Cressida Capital
SBA Loan | |
Property Types | Assisted Living, Automotive, Bar, Car Wash, Daycare, Entertainment Venue, Funeral Home, Gas Station, Hotel, Industrial, Motel, Office, Restaurant, Retail, Self-Storage, Skilled Nursing, Special-Use, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $500,000 |
Loan amount Maximum | $500,000 |
Interest Rate Minimum | 6% |
Interest Rate Maximum | 9.75% |
Terms | 25 year, 10 year, 30 year |
Credit Score Min | 600 |
Fixed or Adjustable | Fixed |
Long Term Commercial Loan | |
Property Types | 2-4 Units, Automotive, Bar, Church, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Medical Facility, Medical Office, Mixed use, Mobile Home Park, Motel, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior Care - Residential Property, SFR, Shopping Center, Special-Use, Strip Center, Student Housing, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $200,000 |
Loan amount Maximum | $30,000,000 |
Interest Rate Minimum | 8.5% |
Interest Rate Maximum | 12% |
Terms | 30 year |
Credit Score Min | 550 |
Interest Only or Amortized | Amortized and Interest Only Options available |
Lien Position | 1st |
Max Points Charge by Broker | 3 |
Prepayment Penalty | 5,4,3,2,1 |
Fixed or Adjustable | Fixed |
Updated as of | 2024-05-13 |
Summary of all Guidelines | |
Loan Types | Bridge Loan, Commercial Loan, Construction Loan, Hard Money Loan, SBA Loan, Second Mortgage |
Property Types | Assisted Living, Automotive, Commercial, Gas Station, Hotel, Industrial, Land Entitled, Medical Office, Mixed use, Mobile Home Park, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Student Housing, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $250,000 |
Loan amount Maximum | $2,500,000 |
Interest Rate Minimum | 6% |
Points Minimum 1st TD | 1 |
Terms | 3 months, 1 year, 20 year, 30 Years |
Credit Score Min | 630 |
LTV Long Term Rental | 80 |
Rural Acceptable | No Rural |
Cressida Capital was formed with one mission in mind: to provide every client with highly personalized guidance, tailored solutions and the most efficient service in the industry. And to do so with integrity first and foremost.
At Cressida Capital, we recognize that access to capital in these turbulent times can be a monumental undertaking. Providing the best solution for a particular situation takes knowledge and hard work as no two transactions are ever the same.
Our team shares more then two decades of experience in direct real estate lending having closed over $500 million in loans. We have the knowledge and insight to guide you through the entire financing process, from initial review through closing, eliminating costly obstacles that stand in your path. That experience, in all phases of real estate financing, enables us to bring unparalleled creativity and speed to every request.
Drawing from various resources, including commercial banks, family offices, private lenders, Wall Street and government agencies, we offer financing solutions from $250,000 to $100+ million. We have the flexibility and creativity to review and provide solutions for most real estate loan requests. Cressida Capital Corp offers debt financing for almost every purpose — purchase money, cash out, rate and term refinances, restructurings, discounted payoffs, purchase of notes, property improvements, business acquisition, partner buy-outs, etc.
Cressida Capital is located in Los Angeles, California. They offer financing for Bridge Loans, Construction Loans, Hard Money Loans, Commercial Loans, SBA Loans and Second Mortgages. The property type they primarily lend against is Assisted Living, Automotive, Gas Station, Hotel, Industrial, Land Entitled, Medical Office, Mobile Home Park, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Student Housing, Warehouse, Mixed use and Commercial. Their minimum loan amount is $250,000. Their maximum loan amount is $2,500,000. They offer loans for a minimum Term of 3 months. Maximum duration of 3 months;1 year;20 year;30 Years. Although rates can change they are typically lending at a minimum rate of 6%. Points charged are deal specific, but historically have charged a minimum of 1.
These descriptions are limited information and meant for general reference purposes.