Equity
Program #LG441
Program #LG441
![Nectar](https://lendding.com/wp-content/uploads/2024/09/2087398000074934001_accounts_photo.png)
Summary of all Guidelines | |
Loan Types | Equity |
Property Types | Assisted Living, Hotel, Motel, Multi Family, Self-Storage, SFR, Student Housing |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $100,000 |
Loan amount Maximum | $2,000,000 |
General Pricing or Guideline info | Nectar provides fast financing for commercial real estate investors to fund pursuit costs, expansion, property renovations, CRE purchases, and/or cash out on properties you own. Use it for GAP funding or even refinancing high-cost debt. With our upfront equity financing, there are no property liens and no mortgages. You can also leverage a cash flow-positive entity and infuse that capital into a lower-performing or brand-new entity. To get started, your clients must provide the following*: ➡️ You must have cash-flowing real estate ➡️ Provide a T12 monthly profit and loss (P&L) ➡️ Include debt service and all expenses on the P&L ➡️ Established business entity and business bank account * Mortgage must be current. New appraisals are not required We specifically serve experienced commercial real estate owners and operators in the multifamily, short and long-term rental, assisted living facility, student housing, hotel & motels, and storage facility spaces who have stabilized cash-flowing assets. We provide an advance on your monthly net cash flow without requiring you to give up equity. The benefits: ✅ 7 to 21 day close ✅ No origination fee ✅ Keep your equity ✅ Flexible capital ✅ Set monthly payments ✅ No impact to personal credit or DTI ✅ No Mortgage liens on properties ✅ No tradelines on credit report ✅ Up to a 5-year term as long as 5+ years left on the mortgage term Once they repay their advance, we go away—and your client keep all of the upside from their properties. |
Updated as of | 2022-01-01 |
Nectar provides fast financing for commercial real estate investors to fund pursuit costs, expansion, property renovations, CRE purchases, and/or cash out on properties you own. Use it for GAP funding or even refinancing high-cost debt. With our upfront equity financing, there are no property liens and no mortgages. You can also leverage a cash flow-positive entity and infuse that capital into a lower-performing or brand-new entity.
To get started, your clients must provide the following*:
➡️ You must have cash-flowing real estate
➡️ Provide a T12 monthly profit and loss (P&L)
➡️ Include debt service and all expenses on the P&L
➡️ Established business entity and business bank account
* Mortgage must be current. New appraisals are not required
We specifically serve experienced commercial real estate owners and operators in the multifamily, short and long-term rental, assisted living facility, student housing, hotel & motels, and storage facility spaces who have stabilized cash-flowing assets. We provide an advance on your monthly net cash flow without requiring you to give up equity.
The benefits:
✅ 7 to 21 day close
✅ No origination fee
✅ Keep your equity
✅ Flexible capital
✅ Set monthly payments
✅ No impact to personal credit or DTI
✅ No Mortgage liens on properties
✅ No tradelines on credit report
✅ Up to a 5-year term as long as 5+ years left on the mortgage term
Once they repay their advance, we go away—and your client keep all of the upside from their properties.
These descriptions are limited information and meant for general reference purposes.- Jessica Singer
Director of Marketing and Originations