WHAT WE DO
Phoenix Commercial Finance Co has more than 20 years of experience in the commercial lending field. With the background of a CPA, we can make quick, accurate assessments about your company and its capabilities to acquire new debt and maintain debt service. We connect businesses like yours throughout the United States with the lender that will allow you to achieve your financial goals. Our clients come from all over the country, from turn downs at banks, referrals from prior customers and from a network of connected people. We can work with anyone who has a business financial need.
We Can Help You With:
- Commercial Financing
- Real Estate Loans
- Inventory Financing
- Bridge Financing
- SBA Financing
- AR Financing
- Cash Advances
- And More
We offer a creative mix of connections to finance companies that are generally funded through private capital, insurance companies and others. These are not private investors but funds that are managed by prudent fund managers that make loans to the business.
Real Estate Loans
We have multiple sources that fund commercial real estate loans with more traditional terms. These will vary in terms and rates depending on the situation. They normally fund within 30 to 45 days. These loans are available for a variety of commercial real estate purchases, including multifamily, mixed use, retail, assisted living, medical office, shopping centers and selective hotel properties nationwide and internationally. Industrial properties that are owner occupied are a plus. Our portfolio lenders, which are finance companies that are funded by high-net-worth investors, regional banks, Wall Street conduits and insurance companies, provide this creative real estate financing.
The cost of buying inventory to cover a project can often exceed available cash. Phoenix can find the lender that will provide the cash to get the materials to complete the order. Funding for the labor components can also be provided.
We have sources that can fund commercial real estate loans that don't meet bank standards in today's market and for borrowers who don't have the patience to wait. These can fund within 10 days.
The US Small Business Administration (SBA) is allowing many creative things to be done with the SBA guaranty programs. There are refinancing capabilities with the 504 program and many avenues for 7a. The issue … finding the lender. SBA does not directly provide business loans. Instead, a number of conventional lenders and Certified Development Companies (CDCs) put up the money, the distribution and facilitation of which is handled through the 504 program. Phoenix has a cadre of lenders that have varied interests. We connect the business owner to those sources to get the advantage of SBA loans.
A business runs on cash, and oftentimes the cash gets tied up in the accounts receivable. In general, financing sources will view these expected payments as liquid assets, which is why they are usually more than happy to advance funds against the future payment. The interest is the accounts receivable as the asset to be pledged. The lenders in our network are not that concerned about the company’s profit loss history and will, in most cases, advance on the account. Again, this goes beyond the norm in the traditional banking world.
Many times a business has a very short-term need and doesn’t have the ability to pledge assets. We have several avenues to look for this cash in the form of a line of credit, bank balance loan or credit card receivable loan. These companies look strictly at the cash flow of the business to determine the funds for which the business qualifies. The loan is unsecured.