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2019 Success Funding

Closed a $1,400,000 NNN bank tenant property purchase financing in Monroe, NC.. The subject is a 3,397-square foot, single-story, suburban building.


Provided cash out refinancing on inhabitable property  $500,000 property in Yonkers, NY.


$5,100,000 suburban office and retail building in Glastonbury, CT. Property is a 88,000 square foot, three-story building.


Closed $2,700,000 liquor store business only acquisition in Ridgewood, NY. The business was established over 80 years ago, as one of the oldest liquor stores in Queens, NY. 


Closed $1,600,000 six family apartment building finacing in Bath Beach, Brooklyn, NY.  The subject is a three story, six family 2-bedroom apartment building with 3,400 square feet. 


Refinanced a $1,600,000 mixed used 3,400 square feet building in Elmhurst, Queens, NY. First floor as a 99 cents store and an apartment on the upper floor. 


Closed $1,000,000 new construction four level mixed use retail and apartment building in Sunset Park, Brooklyn, NY.  


Provided cash out refinancing on a new construction $1,100,000 property in Seaford NY.


Closed $1,160,000 two-story mixed use building purchase in Forest Hill, Queens, NY. Operator of sports memorabilia store 2,413 square foot building.


$32,000,000 construction loan in Lower East Side, Manhattan, NY. The plan is to build a 41,093 square feet 14-story mixed-use building.


Provided $600,000 Chinese Dim Sum style restaurant  business expansion loan. The loan assists our client in adding the fifth location build-out. The loan does not require real estate collateral.. 


Provided $2,200,000 start-up restaurant construction loan for 4,000-square foot, two-story suburban building in Grayslake, IL.


Closed $4,100,000 refinancing on an 80 unit apartment building in Summerville.


Closed $1,000,000 mixed used building refinancing in Jamaica, NY. The loan provides the capital for inventory purchase in starting the liquor business.


Refinance $2,700,000 mixed-used building in Crown Heights, Brooklyn, NY. The client owns and operates the laundromat with a low 600 credit score challenge. 


Provided start-up capital of a laundromat  purchase $2,2700,000 in Crown Heights, NY. Essencap successfully arranged an SBA 7a loan to fund the real estate and new equipment purchase.

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