Commercial Loan Broker - Loan Officer

Investment real estate has been the preference of many investors seeking capital appreciation in prosperous times and capital preservation during adverse economic conditions. Carefully selected income producing real estate has consistently provided attractive returns through knowledgeable management. Few investors have the time and money to do this efficiently and choose to form a partnership.

Real estate partnering allows investors to leverage resources with others who share similar investment goals,  sharing directly in the benefits of owning larger, diversified real estate portfolios. Partnering also limits personal liability and maximizes Return on Investment (ROI).

The Fernandez Group (FZG) continues to build on its 14+ years in the loan origination industry. Originating commercial loans through a strategic partnership with Commercial Capital Ltd, FZG will broker commercial capital to small – medium businesses and real estate investors locally and regionally.

Local Banks Can’t Touch Our Speed?

SPEED is the name of the game.  Sometimes you have clients who just need to close fast.  We can get the deals done QUICK, just check out these two closings…

Investor Refinance of a $1.2 million loan on a retail shopping center.  The client came to us after being denied by a local bank.  The note was due and the lender was willing to extend it on an adjustable loan but this borrower wanted a low fixed rate.  We closed her in 34 calendar days from app to closing BUT, she took 4 days to sign the commitment letter.  We could have closed this in 30 days!   We did this with our IN-HOUSE LENDING PROGRAM.   That was with a new appraisal, inspections, everything.  Her Rate? 5.9 fixed for 5 years.  

The borrower said at the closing, “Thank you SOOO much.  Orlando said I would be in good hands”.  If the borrower won’t hesitate, we can close conventional loans with great rates in 30 days consistently on our in-house program.

Discounted Note Deal closed in 8 days!  Sometimes people don’t have 30 days.  This guy was going to lose the property if he did not close by Wednesday.  The lender was calling the note and offered a deep discount if he would pay it off by a certain date-otherwise, they would execute the foreclosure.  He signed our agreement on Monday, March 28.  We ordered a quick review appraisal on the spot and had the file closed the following Wednesday-in just 8 business days through our private money fund.  This fund will look at any type of property as long as the deal makes sense.  It must be RE based, and we won’t go above 65% LTV but we can close lightning quick.  This borrower got $500,000 off on his note by closing on time and saved his property to boot!

The broker who sent the deal said, “Ernie called & is thrilled at how well everything went with the closing. He couldn’t thank me enough for getting this done in such a short time period. He now believes that I have the ability to get loans closed & will be sending referrals over my way.”   Closings beget more closings!

If you have a loan that needs to close quickly, or you know of someone who needs to close quickly, give me a call.  Our in-house lending and our private money fund are closing loans and fast. Call me today (888) 890-2416 or email at info@thefernandezgroup.com.

Perry Fernandez

P.S. We are closing commercial loans of all types, from the new High LTV 504 Refinances that can allow commercial refinances to 90% LTV all the way to private money transactions for people with “issues”, we can get them done!  Call me today at (888) 890-2416 for help for you or someone you know-we have money to lend!

The Acquisition:
The Gilroy center, of which 325,431 square feet is owned, generates annual net operating income of approximately $5.3 million, according to Excel. The property is anchored by Target (non-owned), Kohl’s, Sports Authority, Ross Dress For Less, Bed Bath & Beyond, Michaels, and PetSmart and is currently 99% leased. There are also a variety of restaurants surrounding the center such as, Mama Mia’s, Tung Kee, Carino’s Italian and Panera Bread. My kids love the treats (cookies) at Panera Bread.

Buyer Profile:
Excel Trust, Inc. is a retail focused real estate investment trust that targets value oriented community and power centers, grocery anchored neighborhood centers and freestanding retail properties. Excel Trust trades publicly on the NYSE under the symbol EXL. The current management team has over 30 years of experience in the real estate sector having overseen more than $4 billion in retail related acquisitions and developments.

Financing:
Using a combination of cash and shares, Excel assumed the existing mortgage of approximately $48.0 million which bears interest at 5.01%.

The Location:
The property is adjacent to Highway 101 in Gilroy, one of the fastest growing communities in the Silicon Valley. The city’s proximity to Silicon Valley and the Bay Area, as well as excellent access to housing and transportation, gives Gilroy a location advantage for growing industries.

