Provided a refinancing of $1,300,000 six family apartment building in East Flatbush, Brooklyn, NY
Provided $950,000 Plastic Surgeon start up capital. Business location is in Syosset, NY. Traditional bank financing without real estate as collateral.
Provided cash out refinancing on 3 family investment property, Newark, NJ. Value at $370,000, provided 80% loan to value.
Provided cash out refinancing on 3 family investment property, Raritan, NJ. Value at $370,000, provided 80% loan to value
Closed on non-habitable single family investment property purchase in Oyster Bay, NY. After Repair Value $550,000, provided 70% loan to value (including $220,000 renovation budget)
Provided a refinancing of $800,000 mixed used building for student housing and restaurant tenant in downtown Onenota, NY
Closed a $1.425 million mixed used building purchase in Forest Hill, NY. Our client operates a comic store on the first level. Great opportunity for our client to build equity.
Provided cash out refinancing on 2 Family investment Property, New Paltz, NY. Value at $385,000, provided 80% loan to value
Closed on $480,000 purchase 2 family investment property, Rockaway Park, NY
Purchase. Provided 80% loan to value
Closed a 1.9 million five family apartment building purchase loan in Astoria, Queens, NY. The subject property is improved with a two story with gross area of 3,258 square feet.
Closed $1.9 million 14 units apartment building purchase loan in New Brunswick, NJ. The subject property is improved with a two story building with gross area of 3,258 square feet.
Provided cash out refinancing on 2 family investment property, New Paltz, NY. Value at $350,000, provided 80% loan to value
Closed an unsecured business $150,000 line of credit for a Japanese restaurant. Business locates as Albertson, NY.
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.
Closed $4,100,000 refinancing on an 80 unit apartment building in Summerville, SC Small Balance Loan (SBL) with FNMA underwriting.
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 low 600 credit score.
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.
Closed $1,000,000 new construction four level mixed use retail and apartment building in Sunset Park, Brooklyn, NY.
$5,100,000 suburban office and retail building in Glastonbury, CT. The subject is a 88,000 square foot, three-story building.
Closed $2,700,000 liquor store business only acquisition in Ridgewood, NY. The business established over 80 year ago, it is one of the oldest liquor store 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.
$2,200,000 start-up restaurant construction loan for 4,000-square foot, two-story suburban building in Grayslake, IL.
$1,160,000 two story mixed use building in Forest Hill, Queens, NY. The subject is a 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..
2018 Success Funding
2 weeks closing refinancing of $2,700,000 mixed used building in Cobble Hill, Brooklyn, NY. No restriction cash out for the borrower invest the capital back to the borrower's cheese manufacturing business.
Fix and Flip loan on $1,200,000 Single Family Investment in Flushing, NY. Essencap arranged a quick 2 weeks closing on 75% of acquisition price plus 100% renovation cost, blended to 97% of purchase price.
Refinanced on a $5,300,000 Land in Lake Ronkonkoma. The tenant entered into a 20 year agreement to build a new gas station.
Closed $1,300,000 Purchase Financing on a Staten Island Warehouse for a handmade cabinets business. Due to rent increase, the borrower decided in owning the real estate. Two weeks closing.
Provided SBA 504 $5,300,000 Gastroenterology Medical Office Purchase in Flushing, NY. Essencap arranged a 90% loan to value to the borrower, hydra 20-year fixed rate loan.
Refinanced a $1,000,000 mixed-use building in Plainview, NJ. Restaurant operator who occupies the ground floor needed the loan for working capital.
Closed SBA 7a for a $2,400,000 Strip Mall Purchase in Smithtown, NY. The real estate is for a beer business where the owner has 30-year experience.
Refinanced on $4,800,000 Day Care Center/School in East Elmhurst, NY. The business establish since 1983 occupies a 3825 Square Foot three-story building.
Refinanced on $4,800,000 Office Building in Bayside, NY. The building is fully occupant by medical, legal, children related professional with access to the Bell Blvd business strip.
Financing on $950,000 Mixed Used Property Purchase in Crown Heights, NY. Borrower is a realtor who has years of experience of managing properties.