astern Capital Lowers Interest Rates and Terms Again For All Private Commercial Lending Projects
Eastern Capital, In an attempt to keep funds flowing with the Private Commercial Lending sector, a special Board of Directors meeting was recently held at Eastern Capital’s headquarters in Atlanta where new special lending terms and lower interest rates have been formally announced which will have a dramatic and immediate impact for commercial real estate projects nationwide in need of funding.
Eastern Capital, found on the web at Eastern-Cap.com, has announced that it feels we have not hit the bottom of the commercial real estate market and will do everything in its power to help the market recover.
“Our goal is not to leave the market and enter again when it is safe. As many passive investors have, we have to stay in and help those who allow us to help them. The board has decided to extend all terms and lower the interest rates across the board. While these rates are attractive, these are not stabilized loans. The board will make it clear to every potential applicant that a 30% return on any money extended by Eastern Capital must be verifiable Our return can be through payments, sell trough’s, preferred stock options, and other creative, yet tangible repayment method(s) Eastern Capital will remain in the market and weather this financial storm right along with its clients both potential and present. “says Eastern Capital’s Senior Member
“We have seen Eastern Capital fund and help many new commercial real estate projects, when there were simply no other funding options. In this market, that’s very admirable. “says MortgageTrends and RealEstatePro News which are published by VerticalMail
Paying careful attention to the economy and the needs of today’s commercial borrowers, Eastern Capital has carefully crafted its lending programs and guidelines to be conducive to getting its clients commercial real estate projects rapidly funded and underway, rather than flounder and fizzle out in the underwriting process. This streamlined, fast-track lending approach has resulted in stellar results and rapid growth for many Eastern Capital clients who simply could not get the answers, or funding needed, for their projects elsewhere.
“Our team often hears sighs of relief from our new clients, stating that our commercial lending services are exactly the kind of programs that they were looking for- especially by those whose projects became recently derailed because of the lack of conventional real estate funding and current economic conditions. Our services allow our clients to focus on their business with confidence in knowing that our highly proficient, customer-centric oriented lending team is never more than a mouse-click or phone call away. We truly want our clients projects to fund rapidly and launch successfully and do our part in helping the economy recover as quickly as possible.” says the Eastern Capital Board of Directors
Even better, Eastern Capital plans to expand it’s offerings by making several more unique Private commercial lending programs available in the near future and by being ahead of the game in regards to it’s technology, make sense underwriting and streamlined due-diligence process.
When it comes to getting a commercial real estate project funded in today’s economy, Eastern Capital is here to stay.
Learn more about Eastern Capital Here or by calling (855) 505-0508
About Eastern Capital
Eastern Capital. and its partners is an established portfolio lender for commercial real estate loans offering attractive financing solutions and pricing for unconventional and hard-to-place real estate loans across all 50 states.