THE CLIENT

In South Central New Jersey, there’s an award-winning general contracting company that is truly “full-service.” Offering complete design and building services, they have experience with everything from new home construction to remodeling and renovation. They’ll find and procure the land you need and then tackle the landscaping.

After four years in business, they targeted a new geographic market in which to expand. The business owners chose a promising area and found an office building that would be perfect for their new location… now they just needed financing for the purchase. Of course, they needed the funding fast – in less than eight weeks.

THE CLIENT’S CHALLENGE

Because of the tight timeframe, the business owners were anxious about finding a commercial mortgage lender quickly – but that didn’t mean they weren’t going to settle for just any lender. Along with needing a quick turn time, the business owners wanted a loan that included a truly competitive rate and flexible terms to work directly with the lender, rather than work through a broker.

The business owners used an online financial technology platform to shop for a commercial mortgage provider – sending their information to a large number of different lenders. That made it easy to have options, but then they had the challenge of choosing the right one.

THE APEX COMMERCIAL CAPITAL SOLUTION

$100,750 • Commercial mortgage • Closed in just six weeks

Apex Commercial Capital received the contractors’ information through Janover, an online marketplace for commercial financial services. Working directly with the borrower, without a broker acting as a middle-person, Apex Commercial Capital was able to offer an extremely competitive loan structure – in fact, it included the most competitive terms of any the borrowers were offered.

Apex Commercial Capital’s streamlined process also gave the contractors the best option as far as timing. The loan was approved and closed in just six weeks, well within the borrower’s tight timeframe.

FINAL RESULTS

The commercial mortgage from Apex Commercial Capital allowed the contractors to purchase their new office space and expand the business in the targeted market. The new space will increase the company’s visibility, expand its business footprint, and position them for continued growth.

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