Who are we?

WE ARE STRUCTURED FINANCE SPECIALISTS

AND PROVIDE COMMERCIAL FINANCE SERVICES

TO A BROAD BASE OF COMMERCIAL CLIENTS 

Business Loans

SBA .look-alike. and other

special programs for many

types of business 
 

Private Money

Private loans from $100K to $100 million

and up outside the US and Canada 
 

Conventional Mortgages 

$100K and up available throughout the US and Canada 
 

Syndication & Securitization 

Long-standing correspondent relationships

strengthen our ability to fund your needs 
 

ALL LOANS REQUIRE 

A reasonable and variable good faith application required up front credited only at close; 
 
  

LOOK LIKE AND LEND

Major Metro Area ONLY Hard Money - Fast Close  

(1-3 yrs, Interest Only, no prepay) $100K and up,

Apartments, MixedUse, Office, WH + construction / rehab funding N/A 

ASSET DRIVEN

Up to 65% 11.9% and up 3 to 6 points

Big city metro areas ONLY ( NYC, Boston, Chicago, DC, Philly, Atlanta, Miami, LA, Seattle, etc..)  

Fast closings; property must have verifiable means to cover the mortgage payments and exit strategy. 
 

Owner Occ . Stated Income / Stated Asset 

$150K to $5 million

Owner occ <= 5 units Office, WH, Retail, Medical, Auto Repair, Day Care. Etc..

FICO - 680+ Up to 80% on purchase Rate & Term refi; 75% cash out

Prime +  and up Min 25% owner occupancy;

Debt service coverage based on fair market rent of property; minimal paperwork & 30 to 45 day closing; 
 
 

Multifamily(2, 3, 5, 7, 10, 15 yr fixed term) 

$250K + Apartments, Mixed Use (residential + other), MHP (better quality)

FICO 500 +

Up to 80% purchase / Rate &Term refinance UP TO 75% and cash-outs

3 - month LIBOR + 2.5% to Prime + 1 to 6 % depending on due diligence.

1.25 DSCR; 15/15, 20/20. 25/25 30/30 terms available

Full recourse;

CLTV to 90% on apartments + mixed use;

Market rent and interest-only options also available in certain markets 
 
 

General Commercial Loans

Office, Retail, Light Industrial, Ware Houses, Self Storage

(3, 5, 10, 15 yr fixed term)

$250K and up

FICO 500 +

3 - month LIBOR + 2.5% to Prime + 1 to 6 % depending on due diligence.

1.25 DSCR

3, 5, 10, 15 year fixed terms; with 5 or 30 yr amortization;

Full recourse; CLTV to 90%; 
 

SBA (full term fixed rates available)

$150K up to 5 million - Owner Occupied .

Most prop types include gas station, motel, daycare, assisted living, etc...

FICO - 680 + Up to 90% LTV

Purch or Refi and/or construction/ renov. funding ; Net worth >= 1X loan amt; 25%+ owner occ req.d; 1.25 DSCR; Full

recourse; >= 3 yrs exp in subject business; 3 yrs positive trend on tax returns OR high net worth + strong pro-forma 
 
   

SBA Look Alike,  (adj, 2, 5, 10, 25, 30 yr fixed terms) $200K to $6 million

Owner Occupied - Most prop types included, hotel/motel, daycare, assisted living, etc...

FICO - 680+ Up to 80%;

Lower LTV.s may apply to special use properties

Prime + .25% to Prime + 2.75%, Uses many SBA criteria but avoids full SBA underwriting process; Great for borrowers who already have SBA; Best for props that have 3 yrs positive trend on tax returns + ability to pay w/ depr + int add-back to Fed net income; Borrower MUST have 3+ yrs exp in industry + own funds in property 
 

Bridge Loans - Nationwide Hard Money. Fast Close  

$500K + Any commercial property type

We are interested in knowing the FICO, but typically not credit driven

Up to 65% LTV

9.99% and up depending on variables: location, type, credit history, circumstances,  exit strategy, etc

Full recourse to borrower; 6 months to 36 month terms,

Interest Only.

Interest and closing costs may be held in reserve escrow 
 
 

High LTV 

$100K and up

(2, 3, 5, 7, yr fixed; Fixed for life (15/15, 20/20, 25/25, 30/30))

Apartments, Mixed Use, Retail, Office, Ware Houses, Self Storage, MHP, Light Industrial, Auto Repair

FICO 500 +

UP to 90% LTV

Prime +  0.25% and up

Get up to 90% LTV for commercial real estate loans WITHOUT a seller 2nd;

Full recourse; Full doc program; 
 

Stated Income / Stated Asset 

$100K to $3 Million

Most; Loan amts capped at $2 million for special / limited use; No vacant land

680+ Up to 90% LTV

Prime + 0.25% and up

Adjustable and fixed rates available; Net worth >= 1X loan amt;

Full recourse; CLTV to 90% 
 

Construction Loans (conforming) 

$500K and up

Commercial, Tract; Residential / tract development considered on case-by-case basis

FICO - considered on case-by-case basis

Will need evidence of experience, liquidity, and cash in the project

Up to 65% LTV AS IS and As Complete

65% Loan to Cost (Future Value)

INTEREST RATE VARIES on case-by-case basis

1 to 3 year terms;  
   

Owner Occ multi-tenant or Non owner-occ Single Tenant 

(15 / 20 / 25 / 30 yr fixed)

$500K to $20 Million (SBA 504 up to $4 million)

Office, Retail, Flagged hotel, Industrial, WH/distrib;

AAA to non-investment grade;

Cashflow – driven program Up to 90% including up to 90% loan-to-cost on construction

3-mo LIBOR + 2.75% and up, fixed at closing at least 51% owner occ for non-single tenant props; Single tenant props can be non-owner occ; Brwr NW >= 1X loan amt; 2 to 3 yrs positive cash-flow trend; 1.10 to 1.35 DSCR;

Seasoning may apply in some cases 
   

Conduit Finance – COMMERICAL LENDERS /  HEDGE FUNDS, ETC

$500K and up

(10, 15, 20, 25 yr term)

Apartments, Office, Retail, Industrial, Ware House, Self Storage, Hotels

Up to 75% LTV

10-year T-note + 1.00% to 1.50% or Prime plus .025% and up

Purchase or Refinance Net worth > = 2X loan amt; Owner – occ. OK; 85% + occ. Req’d;

Usually non-recourse; 60 to 90 days to close; No secondary financing 
 

International (non-US or Canada) Private Money Loans

$10M + Most commercial property types

Up to 70% 12% and up; 6 to 10 points

Underwriting based on strength of collateral and cash flow; Loans available ANYWHERE clean title can be verified; Up front deposit of $5,000 or more required; Commitment fee applies; 
   

Factoring

$1 Million + Receivables, Purchase Orders, Inventory

Up to 85% Prime + 3.00% and up

Credit worthiness of receivables or purchasers must be strong.

Up front deposit of $5,000 or more required;

Commitment fee may apply 
 
 
Mezzanines

$2 million + Most commercial property types

CLTV <= 90% 16% to 22%

Liens placed on shares of LLC or corporation that owns the property;

Up front deposit of $5,000 or more required;

Commitment fee applies

Maritime Lending

$1 million + Most vessels; Available world-wide;

Good standing required

Up to 70% 6-mo Libor + 1.5% to Prime + 2%

Maturity of loan should not go beyond 15^th anniversary of vessel’s construction;

$10,000 minimum due diligence deposit required; 

CALL TODAY! LES AGISIM

TCRM COMMERCIAL CORPORATION (212) 371-3933