Whats funding

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  1. 1. Whats FundingIn Commercial Finance...Chinnici Financial, Commercial FinanceNovember, 2010Website
  2. 2. OverviewAnd Understanding the Market This summary presentation broadly discusses the programs that arefunding. For those who are looking for more detail, such as specific loanrequirements (LTVs, credit scores, etc.) we have that in this presentation. Meanwhile, click to see what programs we are funding, and what we cando for you.
  3. 3. OverviewAnd Understanding the Market At Chinnici Financial, its our personal passion and mission to seebusiness get the loans they need thus keeping the economic engines ofthis great country running. We are accomplishing this, even in thismarket, through our strong relationships with over 350 funding lenders.
  4. 4. OverviewAnd Understanding the Market At Chinnici Financial, its our personal passion and mission to seebusiness get the loans they need thus keeping the economic engines ofthis great country running. We are accomplishing this, even in thismarket, through our strong relationships with over 350 funding lenders. The Marketplace has changed significantly in the past few years. Recentregulations (requiring banks to meet an Asset-to-Loan ratio of 1:1) arecompelling banks to get loans off their books, or they risk Federal take-over.Which is to say that, in large part, local banks are not lending.
  5. 5. OverviewAnd Understanding the Market At Chinnici Financial, its our personal passion and mission to seebusiness get the loans they need thus keeping the economic engines ofthis great country running. We are accomplishing this, even in thismarket, through our strong relationships with over 350 funding lenders. The Marketplace has changed significantly in the past few years. Recentregulations (requiring banks to meet an Asset-to-Loan ratio of 1:1) arecompelling banks to get loans off their books, or they risk Federal take-over.Which is to say that, in large part, local banks are not lending. But with our relationships, plus combining programs through a number ofdifferent sources (traditional banks, SBA, Wall Street, Private Equity, SDIRAand other creative programs), we are able to structure programs from thesmallest to literally, the very largest projects.
  6. 6. OverviewAnd Understanding the Market At Chinnici Financial, its our personal passion and mission to seebusiness get the loans they need thus keeping the economic engines ofthis great country running. We are accomplishing this, even in this market,through our strong relationships with over 350 funding lenders. The Marketplace has changed significantly in the past few years. Recentregulations (requiring banks to meet an Asset-to-Loan ratio of 1:1) arecompelling banks to get loans off their books, or they risk Federal take-over.Which is to say that, in large part, local banks are not lending. But with our relationships, plus combining programs through a number ofdifferent sources (traditional banks, SBA, Wall Street, Private Equity, SDIRAand other creative programs), we are able to structure programs from thesmallest, to literally, the very largest projects. But, some things are easier than others. Which brings us to the first:
  7. 7. Real Estate based programsMultifamily
  8. 8. Multi-familyThese are some of the most attractive programs rightnow, as Government backing provides less risk for fundingbanks.
  9. 9. Multi-familyThese are some of the most attractive programs right now,as Government backing provides less risk for funding banks.Examples Apartment buildings Apartment complexes Mobile Home Parks (East Coast)
  10. 10. Multi-familyThese are some of the most attractive programs rightnow, as Government backing provides less risk for fundingbanks.Examples Benefits include Apartment buildings below $500,000 to above $20mm Apartment complexes High LTVs Mobile Home Parks (East Coast) Low rates (currently at 4%.) Long terms, fully amortizing (30, 35, 40 yrs), Non-recourse
  11. 11. Investment PropertiesOffice, Mixed-use, Retail, etc.
  12. 12. Investment PropertiesInvestment properties encompass a large group ofbusinesses, some of which are owner-occupied (owner-run), and some not:
  13. 13. Investment PropertiesInvestment properties encompass a large group of businesses,some of which are owner-occupied (owner-run), and some not:Examples Office Mixed use Retail Warehouse Light Industrial Self-Storage Strip centers Large Shopping Centers
  14. 14. Investment PropertiesInvestment properties encompass a large group of businesses,some of which are owner-occupied (owner-run), and some not:ExamplesBenefits Office Loan amounts to $10mm and above Mixed use Owner-occupied qualifies for SBA Retail LTVs 65%-75% Warehouse Reasonable credit score parameters Light Industrial Bridge loans available. Self-Storage Limited and Non-recourse available. Strip centers Large Shopping Centers
  15. 15. Special Purpose PropertiesRestaurants, Gas Stations
  16. 16. Special Purpose PropertiesUsually a little more difficult, we are still placing these. Owner-occupied are easier:Examples Restaurants Gas Stations Convenience Stores Hotels / Motels Daycare Centers Assisted Living Facilities Dry Cleaners Funeral Homes
  17. 17. Special Purpose PropertiesUsually a little more difficult, we are still placing these. Owner-occupied are easier:ExamplesBenefits Restaurants Loan amounts up to $5mm and above Gas Stations Some qualify for SBA/USDA, with Convenience Storesattractive LTVs; others, 65% Hotels / Motels Reasonable credit score parameters Daycare Centers Assisted Living Facilities Dry Cleaners Funeral Homes
  18. 18. Loan Variations
  19. 19. Variations of loan typesGeneral discussion Simply for discussions sake, within each of the loantypes, are variations of types. We will seek the most attractiveterms, first. Whenever possible, Governmental loans will generally carrythe most attractive terms: These programs include not onlySBA (in both 7a and 504) and USDA, but also other programsrelated to healthcare, apartments with and without rehab, etc. Stated Income programs: Lower LTVs than Full-disclosurebut are still easily funding, based on assets. Conduit Loans, also known as Wall Street, are generallyused for larger loans; and we will often place super largeones, shared by several firms to accomplish the full funding. Hard money, including for land-only (Eastern US.)
