[Fredslist] Promo- Top 12 Reasons to Contact Charlie Schreiber at the New York Business Development Corp. for a commercial mortgage

[Charles Schreiber]

7.	Dealing with a specialist in 504 loan financing makes the
experience of buying commercial property simple and hassle-free.  

We specialize in helping your bank to approve a commercial mortgage with
90% financing to you. At 10% down, owning your own commercial space, be
it condo, coop or free standing building, makes sense now. Call me for
the rest of the story........

 

I just wanted to remind all of you that the commercial and industrial
market is still the beneficiary of the Small Business Administration's
504 program to buy, improve or build owner occupied commercial property.
This program is now a great support for the Bankers that wish to make
commercial mortgages to their clients but wish to limit their credit
risk in the present environment. The SBA guaranteed loan takes up to a
40% second mortgage position behind a Bank's 50% first mortgage, thus
reducing their exposure to the client but servicing them with the
financing they need. 

 

The largest SBA 504 lender on Long Island and in the State of New York
and the Fourth Largest in the country is the Empire State Certified
Development Corporation with offices at 68 South Service Road in
Melville. I'd be very happy to explain how we have been able to help
finance the various opportunities for businesses to acquire their own
commercial space with our assistance and that of the 155 banking
partners we have.

 

 

Charles F. Schreiber,Vice President
New York Business Development Corporation

Empire State Certified Development Corporation - The 504 Company
68 South Service Road Suite 100, Melville, NY 11747
Tel DIRECT 631-465-2079 
Fax 631-465-2195
Cell: 347-545-1308
E-mail:  cschreiber at nybdc.com
 www.nybdc.com <http://www.nybdc.com/> 

 

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