November 18, 2020
Small businesses matter – now more than ever. They are answering the call with innovation and determination like never before. We hope you join us in supporting them by sharing their story far and wide and shopping local!
South End Capital Closes a $3,500,000 Permanent Mortgage, Secured by Retail Strip-malls Located in Different States
November 16, 2020
We refinanced the borrower’s 1st mortgage, provided additional renovations funds, and delivered a 5-year fixed, 25-year commercial mortgage at 7.5%. Retail strip-malls in different states were cross-collateralized for this loan.
South End Capital Closes a $225,000 Retail/Office/Church Refinance Mortgage During COVID-19 Pandemic
November 2, 2020
We refinanced the borrower’s 1st mortgage which was coming due and provided a stated income, 30-year fixed commercial mortgage at 8.99%. The tenants included a church, and we funded the loan in only 26 days.
Noah Grayson, South End Capital President, Contributes to Forbes Article: Building A Brokerage? Avoid Partners With Any Of These 16 Traits
October 20, 2020
Building a real estate brokerage can be a rewarding and lucrative opportunity, but it isn’t something to rush into. You’ll want to do your research and carefully consider your options before making any major decisions.
Noah Grayson, South End Capital President, Contributes to Forbes Article: Looking For Your First Investment Property? Follow These 13 Expert Tips
October 14, 2020
Branching out into real estate investment is an exciting opportunity, and if done thoughtfully, can turn a tidy profit for investors. However, this opportunity also comes with risks that can be financially detrimental.
Noah Grayson, South End Capital President, Contributes to Real Estate Bees Survey: Impact of COVID-19 on the U.S. Hard Money Lenders
August 25, 2020
A new RealEstateBees.com survey of over 2,000 active hard money lenders found that despite the negative impact on their business caused by the COVID-19, more than 80% are seeing new opportunities opened by the pandemic.
South End Capital Opens its Subprime SBA Loan Program
August 24, 2020
NORWALK, CONNECTICUT, UNITED STATES, August 24, 2020 /EINPresswire.com/ — South End Capital, a nationwide, non-conforming lender and intermediary providing commercial and non-owner occupied residential real estate mortgages, and business loans, has announced the re-opening of its innovative subprime Small Business Administration (SBA) loan program.
Noah Grayson, South End Capital President, Contributes to Forbes Article: 16 Ways Post-Crisis Innovation Will Impact Commercial Real Estate
August 14, 2020
One of the most comforting things about reality is that crises don’t last forever. However, with some situations, the ramifications that a crisis can cause will be felt for months or even years after it ends. The impact of the current events on the commercial real estate industry has been hotly debated, especially in what regards the effects of the ongoing pandemic and resulting social distancing rules that have caused a significant drop in demand for office spaces. The question is how deeply the industry will be affected by these changes in the long term.
Noah Grayson, South End Capital President, Contributes to Forbes Article: 13 Ways to Avoid a Bad Landlord Lease
May 4, 2020
In the rental market, a tenant’s experience usually depends on the potential landlord. While location and space are certainly important when renting, the relationship you have with your property manager can directly impact your quality of life—and you’ll have that relationship until your lease ends.
Noah Grayson, South End Capital President, Contributes to Forbes Article: Successfully Manage Commercial Real Estate Properties With These 14 Tips
April 7, 2020
Branching into the commercial real estate market is often a lucrative investment. However, there are challenges to managing these kinds of properties, especially if you’re new to the industry or have only had experience in the residential sector. To help you successfully enter the world of commercial and retail real estate, we asked the experts of Forbes Real Estate Council to share their personal insights. Below are their top tips for managing commercial and retail properties.
South End Capital Closes a $3,525,000 SBA Loan, Earns 5-Star Review, and Endorsement by Fit Small Business
April 2, 2020
South End Capital did an excellent job and was very creative and responsive to line up our SBA loan! They are a team of committed and caring individuals with deep knowledge on how to get it done. Throughout the process, I felt so lucky to be able to rely on their advice.
The SBA Issues Additional Guidance on the CARES Act Paycheck Protection Program (PPP), Reduces Interest Rate to 0.5%
April 1, 2020
The SBA has issued some additional guidance on the CARES Act Paycheck Protection Program (PPP) which includes the following:
South End Capital Provides Instructions on How to Receive a $10,000 SBA Advance Within 3 Days
March 31, 2020
We thought it was extremely important to inform you that the SBA is now providing advances up to $10,000 to small businesses within 3 days. So while we wait for guidance from the SBA on how to proceed with CARES Act Paycheck Protection Program (PPP) financing, you should follow these instructions to receive your advance which DOES NOT need to be paid back.
Fit Small Business: What the COVID-19 Stimulus Package Means for Small Businesses
March 30, 2020
The United States Congress has passed several measures in response to the COVID-19 pandemic designed to help small businesses, including tax rebates, tax filing extensions, business loans, emergency relief, and modified tax treatment. Perhaps the most significant benefit, the paycheck protection loan—also known as the coronavirus loan—can convert into a grant for small business owners that use it to cover payroll costs.