About

Bankable Terms for Un-Bankable Borrowers

Founded in 2009, South End Capital is a nationwide, non-conforming lender providing small balance real estate and subprime SBA loans. We are committed to providing excellent service, a simple transaction process and innovative financing that is affordable for all borrowers.

US Business News, Fit Small Business, Top Ten Reviews and Business.com have each recognized us as one of the premier non-conforming lenders in the country.

Loan ProgramsReferral PartnersRecent Closings

Loan Programs

Small Balance Real Estate
Subprime SBA

We offer fast, permanent and short-term financing with a low documentation process. Stated income and full documentation loans are available for property held as an investment or occupied by your business (no personal residences). Purchase, refinance, fix and flip and unrestricted cash-out refinance programs are available nationwide except in AZ, ND, NV, OR, SD and VT. We lend on 1 to 4 unit residential, 5+ unit multifamily, mixed-use, office, retail, warehouse, industrial, mobile home parks, self-storage, auto-service, auto-dealers, daycare, restaurants, nightclubs, bars and more. Apply below, there is no upfront credit check and no upfront fees!

  • We are a Direct Lender
  • $175,000 to $5,000,000
  • Rates Start at 6.375%
  • 1, 3, 5, 7 & 30 Years Fixed
  • I/O to 30 Year Amortizations
  • No Credit Score Minimum
  • To 80% LTV (commercial)
  • To 100% LTC (residential)
  • Flexible Prepay Penalties
  • Foreign National Loans
  • Non-Profit Loans
  • Close in 2 to 4 Weeks
Apply Now

We offer streamlined Small Business Administration “SBA” loans for the non-conforming business owner. We have no collateral loan options and can provide up to 200% LTV (loan-to-value) in 1st, 2nd or 3rd position on real estate and/or equipment. Whether you are seeking working capital, funds to purchase real estate, equipment or a business; or want to refinance debt or consolidate merchant cash advances into an affordable monthly payment—we have the right loan for you. Apply below, there is no upfront credit pull, no application fee and most business types are considered (sorry, no startups).

  • $30,000 to $23,000,000
  • Rates from 6.5%
  • Monthly Payments
  • No Prepay Penalty Options
  • 10 to 25 Years Amortized
  • 550 Credit Minimum
  • 1 Year Min. Time in Business
  • Few Restricted Industries
  • Debt/MCA Consolidation
  • Unrestricted Working Capital
  • Construction Financing
  • Nationwide Program
Apply Now

Recent Closings

$220,000
Emergency Response Service
SBA 7(a) Working Capital
Tallahassee, FL

$230,000
Gas Station & C-Store
SBA 7(a) Working Capital
Cathedral City, CA

$252,000
Warehouse Purchase
Small Balance Commercial
Winter Haven, FL

$1,815,000
Nursery School
SBA 7(a) Cash-Out Refinance
Burnsville, MN

$3,300,000
Oral & Facial Surgery Clinic
SBA 7(a) Cash-Out Refinance
Mooresville, NC

$550,000
Veterinarian Clinic
SBA 7(a) Cash-Out Refinance
Ozone Park, NY

$250,000
Daycare
SBA 7(a) Construction Loan
Batavia, IL

$500,500
Bar/Restaurant Cash-Out Refi.
Small Balance Commercial
Asheville, NC

$2,278,000
Funeral Home
SBA 7(a) Cash-Out Refinance
Philadelphia, PA

$250,000
Energy Co.
SBA 7(a) Working Capital
Hastings-On–Hudson, NY

$700,000
Bar/Restaurant Purchase
Small Balance Commercial
Glen Cove, NY

$215,000
Landscape Contractor
SBA 7(a) MCA Consolidation
Denver, CO

$569,000
Vacation Rental Website
SBA 7(a) Office Purchase
Red River, NM

$300,000
Financial Services
SBA 7(a) MCA Consolidation
Marlton, NJ

$450,000
Dental Practice
SBA 7(a) MCA Consolidation
Orange, TX

$519,000
Software Consultant Firm
SBA 7(a) Business Purchase
McKinney, TX

$470,000
Truck Repair Co.
SBA 7(a) Refinance Cash-Out
Cleveland, OH

$250,000
Hospitality Data Co.
SBA 7(a) Expansion Loan
Chicago, IL

$782,000
Excavating Co.
SBA 7(a) Debt Consolidation
Toledo, IA

$812,000
Supermarket
SBA 7(a) Business Purchase
River Rouge, MI

$350,000
Wholesale Distributor
SBA 7(a) MCA/Debt Consolidation
Eastlake, OH

$350,000
Dental Practice
SBA 7(a) Debt Consolidation
Hyattsville, MD

$280,000
Trucking Co.
SBA 7(a) Debt Consolidation
Brookings, OR

$260,000
Dental Practice
SBA 7(a) Refinance Cash-Out
Hyattsville, MD

$160,000
Landscaping Co.
SBA 7(a) Working Capital
Shelby Township, MI

$90,000
Bed & Breakfast
SBA 7(a) Working Capital
Olympia, WA

$900,000
Multifamily Blanket Cash-Out Refi.
Small Balance Commercial
Long Beach, CA

