South End Capital Increases Loan Limits to $5M; Expands Guidelines to Satisfy Market Demand

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Small-balance non-conforming program now open to larger loan sizes and additional property types, at lower rates.

The response to our small private-money program has been so tremendous, we’ve boosted loan limits to $5 million, added eligible property types and lowered our rates.

South End Capital Corporation (SECC) has announced today that its highly successful small private-money program, launched this past April, will now assist borrowers seeking commercial real estate loans of $50,000 all the way up to $5,000,000—no longer limiting commercial real estate borrowers to loans under a half-million. (The SECC program is also known as the small non-conforming program.) As always, the funding is designed to accommodate borrowers with imperfect credit who are self-employed or seeking a swift and painless loan process.

According to SECC founder and Managing Director Noah Grayson, the firm will not only continue to offer private-money financing for hard-to-secure small loan sizes—and now, larger loans up to $5,000,000—but will provide financing for more property types and at improved rates. He stated, “The response to our private-money program has been so tremendous that we are now able to lower our rates to provide improved bankable pricing for ‘unbankable’ borrowers.”

Importantly, SECC can now consider single-family homes and two- to four-family apartment buildings, provided their use is for business or investment purposes. In addition, the firm can also review LTV (loan-to-value) requests up to 75 percent.

Added Grayson, “Borrowers will also be surprised to discover that, unlike conventional lenders, we can now underwrite many loan transactions based on stated information and verification of property information only—often no tax returns are required.”

SECC’s newly expanded nationwide private-money loan program has no borrower credit score minimum and no population restrictions; primary, secondary and tertiary markets are generally allowed. Most commercial property types qualify and rates start as low as 6.5% percent with no or low loan points. Loan closings can take place in as few as two to three weeks. Additional program criteria are available right now.

SECC welcomes both borrower and broker inquiries. The firm also offers referral fees to approved partners. To inquire about this program or any of the many innovative programs available through South End Capital Corp., contact Noah Grayson directly at (888) 268.7778 ext. 5, or noah(at)southendcapital(dot)com.

Headquartered in Boston with offices nationwide, SECC is a direct commercial real estate lender providing non-conforming and private-money loans up to $5,000,000 nationwide, and offering SBA, business and bridge loans in participation with third-party investors. SECC also provides business development services to commercial mortgage brokers of all experience levels. Additionally, SECC offers same-day term sheets, excellent service and prompt responses, is broker-friendly and pays referral fees to approved partners. For additional information, visit or contact Noah Grayson toll-free at (888) 268.7778 x 5 / noah(at)southendcapital(dot)com.

Also tagged: SBA loans, bridge loans, soft money loans, hard money loans, non-conforming loans, small business loans

Katherine Roman

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Noah Grayson