Santa Clara County is a major employment center for the region, providing more than a quarter of all jobs in the Bay Area. Built in 2004, Gilroy Crossing is in a trade area with an average household income within a 3-mile radius is $91,420.

As a frequent patron of the Gilroy Crossing Center, I hope new ownership will result in continued growth and expansion for the city of Gilroy.

A division of the largest commercial capital brokerages in the U.S., The Fernandez Group specializes in commercial real estate capital. The Fernandez Group provides commercial capital nationwide, supported by 100’s of proven commercial capital sources, aggressively financing in today’s environment. Contact us about your commercial capital requirements at (888) 890-2416 or email us at info@thefernandezgroup.com | http://thefernandezgroup.com

For sure, it may not hit all the P90X mineral and nutrient levels, but it didn’t matter, the tacos combined with whatever meat meals someone else brought always seemed to go down better when you’re surrounded by Godly men in pursuit of something more and anticipating a word of direction for their lives.

For the past several weeks, the discussions at these “Band of Brothers – Meat Only Potlucks” have been centered around Dr. Myles Munroe’s book on “Vision” –  The Power of Vision, Being Directed by a Clear Vision, Your Potential in the Vision.

As men, we all need to have a vision for ourselves, our family and our business. From Stephen Covey’s book, The 7 Habits of Highly Effective People, Habit #2 is “Beginning with the End in Mind”, having a clear vision of what we want to accomplish, or better yet, having clarity as to our purpose.

I wanted to share some of my notes about our discussion last night.

Jesus said…I must be about my Father’s business (Luke 2:49)….for this purpose I have been sent (Luke 4:43)…I have finished the work which You have Given Me (John 17:4)

We must be directed by a clear vision by asking ourselves the burning questions that open us up to those mysterious answers awaiting to be confirmed by our inner desires, such as, What is it I want? (Neh 2:4)…Why was I born?

To have a vision, we must choose where we want to go in life and then be Decisive and Faithful in carrying it out. However, in order to find your vision, you must be in touch with the values and priorities of The Kingdom of God.

Just as important, we have to know our potential for fulfilling vision. Now to him who is able to do immeasurably more that all we ask or imagine, according to his power that is at work with us (Eph 3:20)

Remember that whatever we were born to do, we are equipped to do. And we must come into awareness of our potential. For God will never call us to an assignment without giving us the provision of accomplishing it. Don’t ever allow anyone else to judge your potential.

Ultimately, dreams are given to us to draw out what’s already inside us and to activate God’s power in enabling us to achieve our visions.  Our ability to accomplish our vision is manifested when we say Yes to our dream and Obey God.

If you are in search of your Vision and happen to be in the Silicon Valley Area, Ca, I encourage you to attend a Band of Brothers event.  Email me for more information at perry@thefernandezgroup.com.

The Fernandez Group has a passion for creating solutions needed to improve the local economy and America. We believe that improving the economy by job creation comes from local entrepreneurs and investors having a clear vision. To learn more about how we can help stimulate the economy from our commercial capital services, please contact us at info@thefernandezgroup.com or call us at 888.890.2416.

Alternative Fuel for Small Business

Don’t let the banks decide your business’s future. Take control of your future with a merchant cash advance. Even if you’ve been turned down by the bank, you can still qualify for this alternative fuel for small business.

Use the Money to:

• Expansion / Renovation
• Marketing & Advertising
• Buy New Location
• Increase Inventory
• Buy Equipment
• Make Repairs / Facility Upgrades
• Avoid Taking on a Partner
• Buy-Out Existing Partner
• Recapture Your Invested Capital
• Catch up on Bills or Taxes

Advantages

• No Income or Asset Verification Needed
• No Personal Guaranty Required
• No Collateral
• Fast Easy Application Process
• No Application or Closing Fees
• Good Credit not required
• Merchant Processor Change not necessary
• Flexible Repayment
• Meet Your Goals to Grow Business
• Tax Deductible

Things you should know about getting a merchant cash advance

How much is the interest on this? This is not an interest based loan, we provide a cash advance to you based on your past credit card receivables. The advance is repaid through a small percentage of each credit card transaction which accumulate to repay the funds that were advanced to you.

How does the payback work? In comparison to a bank loan which requires a fixed payment every month regardless of how your business performed that month, the pay back on a merchant cash advance, is accomplished by taking a small daily percentage of your future visa / master card sales. The business pays more towards the advance on its good days and less on its bad days.

