Do You Have Commercial Property Tax Issues?
Real Estate Tax Solutions Fast
Fairview Commercial Lending is a national privately funded commercial real estate lender (Hard Money Commercial direct lender) and has been in business for over 25 years. The partners have over 100 years of commercial real-estate lending experience and have been lending since 1975. This depth of knowledge and experience allows us to work with businesses that have cash flow and/or tax issues.
As markets change, unfortunately many businesses miss the warning signs and over/under react to the changing industry dynamics. Their actions/inactions can lead to dire consequences for a small/mid size business including cash flow issues which inevitably have a trickle down effect on all areas of the company.
These cash flow issues typically lead to issues with various taxing authorities (not fully paying income taxes, property taxes, etc…). To help these business owners right-size their current situation, many options are available including Accounts receivable factoring, inventory financing, equipment financing, and real estate financing.
Real estate financing can be an excellent alternative to higher priced factoring solutions (inventory, equipment, accounts receivable, etc…). In many cases the borrowers have an excellent piece of real estate collateral that can possibly be financed to provide ample working capital for their business. Increased working capital is one of the key variables in the turnaround of any company.
Many times these clients will not qualify for traditional financing. Traditional lenders focus heavily on the business financials (both present and historical) to evaluate the soundness of the loan. Luckily, lenders exist that focus on the borrowers collateral as opposed to their current financials. A perfect fit for situations like this is a no-doc lender.
No-Doc lending is a unique niche that is very different than other sub-prime products. Typically sub-prime lenders underwrite primarily on credit, income, or cash flow of the property. The no-doc lender solely underwrites on the property and not the borrower or the financial situation of the company. For example, a no-doc lender recently made a loan to a company that had lost money for the last three years. The lender was able to analyze the property, understand the company’s financial situation and the steps being taken to improve the cash flow. As long as the property has enough equity in it and a plan for success, the no-doc lender is typically able to make the loan.
A no-doc loan is not only cheaper, it is typically faster, and enables the company to pull out more capital than factoring on receivables and materials. Start to finish a no-doc programs takes ~ 2-3 weeks and can provide the borrower ~60% of the equity in their property. The loans can typically be structured to fit the particular needs of the situation (interest only, longer loan terms, etc…).
We can help the following borrowers:
- Unpaid property taxes
- Payroll tax issue
- Unfilled tax returns
- Business cash flow issues
- In need of working capital
- Foreclosures
- Tax liens
- Judgments
- Credit Challenges
- Mortgage lates
- Debt Consolidation
- Various other situations where time is of the essence
Why use Fairview Lending
- No upfront fees
- No appraisals prior to funding: All underwriting and lending decisions made in house
- Receive an honest answer quickly
- Quick closings with no hidden fees
- True lender that solely lends its own funds
- Structure loans to fit the uniqueness of each transaction
- Real estate tax financing specialists/li>
- Business tax specialists/li>
- Business turnaround experts
Recent Transactions closed around the state of CO
- Feb 14, 2006: $625K Free Standing Office - Pittsburgh, PA
- July, 2007: $450K cash-out refinance, Mixed use O/O building - Taos, NM
- June, 2007: $925K Cash-out refinance, Light Industrial O/O building, Milwaukee, WI
- March 23, 2005: $760K Strip Mall and Mini Warehouse Refinance - Dayton, OH
- April, 2007: $700K Refinance Light Industrial O/O building - Clearwater, FL
Resources for Business owners with tax issues:
- What is Hard Money?
- What is a No-Doc loan?
- What are some key mistakes made by Business owners with tax issues or in need of working capital?
- How are Hard Money loans underwritten?
- What is the difference between Hard Money and Stated Commercial products?
- Where can I learn more about Fairview Commercial Lending?
- How do I get a loan through Fairview Commercial Lending?
- What types of property can be used for Hard Money Commercial Loans?
Fairview has recently funded over forty million dollars in transactions to help commercial real estate owners resolve various tax issues (local, state, payroll, federal, etc..). We are experts in resolving complex business cash flow issues through the use of real estate financing. This in depth knowledge allows us to both understand and appreciate the intricacies of each deal. Call Fairview today to see why we are the leading private lender for real estate and various business tax issues.
