South End Capital Closes a $400,000 Merchant Cash Advance (MCA) Consolidation and Working Capital Loan for a Michigan Trucking Company

We’ve provided another MCA consolidation loan to a Michigan industry not favored by most lenders (and for a borrower with a 620 credit score). We paid off 9 MCAs / debt positions saving this business over $10K a month!

TopTenReviews.com Selects South End Capital as one of the “Top Ten” Best Bridge Lenders nationwide

TopTenReviews.com, a prominent product and service review website receiving over 3.7 million visitors monthly, has selected South End Capital as one of the “Top Ten” Best Bridge Lenders nationwide.

South End Capital Closes an $825,000, 7% APR, Working Capital and Expansion Loan for a Popular NJ Restaurant

Most lenders shy away from restaurants but not South End Capital. We provided this business owner $396K of unrestricted working capital, $165K for new equipment, $125K for new furniture and fixtures and $136K for leasehold improvements. All closing costs were financed and we delivered a 7% APR, amortized over 10 years and with no prepayment penalty.

FitSmallBusiness.com names South End Capital its “Preferred Business Acquisition Loan Provider” in a Recent Article Titled: How to Value a Business

A business valuation is a calculation of what a business could potentially sell for. It factors in the seller’s discretionary earnings with a multiplier that varies by industry, both tangible and intangible assets, and the business’s current liabilities. A true business valuation can be used to negotiate a price during the sale of a business.

Noah Grayson Interviewed by deBanked About MCA Broker /ISO Exodus to Commercial Real Estate and SBA Financing

“We’ve noticed a large number of brokers signing up with us are coming over from the MCA space. They’ve relayed to our staff that competition is too stiff to make enough money only originating MCAs, and they are looking for other avenues to bring in revenue,” Grayson said.

Noah Grayson, Managing Director of South End Capital Corporation, weighs in to deBanked about today’s announcement that PayPal has acquired Swift Financial

Online lending M&A is under way. PayPal is bolstering its merchant lending capabilities with the addition of Swift Financial. While the deal was kept under wraps, some industry participants heard some buzz about a possible combination.

South End Capital Closes a $2,475,000 Bridge Loan Secured by a 70% Occupied FL Office Building

This borrower required short-term financing to complete $300,000 of tenant improvements to increase the occupancy of his 70% occupied office building. He was also looking for over $500K of unrestricted cash-out for a time sensitive investment in other real estate. The low property occupancy eliminated him from conventional and non-conforming financing, and he needed a quick and easy bridge financing program to close fast!

South End Capital Funds a Stated Income $925,000 Unrestricted Cash-Out Refinance Loan, Secured by a Large Industrial Facility Located in a Small, Rust Belt, OH Town

We funded this stated income loan (no tax returns) for this 100% owner occupied, 32,822 sq. ft. Ohio industrial facility. We refinanced both a first and second mortgage, paid large tax and insurance bills that were coming due and provided $128,000 of unrestricted cash-out. This property is located in a small, rust belt town of less than 18,000 people.

South End Capital Funds a $470,000 Stated Income, 5 Unit Multifamily Cash-Out Refinance Loan, Pays off $88K of Back Real Estate Taxes at Close

We funded this stated income loan (no tax returns) for a 5 unit CA multifamily property in 32 days. We refinanced a $110,000 first mortgage, paid off $88,000 of delinquent real estate taxes and delivered over $240,000 of unrestricted cash-out.

South End Capital Recent Closings – 5.95% Rate Blanket Loan, LOC, MCA Consolidation & More!

We used our special, full documentation CA loan program to refinance this conventional borrower at a lower rate. He had difficulty finding a CA lender that would offer him bankable terms for his two property blanket loan request, which most lenders consider an un-bankable request.

South End Capital Funds an 80% LTV, Unrestricted Cash-Out Refinance Loan Secured by a 6 Unit Multifamily Property

We are pleased to announce that we’ve just funded $176,000 for the unrestricted cash-out refinance of a 6 unit multifamily property located in Norwich, CT. The borrower wanted a simple, light documentation loan process with competitive terms, but needed an 80% LTV. 

South End Capital Closes a $496,000 MCA Consolidation Loan, Reducing this Business’s Monthly Debt Expense by Almost $44,000

We consolidated 4 merchant cash advance (MCA) positions for this business reducing its approximate monthly debt expense from $49,598 to $5,759. We also provided $80,000 of unrestricted working capital and $240,000 for the purchase of new machinery and equipment. We delivered a 7% APR, amortized over 10 years and with no prepayment penalty.

South End Capital Closes a $730,000 Purchase Loan Secured by 2 Non-Contiguous Investment Retail Stores – Provides a 5.95% Rate

We are pleased to announce that we’ve just closed a $730,000 purchase loan blanketing 2 non-contiguous investment retail stores. Prior to coming to South End Capital, this borrower had difficulty finding a lender that would blanket commercial property and provide competitive terms.

South End Capital Consolidates an 84%, 145% and 165% APR Merchant Cash Advance (MCA) at 6.75%

We consolidated over 7 debt and MCA positions for this business, including an 84%, 145% and 165% APR merchant cash advance (MCA). We also provided $73,000 of unrestricted working capital. We delivered a 6.75% APR loan, amortized over 10 years with no prepay penalty. We reduced this borrower’s monthly debt expense by $17,302!

South End Capital Closes a $900,000 Assisted Living Facility Cash-Out Refinance, Provides a 5% Interest Rate

We are pleased to announce that we’ve just closed a $900,000 cash-out refinance of an assisted living facility located in Redwood City, CA.We offer small balance commercial financing nationwide but in CA we can provide special bankable terms on a variety of property types (even special purpose ) up to $10,000,000.