What type of Real Estate loan do you need?
Bridge Loans are flexible, interest only, short-term 1 to 3 year loans used to purchase, refinance, and rehab real estate. Bridge loans can be executed quickly, often in 14 to 21 days and are equity and income based, not credit score based.
Permanent Loans provide competitive rates for stabilized buildings and A credit borrowers in need of long-term permanent financing. Permanent Bank loans are typically within 1% of the Prime Rate and usually have a pre-payment penalty.
SBA Real Estate Loan
SBA real estate loans provide competitive rates for business owners that intend to occupy 51% or more of their business real estate location to run their business. SBA rates are typically 2% - 3% above the Prime Rate. SBA offers construction loans for business owner-occupied properties.
Construction loans are offered through local, regional, and national institutional banks and lenders. Loans can be short-term 1 to 2 years, or convert to permanent financing up to 25 years. Rates and terms are based off LTC (loan-to-cost) and ARV (after repair value). Commercial construction loans include ground-up construction, tenant improvements, purchase & renovations.
What type of Property are you financing?
Business Loans can be used to purchase a business, refinance debt, increase working capital, hire employees, buy equipment, debt consolidation, and much more. Business loans range from $25 thousand to $5 million.
HOW It WORKS
Accessing commercial funding for real estate and business shouldn't be complicated or time-consuming, so ICS developed a simple way to get funded, FAST.
How it Works
Select the type of loan you need and answer a few basic questions about use of funds, collateral, location & income.
Receive Letter of Intent
You will receive a letter of intent within 24 hours if your loan makes sense.
Your loan is underwritten and approved.
Once all final funding conditions are met, your loan closes on time.