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Line of Credit for Real Estate Developer

Line of Credit for Real Estate Developer


The real estate developer completed a refinance and secured a line of credit collateralized by a portfolio of commercial and residential properties. Funds will be used for a down payment and soft costs on a large scale development project.

Location: Nassau County, NY
Loan Size: $350,000

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“Commonwealth Capital’s team of professionals consistently utilizes and demonstrates logic, care, and compassion. They are willing to talk about virtually every adverse credit issue in order to grasp a true understanding of the cause(s) and participate in the solution(s) throughout the entire lending process.”

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“Commonwealth Capital stepped in for us when other lenders said “no”. Their response to our request was timely and flexible. We are very glad to have found them and happy to recommend them to others.”

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"After evaluating my financial situation back in 2011 Commonwealth Capital provided the needed funding and cash flow to help my business operate. They listened to my concerns over the past 3 years and tailor made a plan to assist my company during this time of economic uncertainty, when other banks and lending institutions did not wish to get involved.”

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