Give me an idea of the payback? We cannot provide you any realistic numbers without analyzing your last 6 months of merchant statements. Every industry is different and every merchant is unique.

Bank vs. Credit Cash Advance: If you qualify for a bank loan, you will be personally responsible for the loan. If your business slows down because of unforeseen circumstances like equipment problem, flood, and earthquake and so on, the bank is still going to want their payment. But with a merchant cash advance, if your business slows down for any reason, your payments adjust down accordingly.

How does the money get to me? It is directly wired to your bank account of choice.

Do I have to change processors? In most cases, but not all. We will beat or meet the rates you are paying now. The process is very simple and takes only minutes.

How long does the whole process take? From the time we get your completed application and the necessary documents, less than 2 weeks.

What paper work would you need? A 1 page application, recent 6 months of your merchant account statements, a copy of your driver’s license, the first page of your business bank statement, a copy of your business license,  and a voided check of the account you want the funds to be wired into.

I am paying a very low rate for processing; will my rates stay the same? Absolutely nothing changes with your rates. We will match it exactly and/or lower it anywhere we can.

Can I pay the loan back early? Yes. At any time you may pay off the remainder of the note that you signed for.

Tell me about your processor? First American Payment Systems is one of the largest credit card processors in the country. They offer the best rates in North America.

The Fernandez Group is always looking to help our clients improve their business. Through our strategic partners, we can help you acquire business services from industry experts.

We provide invaluable services to small to mid-sized merchants throughout the United States. As a leading provider of working capital and related products, The Fernandez Group gives hard-working merchants access to cash for growth, improvement and the occasional short fall. Contact us at 1(888) 890-2416 or email us at info@thefernandezgroup.com

For more details CLICK HERE

Commercial Foreclosures Up 500%

“Hang on for the ride”, was the mantra at a recent conference I attended regarding commercial real estate investing.

As thrilling as the opportunity might sound, I wanted more insight as to what all the HYPE was about in commercial real estate investing, so I decided to jot down some notes that struck a chord.

BUT IS IT ALL HYPE? You be the Judge…

Over the last decade many commercial property owners took advantage of the flexible lending environment, financing their dreams with highly leveraged, short to mid-term loans, anticipating quick future appreciation. But with the dramatic change in the economy and property values decreasing, the possibilities of refinancing are now slim to none.

The Big Wave is coming…property owners can’t refinance, can’t sell, where more and more banks are forced to work with the owners. It’s anticipated that over the next 18-24 months, everything will be on sale…

For those looking to CASH IN on the FIRE SALE…

Here are 7 Deadly Sins to Avoid in Commercial:

1. Paying too much for the property
2. Not enough cash equity for the investment
3. Lack of initial property due diligence
4. Over leveraging the property
5. Believing you can obtain market rate financing without having skin in the game
6. Waiting until the last possible moment to arrange financing and picking the wrong mortgage broker to provide financing for your project
7. Lack of a solid exit plan

Now that you know what to avoid, here are 6 common types of commercial opportunities:

1. Multi-family
2. Office Space
3. Retail
4. Mixed Use (Lifestyle Communities)
5. Hospitality (Hotels, Hospitals, Self-Storage, Mobile Home Parks)
6. Raw Land

And where do you find these opportunities? well here are 13 tried and true places to find commercial deals:

1. Hard Money Lenders
2. Private Lenders
3. Bank Workout Department
4. Defaulted Commercial Paper
5. CCIM Realtors, Brokers
6. REIC (Real Estate Investment Club)
7. Attorneys (BK, Probate)
8. Courthouse
9. Internet Search
10. Apartment Association
11. Letters to Owners
12. Distressed Properties
13. Networking Groups

Find the Help You Need! Sign up with us for VIP access to our HOTTEST DEALS…

At The Fernandez Group, we specialize in buying investment property. We are the premier real estate investment company in the Silicon Valley market. The type of properties we buy range from residential to commercial handymen’s specials, REO’s to pre-foreclosures. Our mission is to develop a list of clients who rely on our team for 100% of their purchases. If you would like for us to consider adding you to our current buyers list, please contact us at (888) 890-2416 or email us at info@thefernandezgroup.com

HR 5297 passed the Senate last week.  This Bill is HUGE for small businesses and the economy.

