With over 140 lenders in our portfolio, more often than not, we will be able to provide solutions for those in need of financing.
For those that are looking for corporate real estate or business purpose financing, we have a consortium of select companies and individuals with expertise in a variety of funding environments.
Each member of this group of professionals has been carefully selected for their expertise, knowledge and contacts with their specific niche markets. This elite group works as a team to find solutions for those in need of financing. We consult on a confidential basis and utilize each other's resources to insure the best possible chance of success.
The three major factors lenders look at are cash flow, credit and collateral. When businesses can demonstrate all three they stand a good chance of getting the funding they need. However, all too often something is missing and usually it's a lack of collateral since many businesses typically do not own buildings, valuable machinery or inventory that could easily be liquidated. Many times those businesses would be denied financing, however, very frequently we will be able to accomplish financing opportunities and options for them.
EXPERTISE IN ALL AREAS OF BUSINESS FINANCING, INCLUDING BUT NOT LIMITED TO:
Merchant Cash Advance
Business Line of Credit
Commercial (all forms)
REAL ESTATE FINANCING
Still reeling from the effects of the financial crisis, commercial banks are turning away good projects, cutting funding for projects in progress and refusing to refinance loans with balloon payments - a common feature in traditional commercial mortgages. With interest rates at or near record lows there is incredible incentive to take advantage of those rates, Fyke And Associates has lenders that are more than interested in participating in both facilitating and servicing the needs of those borrowers desirous of taking advantage of today's superior rates.
FREQUENTLY ASKED QUESTIONS
What are the loan parameters?
The loan parameters depend on the type of loan. i.e. traditional conventional are similar to bank requirements but generally a little more lenient. The loan parameters change to fit the type of loan.
Do we offer business line of credit?
We do offer business lines of credit and have several vehicles for these lines of credit. The lines used depend on the borrowers needs, credit worthiness, etc.
What are the qualifications for a working capital loan?
Qualifications vary, but the standards are credit score and income.
Can these be leases instead of loans for eg:equipment?
Yes. Equipment leases can be done.
How long is closing?
Closing depends on the type of loan. Conventional commercial arearound 45 - 60 days. Other loan types can close in as little as 5 -10 days.
Minimum and maximum for corporate loans?
No real minimum or maximum. Depends on various factors.
Who are our lenders?
We have over 140 lenders in our portfolio.
Do you offer non-recourse financing for turnkey single residential investment properties?
Non-recourse loans are available, but there are multiple factors that come into play.