Real Estate Investors…
do you need money for your deals?
Kevin S Clark and Clark Capital Group, LLC has teamed up with Asset Based Lending, LLC (ALB) of Hoboken NJ.
We are a direct lender for real estate investors. Here is a summary of our specialized “Fix and Flip” lending program:
Ten business days average time to close (quickest loan closed in 4 days)
Loan sizes $75,000 – $1,000,000
Initial loan-to-cost; 80% to 90% of purchase, up to 60% to 65% of ARV.
Loan term 12 months interest only, no pre-payment penalty
Interest rates = 12% to 14%
Points = 3% to 4%
We FUND Non-Owner Occupied residential (investor only), multifamily, mixed use and new construction
We DO NOT FUND owner occupied residential real estate, loans are made to LLC’s or corporation only
We fund in NJ/Metro NY / Eastern PA / CT
When you have a loan request you want us to consider,
email me a brief summary: [email protected]
We DO NOT fund owner occupied residential properties.