Sources of Financing
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Sources of Financing

Position One, Inc. (770-948-4545) provides loans from $500,000 to $30 million nationwide with interest rates ranging from 7% to 12% and with a maximum LTV of 75%. The loans have a one to three-year balloon date.

Sage Capital (508-366-2260) offers bridge loans, development loans and investor loans, as well as rehab and condo conversions throughout CT, MA, NH and RI.

Alford, Marsh & Associates (803-865-4010) offers all types of commercial loans from $250,000 to $25 million. Programs include acquisitions, foreclosure workouts, bankruptcy, partner and lease buyouts, mortgage acquisitions, rehab/conversion opportunities, discounted mortgage buybacks, real estate tax lien payoffs and vacant building financing.

GMAC Commercial Mortgage Corp. (215-328-3842) provided a forward commitment of $3.5 million in permanent, fixed-rate financing for a 15,092 sq.ft. Office Depot site located on Spring Street in Atlanta, GA.

Aiken Financial (770-912-7433) offers commercial funding from $1 million and up. The company offers pre-established lines of credit for businesses needing to increase their credit scores.