| Southeast
Private Lending (SPL) funds loans that most
other lenders would turn down. We have a
high closure rate because we have a group of
investors that work together in hand-in-hand to
ensure your loan has the highest probability of
closing. At SPL, we know
that you will find our funding solutions to be
not only efficient but cost effective.
Borrowers
Individuals, Corporations, LLC's, Partnerships,
Trusts, Estates, etc.
Non-credit score driven
No income verification
Bankruptcy/Foreclosure OK
Properties
Commercial properties only
Mixed-Use, Office, Apartment, Retail, Light
Industrial, Others considered
Non-cash flow producing properties OK
Parameters
Unlimited cash out for any reason
Borrow against properties listed for sale or
currently in default
Portfolio Lender
Creative approaches to Equity Based Lending
In-house common sense underwriting
Quick turn-around without the headaches of
traditional lenders
Loan Specifics
Loan Amounts: Up to $100M
Loan to Value: Max 65%
Interest rates: Start at 10-16%
Points: Start at 2
Loan Term: Flexible amortizations and interest
only
Lien Position: First Only
Prepay: Flexible
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