, and the Director of Turnpike Planning and Development for the Turnpike Division. In these assignments, Robert was instrumental in the planning, design and construction of the $3.2 billion SH 130, SH 45 & LP1 toll system. Before joining TxDOT, Robert, for almost a decade designed structures in seismic and non-seismic areas around the globe for a Houston based consulting firm. Recognition received includes the 2003 Texas A&M Gibb Gilchrist award for “Outstanding service in highway engineering” and the 2005 Capital Area Council of Governments Jack Griesenbeck award for “Leadership in Regionalism”. Robert is a 1977 civil engineering graduate of the University of Texas at Austin and was inducted into the UT Civil, Architectural and Environmental Engineering Academy of Distinguished Alumni in 2018.

Breakfast Sponsor
Andrew Seals​Vice President ‑ Commercial Lender
VeraBank, N.A.
P: 512-259-1455 EXT. 8603 | 877-566-2621
M: 512-592-9080
E: [email protected] |
W: verabank.com
A: 1695 South Highway 183, Leander, TX 78641

Realtor Property ListingsPlease email Karen at ApplyCommercialLoans.com, your pdf, of the properties you want to show,
by no later than Tuesday afternoon.

Please RSVPKaren SchimpfCommercial Capital, LTD
www.ApplyCommercialLoans.com
512-354-5949
karen at applycommercialloans.com

Banks are beginning to get a little nervous, I know this because our volume of new deal flow has doubled in the last week. Whenever I get super busy, the banks are getting a little nervous. We are still AGGRESSIVELY lending, check out some of our HOT products below…..

Property type: Multifamily, mixed-use, commercial, land, investment single-family residences (SFRs’), 2 to 4 units, mobile home parks (MHP’s), RV parks, and hotels.

Market: Nationwide

Minimum loan size $350,000.00 dollars (Different products can go as low as $250K)

Maximum loan size $10ML

Types of loans Perm loans Bridge to stabilization loans Bridge to construction loans Stretch-bridge (for higher LTV loans) A/B participation Note on note Lender Finance Senior Mezz (1st TD with senior mezz) Construction loans (minimum $5.0MM) $3 Million-15 Million Mezzanine loans on Construction deals to 85% CLTV

Lending Highlights Value-add plays (negative cash flow! DCR at or below 1.0X on actuals) Foreign nationals Single room occupancy (SRO) Co-living Airbnb (seasonal/vacation rentals) Land Student Housing Master metered Vacant properties (properties with no operating history) Broken condos Investment homes (Single Family Residences)

Besides the above, we are still doing SBA loans, we have our own private money, bank statement loans, and more. If the deal makes sense, WE CAN GET IT DONE! It costs nothing to call us and run a deal by us.

Call Karen at 512-358-1511 today or get started by filling out this form!

Karen Schimpf

Commercial Capital LTD.

(512)-359-358-1511

karenschimpf at gmail.com

www.ApplyCommercialLoans.com

SBA ExpressBolt! – Working Capital loan in 2 weeks; ask for details

Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!

P.S. REFINANCE YOUR SBA 7A LOAN INTO A FIXED RATE 504 LOAN AND SAVE THOUSANDS! The SBA 7A loan is generally an adjustable loan that is tied to Prime. As the Prime has shot up this year due to the Fed raising rates, the SBA 7A loan is shooting up as well. Most borrowers will start paying an interest rate in the 8’s on their SBA 7A loan starting next month. But EVEN NOW, We can refinance that loan into a blended FIXED rate in the 5’s…that is huge on a Million dollar loan. This is only available for Real Estate-backed deals, but the savings are HUGE at this time. To find out if you qualify for FREE and see how much you can save, call me today at 512-358-1511 or get started by filling out this form started by filling out this form

Come to Us to Get Your Working Capital Loan Closed!

Many of today’s small business owners use their cash on-hand to reinvest in their day-to-day operations. With a working capital loan from Commercial Capital, you can have extra cash to do even more. Business need money. Period. I have never seen a business go out of business because they had too much money. There is a constant need in small businesses for cash. WE HAVE SOME AMAZING sources of cash available to small businesses and I want to share just a few of them.

