Featured Loan Transactions

Turn paper into cash
This transaction is an example of how a note can be turned into cash with private money funds. Seven years ago, our client sold a free standing night club building located in a commercial district allowing live concerts indoors year round and outdoors during the summer months. The new owner was unable to finance the purchase through conventional lending sources so our client agreed to carry the note. After doing so for seven years, our client wanted to pursue new investment opportunities but needed the cash that was tied up in the note he was carrying on the nightclub. NMC Funding Group, LLC acquired the Note and Deed of Trust for $276,000 providing our client with his funds to pursue new ventures.

Bridge a temporary need
Our client was a tenant of two industrial buildings who received a purchase option for the buildings as part of a legal settlement. He had an owner/user buyer willing to purchase the buildings via a bank loan and allow our client to  continue to occupy one of the buildings at a specified rent and term. NMC Funding Group provided a $3,500,000 bridge loan to our client to purchase the building, clean up outstanding liens on the property and create an interest reserve for monthly payments until the second sale could take place. We funded the loan and the second buyer performed within 6 months. Our client made a good profit on the transaction and structured a long term lease for his company. NMC Funding Group, LLC provided value by funding the purchase opportunity where other lending institutions would not.

Access equity through refinance
Our client was a business owner who occupied a portion of his own building which he owned free and clear of debt. His credit scores were below acceptable levels for conventional lending sources and his business wasn’t performing at a level required by most traditional lenders. NMC Funding analyzed the property and found the building to be well located and with good, long term tenants. In accordance with our client’s objectives, we were able to place modest debt on the building via a short term loan for $600,000 within 10 business days of our client’s request.