South End Capital Announces New Silver and Gold Referral Partner Levels

We’ve introduced the following new SILVER and GOLD level incentives to reward our partners who refer us repeat business…

South End Capital Celebrates 10 Years in Business!

Thank you to our valued Referral Partners, Borrowers, Colleagues and Friends for your support over the past 10 years. We look forward to many more great years to come!

South End Capital Funds $700,000 and $500,500 Non-Conforming Bar & Restaurant Loans

We funded this $700,000, 70% LTV purchase loan in 28 days, with no tax returns and based on bank statement income only. We provided a 5 year fixed loan, amortized over 30 years at just 6.875%.

South End Capital’s President, Noah Grayson, Interviewed by Superbcrew.com About the Recent Government Shutdown

As a private, direct lender, South End Capital is not beholden to the government to purchase or approve the loans we make. This is why, during the government shutdown, we were still able to provide business owners and property investors affordable capital when many government dependent lenders could not. It’s encouraging that the government has temporarily re-opened, but borrowers should never have to worry that their access to capital will be impacted due to a political stalemate they have no control over.

South End Capital Funds Affordable Business Loans During Government Shutdown

South End Capital Corporation (SECC), the innovative, non-conforming real estate and business lender, has announced its readiness to deploy affordable capital to business owners and real estate investors shut out by the government.

South End Capital’s President, Noah Grayson, Announces 2019 Company Updates

Last year over 1,400 referral partners signed on and helped us achieve many significant milestones, including over 270 closed loans and more than $230 million funded. This year we are making a commitment to our referral partner community to improve the experience and offer better incentives. As of today, we will be eliminating our broker program and focusing exclusively on developing our referral partner channel.

South End Capital Funds a $900,000 Multifamily Blanket Loan at 6.875% and a $325,000 Chicago Mixed-Use Cash-Out Refinance Loan in 18 Days

We are pleased to announce the recent funding of a $900,000 Multifamily Blanket loan. We paid off back taxes and funded over $102,000 of unrestricted cash-out at closing. Our new mortgage was secured by two contiguous 8-unit multifamily properties in Long Beach, CA. This was a low doc. loan with a 5 year fixed rate at 6.875%, amortized over 30 years.

South End Capital is Pleased to present a Selection of our Recent Credit Line and Invoice Financings

These recent closings represent our aggressive credit line and invoice financing programs that offer fast and accessible capital starting at only 0.4% (just $4 in fees on $1,000 borrowed!) for businesses located in all 50 states including Washington D.C., Puerto Rico, Guam, American Samoa, North Mariana Islands and the U.S. Virgin Islands.

South End Capital Closes its 200th Loan for 2018 Surpassing the $200 Million Funding Milestone

South End Capital Corporation (SECC), the innovative, non-conforming commercial real estate and business lender, announced today that as it closes its 200th loan for 2018, it has surpassed a $200 million funding milestone. This places the firm solidly ahead of its competitors in the space.

South End Capital Announces $7,737,000 of Recent Subprime SBA Closings

This recent selection of closings includes a golf course, an Auntie Anne’s franchise, a sports bar, a used auto dealership, an assisted living facility, a no collateral business purchase, financing for a borrower only a year out of bankruptcy and more. South End Capital continues to prove that non-conforming credit attributes which disqualify borrowers from other lenders SBA programs are workable within its Subprime SBA model.

South End Capital Closes a $170,000 Subprime SBA Debt Consolidation Loan for a GA Dental Practice

This business had accumulated high-interest rate debt and now needed an affordable consolidation loan and fresh working capital. The borrower desired reasonable terms but had low credit, no commercial real estate collateral and didn’t want to pledge his home. We provided a $170,000 consolidation and working capital loan at 7.75%, amortized over 10 years, with no prepay penalty and didn’t require the borrower to collateralize his home.

South End Capital Provides a $984,000 2nd Mortgage, Business Debt Consolidation Loan for a Software Company

SECC was able to provide a $984,000 debt consolidation loan utilizing a 2nd mortgage on the borrower’s primary residence and residential investment property. The final interest rate was 7.75%, amortized over 10 years and with no prepayment penalty.

South End Capital Gets it Done Funding Business Purchase Loans for a FedEx Ground Route and a Sports Apparel Co.

FedEx ground routes are historically difficult business purchases to finance. Since there is no significant collateral other than the delivery trucks and the income from the route itself, banks and most SBA lenders stay away. We were able to finance this business purchase at a rate of 7.75%, amortized over 10 years and with no prepayment penalty.

South End Capital Provides a $41,000 Business Line of Credit Approval in 3 Minutes and Funds in 1 Day

Through its innovate “no credit minimum” business line of credit program, South End Capital provided this construction company near immediate access to funds. The program requires no paperwork and has industry leading low rates starting at only 0.4% (just $4 paid on a $1,000 borrowed).

South End Capital Presents a Selection of Recent Subprime SBA Loan Closings

We are pleased present this selection of fourteen (14) recent Subprime SBA loan closings. These closings show that affordable financing, with rates in the 6% to 8% range, is available for borrowers with FICO scores from 550 and for those with unique or no collateral or outside-of-the-box business needs.