So here is a super quick rundown of just some of the benefits and what they mean to businesses, focusing on a few of the HUGE changes to SBA and commercial lending and what they mean to the marketplace and the economy.

• Increase of the guarantee on the SBA 7A loan from 75% to 90%.

• Increase the SBA loan limits on the 7A loan from $2 million to $5 Million and on the 504 loan from $1.5 Million to $5.5 million.

• Allows refinancing on the 504 Loan Program – THIS IS A GAME CHANGER.

• Waive the SBA fees – Generally 2% of the loan amount, these fees are now waived until the end of the year.  This makes it cheaper to do these loans and saves borrowers thousands.

The benefits of the Bill will be felt for years to come.  Small businesses are the backbone of this country and by freeing up the credit available to them, by allowing them to consolidate and save money, by allowing the better run businesses and the larger businesses access to capital, we will see an increase in jobs, in revenue, and ultimately, in the economy.

As for us, we are about to get really busy writing up these loans for these hard working small business owners that are the engine of growth in this economy!

Here is what our commercial funding sources have recently closed:

• Firehouse Subs Franchise – Loan Amount: $ 270,000 – Location: Louisville, KY
• Self- Directed IRA Financing – Loan Amount: $118,000 – Location: Noblesville, IN
• Firehouse Subs Franchise – Loan Amount: $ 272,000 – Location: Missouri
• Self- Directed IRA Financing – Loan Amount: $ 172,122 – Location: Rehoboth Beach, DE
• Multi-Family Purchase – Loan Amount: $1,650,000 – Location: Washington State
• Self-Storage Facility Purchase – Loan Amount: $400,000 – Location: Georgetown, DE
• Securities Financing – Loan Amount: $3,000,000 – Sandwich, IL
• Retail Cash-Out Refinance – Loan Amount: $250,000 – Location:  Hamden, CT
• Office/Warehouse Refinance – Loan Amount: $350,000 – Location: Davie, FL
• Self- Directed IRA Financing – Loan Amount: $ 1,284,572 – Location: Bonita Springs, FL
• Office Business Acquisition – Loan Amount: $1,780,000 – Location: Fort Wayne, IN
• SBA Purchase – Loan Amount: $1,193,000 – Location: Bonita Springs, FL
• Multi-Family Refinance – Loan Amount: $250,000 – Location: Crestwood, IL
• Self- Directed IRA Financing – Loan Amount: $104,757 – Location: Brookhaven, PA
• (4) Burger King Franchises Purchases – Loan Amount: $2,640,000 – Location: Louisville, KY
• Ofc Purchase/Imprv/Working Capital – Loan Amount: $874,000 – Location: Allentown, PA
• Commercial Business LOC – Loan Amount: $750,000 – Location: Porterville, CA
• Firehouse Subs Franchise – Loan Amount: $ 290,000 – Location: Columbus, OH

If there is a commercial finance scenario that you would like for us to review, contact us at info@thefernandezgroup.com or call our office at (888) 890-2416.

No Dream is Too Big!

Perry Fernandez

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Principle-Centered Planning

You may have heard the expression, “Rome wasn’t built in a day.” Well, Rome wasn’t built on accident, either. The coliseum, the pantheon, Saint Peter’s basilica… these architectural marvels weren’t the offspring of happenstance. They were created only after architects had spent countless hours developing blueprints of the buildings’ foundations and structural frameworks.

A blueprint, as the outline of the building plan, is a vitally important document. Even so, the blueprint only represents a small step in the planning process. Before a building can be constructed, its planners must also budget expenses, consider what raw materials to use, and determine how to recruit labor. A good building plan starts with a blueprint, but extends far beyond it.

7 Principles to Guide Your Planning Process and Help you Achieve Your Dreams

It’s hard to achieve anything consequential without a written plan. However, putting a plan on paper isn’t enough. Regardless of how thorough, concrete, or ingenious a plan may be, it won’t happen unless additional ingredients are injected into the planning process. In my experience, I’ve observed seven principles that are absolutely critical to successful planning.

