2021 Success Funding
2020 Success Funding
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.
2019 Success Funding
Provided cash out refinancing on inhabitable property $500,000 property in Yonkers, 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.
Provided cash out refinancing on a new construction $1,100,000 property in Seaford NY.
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.
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 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.