Ascend Capital Partners
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Commercial

 
 

Commercial  

Short-Term Financing for Commercial Properties

Ascend Capital provides short-term financing options for a multitude of small-balance commercial properties. A six-month extension is available for this product (a 2% fee will apply). Please note that we will not consider any property types that may pose an environmental risk including gas stations, automotive repair shops and vehicle storage spaces.

 

Basic Loan Criteria

 

Term:                   18 Months

Loan Amount:      $100k to $2.5M+

LTV:                      Up to 70% of the purchase price; 

                            Up to 50% Refinance; 

                            Up to 50% Cash-Out t

Property Types:   Mixed-use; office buildings;

                           apartment complexes (5 units+); retail spaces

 FICO:                 600

 

 

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