$228,000
Daycare
SBA 7(a) Business Purchase
Chicago, IL

$586,000
Pawn Shop
SBA 7(a) Partner Buyout
Canton, OH

$532,000
Trucking Company
SBA 7(a) MCA/Debt Consolidation
Honolulu, HI

Team

Operations

Noah Grayson
President, Founder
noah[at]southendcapital.com

Richard Sabrowske
EVP, Director of Operations
rich[at]southendcapital.com

Michael McGee
AVP, Closing Division
mike[at]southendcapital.com

Originations

Matthew Naughton
SVP, SBA/Business Lending
matt[at]southendcapital.com

Myron Alford
SVP, Real Estate Lending
myron[at]southendcapital.com

Antoine Anderson
Account Director
antoine[at]southendcapital.com

David Paylor
Account Executive
david[at]southendcapital.com

Referral Partners

Increase Your Capital Access and Income!
If you’re a lender, broker or entrepreneur interested in monetizing your real estate and business loan leads or fallout by earning generous referral fees, then register below or learn more.
Get Started

Careers

SECC is seeking dedicated, personable and self-starting professionals to join our growing team. If you possess the skills necessary to originate and develop a robust loan pipeline and promptly and courteously attend to clients, or are an experienced and proficient processor or underwriter, we’d love to hear from you: careers[at]southendcapital.com

FAQs

Listed here are the most commonly asked questions about who we are and how we operate. If you have a question that is not found here, please do not hesitate to contact us and we will be happy to address it.

Is SECC a lender or a broker?

SECC is a licensed lender and broker under California Financing Law License # 603 L334. SECC funds non-conforming commercial, residential investment and business loans in markets nationwide. SECC also functions as a correspondent or preferred origination source for a small group of banks, institutional lenders, investment funds and private finance companies. In states where SECC is not licensed as a mortgage lender or mortgage broker (and licensing is required), SECC acts strictly as a loan packager for, or a referral source to, those entities licensed to lend.

How do I signup as a Referral Partner with SECC?

If you are a lender, mortgage/loan broker, ISO, finance professional or entrepreneur looking to leverage our non-conforming real estate and business loan programs to increase your revenue, then learn more or click here to register and be reviewed for approval as a Referral Partner (there is no cost to register and it only takes a few minutes). Once approved you will be eligible to receive competitive referral fees for loan closings you referred to us.

Please Note: We are now only accepting loan applications for our loan programs on a referral basis—brokering is not permitted. This means when you refer a loan application for your client, we will transact with the client directly throughout the loan process. This will not affect your referral fee and you will be provided regular transaction updates along the way.

I’m a borrower, broker or lender—why should I work with SECC?

If you are a borrower looking for financing in this market, you know the process can be difficult and confusing. SECC is an experienced lender, founded in 2009, with a focus on customer service, transparency and ethical practices. We have always concentrated on providing non-conforming borrowers the most competitive and affordable loan options, and we have built a reputation as a market leader doing just that (Google us!). If you are a broker or lender, then you know loan fallout is a costly issue that can be resolved and monetized by the right strategic partner. The loan programs SECC offers are genuine and they perform. We utilize the latest technology to offer our partners the opportunity to convert their leads and fallout into significant revenue. We operate as your back-office so that you can focus your effort on what’s most important to you. We also offer approved partners fee incentives, and additional bonuses for high-volume referral partners such as increased compensation and co-branded or white-labeled applications and/or landing pages.

Does SECC charge upfront fees?

Once SECC has analyzed a loan submission and determined its eligibility for financing, a Conditional Financing Approval (CPL) and/or a Letter of Interest (LOI) is issued. Upon acceptance and signing of the CPL, no upfront fees are required. Upon acceptance and signing of an LOI, the borrower will be required to pay a non-refundable underwriting or appraisal fee ranging from $0 to $2,500 depending on the loan program applied for. Refunds will not be issued on transactions that do not close because of borrower/broker misrepresentation, cancellation, delays, inability to meet documentation or information requests, omission or fraud, or due to adverse results of third-party reports. A previously submitted underwriting or appraisal fee will be returned in the event that a loan does not close due to SECC error or failure to perform as outlined in the LOI.

Does SECC charge loan points and/or fees at closing?

For our permanent loan programs, SECC is compensated directly by our investors or from the sale of our loans, thus we do not ordinarily charge the borrower any excessive points or fees. For our short-term, SBA or third-party loan programs, SECC charges market fees. We will always provide a fee quote upfront upon request so there are no surprises for the broker or borrower.

How long does it take to close a loan with SECC?

It takes approximately 2 to 4 weeks to close a non-conforming commercial or non-owner occupied residential loan transaction. SBA transactions can take anywhere from 30 to 90+ days.

Does SECC offer loan programs outside of the United States?

We offer loan programs in all 50 states, and most domestic primary, secondary and tertiary U.S. markets. We do not offer any loan programs in any other countries.

What collateral will SECC lend against?

Only commercial real estate, 1 to 4 unit non-owner occupied residential properties held (or to be acquired) for investment purposes, businesses and hard business assets (i.e.; equipment, machinery, etc.) are eligible for financing under our programs. We do not offer financing on owner occupied residential properties, securities or any other types of collateral. SECC does offer business invoice financing and uncollateralized business term loans and credit lines as well.

Are loan brokers or third parties ever considered representatives, agents or employees of SECC?

SECC has no subsidiaries, parent companies or agents, and only those individuals listed on the SECC website and who have a southendcapital.com email extension and SECC phone number, are authorized to transact business for SECC. Any third-party found to be making a claim of affiliation with SECC, or representation on behalf of SECC, will be viewed as having committed fraud and be prosecuted to the fullest extent of the law. If you feel you have encountered an individual or entity committing such fraud, falsely issuing documentation on behalf of SECC, or attempting to collect funds on behalf of SECC, please contact us immediately at info[at]southendcapital.com.

Contact

Subprime SBA

Small Balance Real Estate 

Referral Partners

Accounting

Questions


(888) 268 – 7778

101 Merritt 7 Corporate Park, Suite 300
Norwalk, CT 06851