Remington Financial Group

Your best access to commercial capital.

Posts Tagged ‘commercial loans

Remington Financial Group Obtained $58,000,000 in Debt and Mezzanine Funding

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Remington Financial Group develops and executes financial structures that turn problematic transactions into closings. Remington began working with a very large group of hotel owners who had difficulty obtaining funding for a new project.  The level of difficulty was extremely high. This is often when clients approach Remington – when all other hope is lost to close a transaction.

Aging properties had slipped into bankruptcy while losing their competitive edge to newer hotels that had been developed in the local market.  Another challenge with this project was that the property debt was approximately $100MM on a property only with $70MM.

Further contributing to its complexity was that considerable ecological difficulties existed. The court gave Remington Financial Group 30 days to turn in a resolution plan together with commitment for funding. When the borrower involved Remington Financial Group, they had fully planned to give the properties back to their lender, because after 18 months no one else had been able to get them a deal.

This asset was not wanted by the lender. Because of the relationship cultivated with the current lender, Remington was able to ask them to settle the senior financing for less. This caused a tax liability for the borrower that added finances to help cover expenses.

To fix environmental issues, a large amount of money was needed. Remington Financial Group was able to secure mezzanine financing for a very speculative business plan. That solved those needs and the need for additional capital to invest into the properties to help reposition and upgrade the portfolio and to make it competitive within its market.

Remington Financial Group sealed the market rates and gave a fifty eight million dollars finance which helped the owners to retain all of their ownership in emergence of bank cases and properties. The business was completed within 45 days.

The experienced team at Remington develops and executes financial structures that turn problematic transactions into closings.

Written by remingtonfinancialgroup1

September 23, 2008 at 12:27 pm

Do you know what your company is getting into?

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Commercial loans are something that should be carefully considered. They are a big step for a business and can make a huge splash in what the company is striving for, but are they the best for the company? This is a choice that many have had to weight and also what kind of loan is best for them. There have been a good number that have jumped at a loan and not seen that they had killed their company in the process. This is not always the case, but there has to be some research in what the loan will do and how will it be paid back. These are just some of the long-term views that come with a commercial loan. Loans are a good way to get a leap forward, but should be taken with the same careful consideration as a new partner would.

It is true that a commercial loan is just a loan, yet it is also where an outside presence can endanger what has been made if the owner and the company are not careful with how all the dealings are worked out. This may sound a bit scary, but is a truth that many businesses lose sight of and can bite them in the butt if they are not careful.

When choosing a commercial loan, the company needs to see how the funds will be used to help the company and if they will have more of a benefit than where the company is right now. This is where a second party can actually help, as they can be able to find the best deals in the market for the business. This is a major step and should be treated as such by both the company and the owner or owners of the company.

The biggest reason to ensure that this is the right choice is that there have been many companies that have made such a leap and made it when it was not best for them. This has resulted in a fatal blow to the company and one that the owners have had a hard time to overcome. The choice is the owners, and as such should be one that they are certain will take them to the next level of their industry. This is something that they can determine if they have all the facts and know exactly what they are getting into.

Written by remingtonfinancialgroup1

September 2, 2008 at 2:24 pm

Commercial property loans are reputation and more

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Companies that have considered commercial property loans have seen the advantages of having stability in the company’s income. The steady money base has shown that they are a safe bet and also one that will not have complications in the payments that are expected of them. This has translated in lower interest rates and a higher yield in the amount that is allowed for the base mortgage.

The key thing with commercial property loans is that they are essentially mortgages that are devoted to the purchase of a property. Many times these are set up for a longer duration than those of traditional loans, but also meant for the company to use the grounds and not be bound to this one bill as most residential homes can cause. This can help a company expand further and also make the payment of the commercial property loans that much more likely to happen in a shorter timeframe.

The commercial property loans are devised for the companies that have a higher output of cash, but also those that have a high level of stability in the income that they have and also in the life of the company. It is much easier for a company that has been around for a decade to obtain one of these loans than one that has been around for only a few months. The key reason is that the older company has proven that they have endured the rough waters of the consumer based environment and they have a better chance of being there for the duration of the commercial property loans that they commit to. It is a harsh reality, but one that has to be faced.

There are still other considerations that commercial property loans can be there for the newer companies. These considerations are that there will be a higher interest rate and also that the form providing the mortgage may require a deposit of some amount. Much of this is based on circumstances that can vary from case to case and also in how the firms are approached by the companies. Some companies have found that they can get more out of the commercial property loans if they have someone shrewd represent them and deal with all that is required of the needs of the mortgage. This is a challenge, but one that these representatives are willing to take for the sake of the company.