  20. 20. Other Commercial ProgramsPart of a Full Suite of Services
  21. 21. Other Commercial ProgramsUnique, and/or used in combination Churches: $25,000 to no maximum. 3.5x tithe. Veryattractive rates over $1mm.
  22. 22. Other Commercial ProgramsUnique, and/or used in combination Churches: $25,000 to no maximum. 3.5x tithe. Veryattractive rates over $1mm. Acquisition/Development: Certain uses can go Governmental(i.e., low rates; good terms.)
  23. 23. Other Commercial ProgramsUnique, and/or used in combination Churches: $25,000 to no maximum. 3.5x tithe. Veryattractive rates over $1mm. Acquisition/Development: Certain uses can go Governmental(i.e., low rates; good terms.) Medical Financing: to 100%. Additionally, have servicedivision that will assist in acquisition or disposal.
  24. 24. Other Commercial ProgramsUnique, and/or used in combination Churches: $25,000 to no maximum. 3.5x tithe. Veryattractive rates over $1mm. Acquisition/Development: Certain uses can go Governmental(i.e., low rates; good terms.) Medical Financing: to 100%. Additionally, have servicedivision that will assist in acquisition or disposal. IRA and/or loans against stock holdings: These are true loanswith ownership of holdings (and appreciation) retained. This isone that you really want to contact me to discuss, as there aresignificant tax advantages that almost all will benefit from.Moreover, these loans are placed quickly with cash in as littleas ten days.
  25. 25. Other Commercial Programs (cont)Unique, and/or used in combination Equipment
  26. 26. Other Commercial Programs (cont)Unique, and/or used in combination Equipment Factoring
  27. 27. Other Commercial Programs (cont)Unique, and/or used in combination Equipment Factoring Credit Card Receivables: Any business utilizing creditcards, may obtain loans quickly against the average use.
  28. 28. Other Commercial Programs (cont)Unique, and/or used in combination Equipment Factoring Credit Card Receivables: Any business utilizing creditcards, may obtain loans quickly against the average use. International Loans
  29. 29. Other Commercial Programs (cont)Unique, and/or used in combination Equipment Factoring Credit Card Receivables: Any business utilizing credit cards,may obtain loans quickly against the average use. International Loans Platform Trades: A unique program for very high-wealthindividuals.
  30. 30. Wrap up:Experience and Relationship.
  31. 31. Experience and Relationship count: Our lending, and our proven relationships with over 350 lenders, arenationwide.
  32. 32. Experience and Relationship count: Our lending, and our proven relationships with over 350 lenders, arenationwide. While the banking environment is contracting, with these relationships, ourlenders are funding. We have knowledge of how to structure the deal for themaximum interest for each specific lenders, matching the deal with thespecific lender appetite.
  33. 33. Experience and Relationship count: Our lending, and our proven relationships with over 350 lenders, arenationwide. While the banking environment is contracting, with these relationships, ourlenders are funding. We have knowledge of how to structure the deal for themaximum interest for each specific lenders, matching the deal with thespecific lender appetite. With this strength of relationship, our deals rise to the top, in a limited-resource environment. Because they trust us to get them done, we are oftenin a first-look situation in a limited-resource environment.
  34. 34. What you can expect from us:
  35. 35. What you can expect from us: Quick screening, and aggressive placement attempt. Peercollaboration for structuring and placement of difficult deals.
  36. 36. What you can expect from us: Quick screening, and aggressive placement attempt. Peercollaboration for structuring and placement of difficult deals. A growing referral network, and reputation: Knowledge.Experience. Speed!
  37. 37. What you can expect from us: Quick screening, and aggressive placement attempt. Peercollaboration for structuring and placement of difficult deals. A growing referral network, and reputation: Knowledge.Experience. Speed! CLOSINGS!
  38. 38. And"Always bear in mind that your ownresolution to succeed is more importantthan any other one thing."Abraham Lincoln
  39. 39. Chinnici FinancialPO Box 15003Sarasota, FL 34277941-539-8855800-297-1196