SBA

Up to $150,000.00 dollars working capital – Close in 2 weeks. For businesses 2 years old, has 680+ credit score, 30% of gross revenue up to $150,000.00 dollars.

Start Up Non-SBA Money

This is for existing and newer businesses! Any business less than 2 years old is considered a start-up by most banks. It is VERY tough to get money. We have non-SBA business only money available with rates starting as low as 7.99% to 14.99% for businesses that just need some cash up to $300,000. dollars. These are NOT merchant accounts receivable loans. The term loans are either 5 or 7 years. The loans is based on your credit card score 680 or higher, income of $50K or higher in the last two years and loan debt ratio.

Unsecured Business Lines of Credit

For businesses over 2 years old, business registered in the state, the owner has good credit of 700, we can get UNSECURED business lines up to $150,000. Rates range between 5.49% to 14.49%. These are not credit cards, these are the old school lines of credit with a checkbook. We have access to that money!

Call Karen at 512-358-1511 today or get started by filling out this form!

Karen Schimpf

Commercial Capital Ltd.

(512)-359-358-1511

www.ApplyCommercialLoans.com

SBA Express Bolt! – Up to $150K Working Capital Loans in 2 weeks; ask for details

P.S. I specialize helping Business Owners and Investors find commercial loan solutions. Already been denied? No problem, 80% of people that have previously been denied have received funding that they had no idea they could get. I BRING COMMERCIAL MONEY FROM AROUND THE COUNTRY TO LOCAL MARKETPLACES ENSURING THE MOST LIKELIHOOD OF CLOSING. The key is placing the borrower with the lender that most suits that borrower’s strengths.Give me a call today so you can get your loan closed at O:512-358-1511

Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!

https://flic.kr/p/SCbA2s

The quality and quantity of the deals I have been getting have been amazing and it is mostly growth-start-up franchises, and strong businesses buying buildings expanding. There is strength out there and the rise in rates is not stopping that in the commercial world the way it has affected residential. This means, for the first time that I can ever remember, commercial mortgage rates are close to residential mortgage rates.

Don’t know if it will last for long, but it is definitely still a good market in commercial. We are very busy. I hear from Realtors that the residential market is still busy despite the rate increases. My neighbor put his home up for sale last week and had 8 showings over the weekend and 6 offers. So the market is still strong despite the rates.

The reason the residential rates went up so much is that the SPREADS increased as well as the interest rate. So the 10-year treasury, which is the key benchmark, has gone up over 1% in the last month or so. Yet, mortgage rates went up even more. The reason is the spread, the buyers of the mortgage-backed securities, seeing an aggressive Federal Reserve and a lot of potential disruptions, are requiring a higher spread to compensate for the perceived risk going forward. This is interesting to keep in mind. The big money is assuming continued rate increases and continued volatility and risk.

I don’t believe in a “one size fits all” investment strategy. Each person is different. But a lot of money, big money, is looking for a place to deploy it. Commercial Real Estate gives a nice hedge…inflation should be good for fixed assets and businesses are still doing well financially. Having a solid fixed real asset underneath. Not a bad play. If you are looking to buy or pull cash out, give me a call. I can do a pre-approval for the buyer OR the seller. And it is FREE! Call Karen at 512-358-1511 today or get started by filling out this form!

Karen Schimpf

Commercial Capital Ltd.

(512)-359-358-1511

karenschimpf at gmail.com

www.ApplyCommercialLoans.com

SBA Express Bolt! – Working Capital Loans in 2 weeks; ask for details

P.S. OUR NEW PRIVATE FUND IS OUT. IF you have an SBA loan or a
conventional loan that is in danger of dying because the bank is not
going to get it closed in time, GIVE ME A CALL. We can close that on our
private fund with as little as 7% all-in cost! WE CAN EVEN GO TO 90%
LTV!

Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!

 
https://flic.kr/p/S6M83A

Come to Us to Get Your Working Capital Loan Closed!
Many  of today’s small business owners use their cash on-hand to reinvest in their day-to-day operations. With a working capital loan from Commercial Capital, you can have extra cash to do even more. Business need money. Period. I have never seen a business go out of business because they had too much money. There is a constant need in small businesses for cash. WE HAVE SOME AMAZING sources of cash available to small businesses and I want to share just a few of them.


SBA
Up  to $150,000.00 dollars working capital – Close in 2 weeks. For businesses 2 years old, has 680+ credit score, 30% of gross revenue up to $150,000.00 dollars.  Close in two weeks.

Start Up Non-SBA Money
This is for existing and newer businesses! Any business less than 2 years old is considered a start-up by most banks. It is VERY tough to get money. We have non-SBA business only money available with rates starting as low as 7.99% to 14.99% for businesses that just need some cash up to $300,000. dollars. These are NOT merchant accounts receivable loans. The term loans are either 5 or 7 years. The loans is based on your credit card score 680 or higher, income of $50K or higher in the last two years and loan debt ratio.

Unsecured Business Lines of Credit
For businesses over 2 years old, business registered in the state, the owner has good credit of 700, we can get UNSECURED business lines up to $150,000. Rates range between 5.49% to 14.49%. These are not credit cards, these are the old school lines of credit with a checkbook. We have access to that money!

Call Karen at 512-358-1511 today or get started by filling out this form!

Karen Schimpf
Commercial Capital LTD
(512)-359-358-1511
karenschimpf at gmail.com
www.ApplyCommercialLoans.com

SBA Express Bolt! – Loans in 2 weeks; ask for details

Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!

P.S. OUR

call at 512-358-1511 or get started by filling out this form started by filling out this form

Both of my boys are back in school.  My oldest is a Sophomore in College. My youngest is a Senior in high school. When I think about the past,  I remember when my youngest, would tell me he…”woved me” and that ” he was going to marry me when he grew up”. He could not pronounce his L’s. I told him he couldn’t marry his mommy. I miss those days, it went fast! I am proud of both of my young men.  Both are studying, working at a part time job, working out , and being with a large group of great friends…I barely get to spend time with either young man. As parents, we rejoice in the growth, but there is definitely a part that misses the past. Really, we all have moments where we remember a past event, and think, “wow I miss that”.  There is nothing wrong with that as long as we don’t dwell on the past. Because in the end, we must move forward. Must continue to be used, useful and living life to the full. Good and bad stuff happens at the same time to ALL people at ALL times. Focus on the good, but embrace the road in front of you. You are still here-you still have a purpose and are part of a plan. Enjoy the moments, cherish them, and then get back to the task at hand.

Commercial Private Money

Today, I want to remind you of our new commercial private money fund. We will do commercial loans, backed by real estate up to 90% for strong cash-flowing businesses or properties. We can close in three (3) weeks or less, and you can get closed, and get refinanced out in four (4) months with a total all-in of only 7%!!! Not bad for quick private money!

Now, this is NOT a stated income loan or a loan for bad credit or land or properties/buyers with issues. That is our original low LTV fund which we still are closing loans with at least two (2) this month. If you have a small, under $2 Million dollar tricky deal with some hair, that fund is still available-call me. THIS NEW FUND IS A FULL DOC LOAN. The key is the exit strategy, I will underwrite the exit strategy, if I know I can refinance it out, and if I believe in the exit strategy, I will do the loan. No long-drawn-out approvals, we will have commitment letters in 72 hours upon receipt of the documents.

Fast approvals, fast closings, reasonable rates. Why not give us a call and run your deal by us?  Don’t miss out on opportunities because of bank delays-let me get you closed ASAP and reap the benefits that still can be found in commercial real estate deals. To run a scenario by me, simply call me at 512-358-1511 today or get started by filling out this form! 

Karen Schimpf 

Commercial Capital Ltd.

(512)-359-358-1511

karenschimpf at gmail.com 

 www.ApplyCommercialLoans.com   

P.S. We are financing a lot of business that are needing working capital below $350,000.00 dollars.  If you need working capital give me a call today call at 512-358-1511 or get started by filling out this form started by filling out this form