Alliance Commercial Credit Group


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 Phone: (877) 594-9423

Address: 8002 NE Highway, Suite 503 Vancouver, WA 98665

Websitehttp://www.alliancecomcredit.com

States They Lend In: Washington

 

Hard Money

Hard Money in Washington
We’ve all been told to diversify our investments. Spread our savings among cash, stocks, mutual funds, and real estate investments. But while it’s easy to put the money in real estate, it can be difficult to access your own equity in that real estate investment-especially if you hit a financial bump in the road.

Here are just a few reasons why your request for a real estate-based loan might be declined:

  • Weak earnings on your tax returns
  • Poor credit
  • New business with less than two years of operating history
  • Insufficient business cash flow

But banks are only one source of potential financing. Hard money loans, also called “collateral-based loans,” are a simple way to get the money you need—fast. Look into asset based hard money lending for a differnt source of financing! If you have substantial equity or own commercial real estate you can access:

  • Up to 65% LTV on improved property
  • Up to 50% LTV on land

Hard-money loans from hard money lender are also called bridge loans. These short-term solutions will give you the capital you need, so you can correct what went wrong. They can be structured from 12 to 36 months, and are typically interest only. With this money in hand, you can work on:

  • Improving your credit
  • Increasing your business’ longevity
  • Increasing your profits—and showing those profits on your tax returns!
  • Paying off tax liens

Commercial Real Estate Loans

 

Washington Bridge Loan & Real Estate Loan
With more than 10 years of experience helping customers, Alliance Commercial Credit Group is the place to come when you need to either purchase or get cash out of a commercial real estate refinance. We offer several different programs for both conforming and non-conforming loans.

Conforming Loans

We have relationships with most of the commercial banks throughout Washington—and we know who has an appetite for your conforming loan request. Conforming simply means a fully documented loan, which requires two years’ tax returns and a decent credit score. Alliance Commercial Credit Group is the espresso stand to getting a great rate with the best fit, fast!

Non-conforming (Stated Income) Loans

However, not all borrowers can go to a bank. For these customers we offer an incredible stated-income, commercial real estate loan program. Stated income simply means you need only fill out an application; no tax returns are required. The most common reasons why people need stated income loans are:

  • Aggressive tax return reporting that shows very little to no income to avoid paying taxes
  • Insufficient employment history
  • Business losses in the last two years
  • Insufficient debt- or cash-flow coverage

If you are with a bridge-loan lender and your loan is due, and if you have a credit score of 660 or above, this is the best option for refinancing. Interest rates start as low as 6.9% with a 30-year amortization. Call us today at 877-594-9423, and we’ll find the best loan for your business.

 

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