|
Facing a cash crunch and less than perfect credit, this shopping center owner used a short-term loan from Great Oak Capital to pay off his existing mortgage and other business debts. After catching up on his debts, his credit score shot up almost 100 points and he qualified for traditional long-term financing. |
|
Opportunity knocked for our client. A neighboring apartment building owner offered the “deal of a lifetime” if our client could purchase the neighbor’s building within 14 days. His bank couldn’t act in time, but we closed this loan in three days. |
|
Consolidate Debt |
|
Seize Opportunity |
|
Recent Loans |
|
$845,000
Debt Consolidation |
|
$600,000
Multi-Family Acquisition Loan |
|
We were contacted by a loan broker who’s client was facing a balloon loan payment. All the borrower needed was a few month’s breathing room to find the right permanent lender. Our bridge loan saved the property from foreclosure and allowed the broker time to find a long-term loan and close the deal. |
|
Buy Some Time |
|
$250,000
Bridge Loan |
|
Investors teamed up with a contractor to acquire, renovate and sell a multi-family property in a major city. The comps were there, the budget made sense and the team was experienced. We provided 90% of the acquisition price and 100% of the construction budget. |
|
Fix and Flip |
|
$263,000
Acquisition and Rehab Loan |
|
A developer purchased a 3,500+ acre tract of raw land for potential development. He envisioned a championship golf course, hotel and resort in a spectacular New England setting. We visited the property, reviewed his plans and agreed to provide cash-out to finance the approvals for this project. |
|
Raw Land |
|
$500,000
Cash out Refinance |
|
Great Oak Capital, LLC
Real Estate Capital + Expertise |
|
Great Oak Capital, LLC 1234 Page Terrace Villanova, PA 19085 (610) 765-1151 (Phone) ◦ (610) 526-2827 (Fax) |
