SUCCESS FUNDING | Essencap

2021 Success Funding

Provided $2,000,000 construction financing on House of God (Church) property in Elmont, NY

Provided $350,000 purchase financing on a single-family investment property in Kissimmee, FL

Provided $1,900,000 purchase financing on a single-family investment property in Old Westbury, NY

Provided $2,425,000 purchasing project financing convert a Pier 1 store to a bakery business with rental units, Huntingtown Station, NY

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Provided $135,000 purchase financing on a single-family investment property in Philadelphia, PA.

Provided $1,450,000 purchase financing on a six-family investment property in Kearny, NJ.

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Provided $573,000 construction financing on a single-family investment property in Westbury, NY

Provided cash out $330,000 refinance on a single-family investment property in Coraopolis, PA

Provided $550,000 refinancing on a commercial kitchen property in North Bergen, NJ

Provided $580,000 refinancing on a single-family investment property in Oyster Bay, NY

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Provided $220,000 purchase financing on a single-family investment property in Philadelphia, PA.

Provided $1,300,000 purchase financing on a four-family investment property in Morristown, NJ. 30-year fixed-rate, 3 weeks closing, 80% Loan to Value.

Provided $755,000 purchase financing on a single-family investment property in Far Rockaway, NY

Provided $186,000 purchase financing on a single-family investment property in Philadelphia, PA

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Provided $1,500,000 purchase financing on a commercial parking facility / office building in Long Island City, NY

Provided $1,350,000 refinancing on a six-family with 3 retail store investment property in Somerset, NJ

Provided $245,900 purchase financing on a single-family investment property in Lexington, Ky

Provided $161,000 purchase financing on a single-family investment property in Philadelphia, PA. 30-year fixed-rate, 3 weeks closing, 80% Loan to Value.

2020 Success Funding

Provided $790,000 purchase financing for three-family investment property in North Bergen, NJ. 30-year fixed-rate, 3 weeks closing, 80% Loan to Value.

Provided $1,916,000 funding for commercial retail investment condos in College Point, Queens, NY. Vacant unit no lease required.

Provided SBA 7a purchase financing for $180,000 commercial property in Montgomery, NY. Business owner-occupant space as a beauty salon and school.

Provided funding for $390,000 investor purchase in Kent, WA, 75% Loan To Value. Kent, WA

Provided cash out refinancing of $900,000 strip mall in Erie, PA

Provided a 1.9 million five family apartment building purchase loan in Astoria, Queens, NY. Two story with gross area of 3,258 square feet.

Closed $1.9 million 14 units apartment building purchase loan in New Brunswick, NJ. Two-story building with a 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.

Provided $185,000 purchase financing for single-family investment property in Philadelphia, PA. 30-year fixed-rate, 3 weeks closing, 80% Loan to Value.

Provided $1,700,000 refinancing on six-family in Astoria, Queens, NY.

Provide a cash-out refinancing on a $2.5 million mixed property in Bushwick, Brooklyn, NY

Provided funding for $118,000 investor purchase in Lexington KY 75% Loan To Value.

Provided a cash out refinancing of $1,300,000 six family apartment building in East Flatbush, Brooklyn, NY

Provided $950,000 Plastic Surgeon start-up capital. The business location is in Syosset, NY. Traditional financing without real estate as collateral at a fixed ten years term.

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% purchase loan plus $220,000 renovation loan.

Provided $168,000 purchase financing for single-family investment property in Philadelphia, PA. 30-year fixed-rate, 3 weeks closing, 80% Loan to Value.

Provided $203,000 purchase financing for single-family investment property in Bloomingdale, IL. 30-year fixed-rate, 3 weeks closing, 80% Loan to Value.

Provided funding for 3 properties portfolio loan in Atlantic City, NJ for an investor $390,000 purchase price, 80% Loan To Value.

Provided a cash out refinancing on a $1,490,000 mixed property in Midwood, Brooklyn, NY

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.

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.

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.

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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 was established 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.

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