1) The Principle of Passion
When we’re passionless, we procrastinate on the plan or burnout trying to execute it. With passion, we approach our plans with excitement and a sense of urgency. Passion gives planning energy. Passion also gives planning focus. As Tim Redmond says, “There are many things that will catch my eye, but there are only a few things that will catch my heart. It is those I consider to pursue.” Passion narrows our vision so that the plan dominates our attention and distractions fade into the background.

2) The Principle of Creativity
Of the seven planning principles, we violate the principle of creativity the most. By gravitating to concreteness, we sacrifice creativity. We settle for what’s easy to wrap our minds around, and we neglect to wrestle with harder, more difficult dilemmas. I’m convinced that leaders are too busy doing to think and provide ideas. Even the rare leaders who think creatively often neglect to encourage the people around them to do the same. Consequently, a majority of teams rely on one person for creative thought and end up starved for good ideas.

3) The Principle of Influence
When you prepare your plans, ask yourself the question, “Am I able to influence the resources needed to fulfill my planning and mission?” To accomplish your plan, you’ll need influence over people, finances, and your schedule. The support of people, especially other influencers, can make or break your plan. Make a priority to build relationships with them. In particular, find the key to their lives by learning what matters most to them. If you continually add value to the influencers around you in meaningful ways, then you’ll be more likely to receive their assistance when you need it.

4) The Principle of Priorities
I’m amazed by the amount of people who begin to plan their careers before taking the time to prioritize their lives. You have no right, nor any reason, to start planning your life until you know what you’re living for and what you’re willing to die for. It’s important to find your purpose so that you run, not on the fast track, but on your track. The key to a prioritized life is concentration followed by elimination. As Peter Drucker observed, “Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration. Our motto seems to be, let’s do a little bit of everything.” We must cease to dabble in everything before we can become excellent at anything.

5) The Principle of Flexibility
In leadership, be mentally prepared that not everything will go according to your plans. Then, when plans unfold unexpectedly, you’ll be prepared to see new opportunities. Some of the best things I’ve received in life have been surprises that I could never have planned in advance. When plans go awry, don’t just stand there. By staying in motion, you create movement. Be resourceful enough to improvise when circumstances push you off course.

6) The Principle of Timing
I credit Robert Schuller for teaching me a lesson about timing-the peak-to-peak principle. Most of the time, our decisions are based on our emotional environment rather than reality. When we’re in the valleys of life, we don’t see clearly. Our perspective is limited, and all we see are the problems around us. In the valleys we make decisions, not to better ourselves, but to escape our problems. Never make a major decision in the valleys. Wait until you get to the peak where you can see clearer and farther. By reserving big choices for the peaks, you’ll avoid making rash decisions that you’ll regret later.

7) The Principle of Teamwork
A worthwhile plan ought to be bigger than your abilities. You shouldn’t be able to accomplish it alone. Each of us has areas of weakness, blind spots, and shortcomings. Unless we rely on a team to help us, our plans succumb to our personal limitations. A sign in Coach Bill Parcells’ office stated his philosophy plainly, “Individuals play the game but teams win championships.” What we can do alone pales in comparison to the potential we have when we work together.

Review
Putting a plan on paper is easy; putting a plan into practice takes leadership. I trust these seven principles will aid your efforts to translate written plans into reality. Let’s review them:

1) The Principle of Passion

2) The Principle of Creativity

3) The Principle of Influence

4) The Principle of Priorities

5) The Principle of Flexibility

6) The Principle of Timing

7) The Principle of Teamwork

About

John C. Maxwell is an internationally recognized leadership expert, speaker, and author who has sold over 16 million books. EQUIP, the organization he founded has trained more than 2 million leaders worldwide. Every year he speaks to Fortune 500 companies, international government leaders, and audiences as diverse as the United States Military Academy at West Point, the National Football League, and ambassadors at the United Nations. A New York Times, Wall Street Journal, and Business Week best-selling author, Maxwell was named the World’s Top Leadership Guru by Leadershipgurus.net. He was also one of only 25 authors and artists named to Amazon.com’s 10th Anniversary Hall of Fame. Three of his books, The 21 Irrefutable Laws of Leadership, Developing the Leader Within You, and The 21 Indispensable Qualities of a Leader have each sold over a million copies.

You see, I am more than just a commercial loan officer, I am a valuable asset that can help you plan a great year.  Just give me a call today at 888-890-2416.

Go the Distance!

Perry Fernandez

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