The fact that our programs are now more flexible than ever means that commercial borrowers of all types now have serious chance at success.
Atlanta, GA (PRWEB) November 01, 2012
Eastern Capital, found on the internet at Eastern-Cap.com, has announced that it is taking a deep interest in growing back businesses of all types across the country. Understanding that most conventional commercial lending programs just wont work in the current economic climate, Eastern Capital is one of the few, if not the only, Private Commercial financier who is taking matters into it's own hands by completely restructuring its offerings - and even lowering it's margins in a best-effort attempt to approve as many borrower requests as possible.
"Our goal is not to leave the market and enter again when it is safe, nor is it to cherry pick requests by only approving certain types of commercial loans that puts the borrower, in this case our client, in a desperate or vulnerable situation. Passive investors we are not and we will stay active and help those who allow us to help them. Our respected Board has decided to extend all terms and lower the interest rates across the board. The board will make it clear to each and every applicant that a 30% return on any money extended by Eastern Capital must be verifiable. Every resource needed for our borrower to reach that rate of return will be made available freely and without limitation. Our return can be through payments, sell through’s, preferred stock options, and other creative, yet tangible method(s) Eastern Capital will remain in the market and grow the current financial storm right along with its clients both potential and present. “ Eastern Capital’s Senior member.
“ We have witnessed Eastern Capital become involved in many new commercial real estate projects, when there were simply no other funding options. In this market, that’s very solid - and Eastern Capital continues to win and keep the respect of the industry. “says the MortgageTrends and RealEstatePro News Editor.
Today’s commercial borrowers have helped to shape the lending programs and new underwriting guidelines that Eastern Capital utilizes will allow it clients commercial real estate projects to fund in record breaking time. Eastern is also quick to point that it also investing heavily into it's own technology and infrastructure, which is paying off very well. This has resulted in lower operating costs, streamlined reporting, much more fluid communications and outstanding client service.
“It's an incredible feeling when a borrower who was at the risk of losing it all is able to do a compete turn around by utilizing one of private commercial loan products. The fact that our programs are now more flexible than ever means that commercial borrowers of all types now have serious chance at success. Our internal staff takes every request seriously up until the day of closing - there is no one more important in our organization than our borrowers and clients." says Eastern Capital's Client Service Manager.
Eastern Capital has restructured it's bridge loan programs for flexibility on a cross-industry basis. This expanded lending range allows Eastern Capital to penetrate additional markets such as agriculture, specialty manufacturing, equipment, lease buy backs and more. In addition to providing funding for the borrowers or the investors target property, Eastern can provide funding for the operations budget of the project as well. This is a true end to end private funding solution and it's an industry first.
Even better, Eastern Capital LLC plans to expand it’s offerings even further by making several more unique end to end private commercial lending programs available in the near future and by being ahead of the game in regards to it’s technology, make sense underwriting and streamlined due-diligence process.
When it comes to getting a commercial real estate project funded in today’s economy, Eastern Capital is the solution.
You can learn more about Eastern Capital at Eastern-Cap.com or by calling (855) 505-0508
About Eastern Capital
Eastern Capital offers attractive financing solutions and pricing for unconventional and hard-to-place real estate loans across all 50 states.
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