“We are in the midst of a very challenging market and recognize that liquidity is scarce, that is where our commercial lending programs truly shine” says JT Tommasso.
Atlanta, GA (PRWEB) February 27, 2012
Eastern Capital, the Nation’s premier Private Commercial Lending Source, found on the web at Eastern-Cap.com, has announced that, as predicted, it’s first quarter loan volume has literally exploded. In order to meet borrower demand, it has again loosened up its private commercial lending guidelines, fees and rates across the board.
“I am very pleased to be featured in the Biltmore Book of Who’s Who in Finance. I personally strive to get each of our clients into the best possible commercial lending structure for all parties involved – not just for corporate gain. By doing right in regards to our borrowers, our commercial loan request volume has seriously increased, which is why we have proudly brought on 2 new key commercial finance gurus onto our team – Jack L. Kirk and Ray Krebs. I am very excited to be able to provide a level of service and professionalism to our commercial borrowers, which in my opinion is second to none.” says Joseph JT Tommasso, Eastern Capitals most senior member.
One of two powerhouses to join Eastern Capital, Jack L. Kirk, a former Army Veteran and President / CEO of Citizens & Merchants Bank in Bremen, GA. has always recognized the great need for creative commercial financing, and at the pushing of former bank clients, began the brokering of commercial loans. By doing so, over the years he has established a long list of serious private commercial lending industry relationships- all highly beneficial to Eastern Capitals client base. In early 2011 began the search for a reliable direct commercial lender. That search resulted in the selection of Eastern Capital, LLC as a direct lender with large resources to fund solid, private commercial real estate loans.
“I joined Eastern Capita l to utilize my commercial lending experience to the fullest and I’m very excited to be part of team,” says Kirk.
The second of two industry powerhouse to join Eastern Capital, Ray Krebs is a 30 plus year commercial finance veteran, Mr. Krebs began his banking and finance career in the early 70’s. During his extensive career, he has been an independent mortgage banker, correspondent lender and CRE finance consultant. For more than 10 years he served as a Senior Bank Commercial Loan Officer and Managing Director of the Bank’s commercial mortgage banking activities. He also served as Director of Fixed Asset Financing for an Investment Banking firm while consulting and/or working on a number of commercial finance assignments throughout the United States and Mexico. He has conducted numerous workshops and seminars on underwriting commercial real estate loans and administrative appraisal review. He is the author of a loan risk rating system (REL Score). Ray has also proudly authored a number of articles on commercial finance.
“Getting commercial loans closed, to me is the bottom line. By joining Eastern Capital, I can now practice what I preach in my seminars and workshops. I am looking forward to a long and prosperous career at Eastern Capital,” says Krebs.
In a market where funding for commercial projects of all types is scare, Eastern Capital continues to prosper.
“We are in the midst of a very challenging market and recognize that liquidity is scarce; that is where our commercial lending programs truly shine,” says JT Tommasso.
Eastern Capital has funds available for investors, end users and industry professionals throughout the United States for commercial projects of all types.
With an impressive array of commercial funding resources and top-notch industry talent, there is simply no stopping Eastern Capital as the nations number #1 private commercial lender.
You can learn more about Eastern Capital at Eastern-Cap.com or by calling (855) 505-0508
About Eastern Capital
Eastern Capital. and its partners is an established portfolio lender for commercial real estate loans offering attractive financing solutions and pricing for unconventional and hard-to-place real estate loans across all 50 states.