Phoenix Capital LLC

For more established businesses, longer-term financing solutions are available.

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These are some of its features:​​

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• Collateral: Virtually any combination of real estate may be used as collateral, including residential and
  commercial/industrial properties, parking lots, gas stations, co-ops, mixed use, farms, etc. Unacceptable collateral
  includes raw land, cemeteries, casinos, cannabis farms, and churches/synagogues, etc.

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• Max LTVs & CLTVs: Up to 70% LTV when lender is in first lien position for residential properties. All other property type and/or junior lien positions <65% CLTV; subject to the sole discretion of the underwriter. The final disbursement ofloan proceeds may be approximately 15% less than the loan amount to account for (1) interest payments collected at closing, and (2) origination fees and closing costs.

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 What to provide for new submissions:

• Application

• Real estate owned

• 1-3 months business bank statements

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 Please ask our funding specialists on how you can apply today.

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