Written by remingtonfinancialgroup1

September 1, 2008 at 2:23 pm

Commercial equity loans are the biggest choice you can make

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Aside from the choice of starting a business, choosing the best of the commercial equity loans can be the biggest choice that you can make. This is a pivotal step in any business that is seeking to make a major stake in the industry and to prove that they are going to be around for the years to come.

There are many options that a company can choose in commercial equity loans. There are even more lenders that they can select as well. This is where the homework comes when they choose among the masses that have the world to offer. The selection of a commercial loan is choosing the best for the company and what will make for the best future that is in the outlook.

With all that can be offered in commercial equity loans, a number of companies will seek out the best company or bank for the loan. They never see the smaller brands that have just as a much to offer, if not more. This has resulted in one of the poor commercial equity loans that has resulted in the businesses struggle to survive or their eventual death.

More companies have made this mistake than should have. This has made for a lot of headaches and troubles that could have been avoided if the company was willing to shop around or even look for a second resource that could find the best deal for them. These stumbling blocks have been the reason why many companies will not consider expanding beyond renting and never getting to the size that they could be if they just took the chance.

The safe road is a consideration, yet one that has wound up making many companies trapped in the confines of what they can do in the course of their lives. Perhaps the guiltiest of this avenue are the family businesses that see that since the family is small in scope that the business should be as well. This not only denies the world of an incredible option in a business, but it also denies the business from being what it could.

The good selection of commercial equity loans can make all the difference of where a company will have their business, but is also the foundation of the future for a business that can expand and grow. Even a family business can see the worth of a success and the validity to commercial equity loans.

Written by remingtonfinancialgroup1

August 31, 2008 at 2:03 pm

Hard economy is not always hard on a business

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Some have seen the decline in the economy as a warning sign of things to come. This has resulted in some pulling their purse strings and preparing for the long financial winter that is to come. There are those, however, that see this as a special time where things are cheaper and rates are lower. They are the ones that see that this is the time where the strong thrive and the weak die. Which is your business?

With commercial loans rates hitting all time lows, this is the time to make the investments and also the expansions that are needed to make the business that you have that much more powerful. Even with the increase in gas and the lowered profits that some have seen, this is the time that many businesses have seen the best growth. Some of the fixed rates that are in the markets have hit lows that have not been seen in the past decade and this has made it where a business can have a world of difference if they are willing to take a chance. Like any chance, there is always risk.

Risk is a relative aspect though, if you truly think about it. Even a business of your own is a risk and you have done that. The lower commercial loans rates are only making it where businesses can expand into area that they saw were impossible in the past. This is the chance that many businesses see as they can now make the investment to growth. This is mainly due to the lowered interest rates meaning lowered payments that can be easier for the business to contend with. Another option is greater amounts of payments that can be paid off in less time.

A number of businesses are pulling back on expansion in these hard times and this may be the one flaw in the plans they have in a time where some businesses are faltering and others are still going strong. Just as with any empire, a business should be dealt with on the expense standpoint and also on the expansion. Many have seen that empires will either expand or die, this also applies to businesses.

Written by remingtonfinancialgroup1

August 30, 2008 at 2:02 pm

A contractor is just a small business owner

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Contractors that have wanted to go out of the house have often seen that the stated commercial loans as the best choice for this. Some of these contractors have lost interest in being bound to their homes and also want to additional exposure that can come to the location of an office or storefront.

A storefront can also be a big factor when the contractor has seen that they are exceeding what is expected by city ordinance for a business like theirs. Rather than having to face fines or other complications, stated commercial loans could help the contractor get their business from the home and into an actual location.

The stated commercial loans are just the first step as the contractor has to also determine where they will call their new home for their work and also if it will help them more than their home. This is something that can be a major leap for a contractor that has no base knowledge of where to have their storefront or if a location will have an impact on what they are seeking.

A contractor also has to consider that location is just one aspect that they have to think of, as there is also workspace and also security. These can be factors that can define the amount that stated commercial loans amounts will be and also if the loan is even needed. Sometimes the loan can be not enough or too much and that can be a complication that the contractor doesn’t need to face.

The term contractor is something that many fall under, but in essence they are just small business owners that are seeking to get their foothold in the industry that they are working in. Some succeed to become more than just a room in the house to work out of; the whole determination is if they are willing to make that leap and if they know how. Even if they are willing to make the leap, the lack of know how can be obtained with the services of a second party that can line out the framework that the contractor needs to follow. This can turn a one-man operation into an empire if they are willing to devote to the possibility and also have the drive to make it come true. It is a tall order, but one that can be done with direction, a stated commercial loan, and effort.

Written by remingtonfinancialgroup1

August 28, 2008 at 7:00 pm