StatesidePrivateCapital.com

Wayne Gerenstein, Principal of GerenTeam Capital, Inc. has worked in the "Hard Money" lending space since 1990 when Subprime Mortgages first came to market.  Wayne was able to establish business relationships with bankers who worked at conventional banks, but a Strategic Alliance was never made available.  This is no longer the case after 31 years in the business.

A Strategic Alliance with a decades old financial firm that was acquired by a conventional bank has now been established with GerenTeam Capital, Inc.  This now places Mr. Gerenstein in a position to offer "Bank Rate" loan products.  Offering competitive quotes for those clients who are "bankable" is no longer a challenge!

These Bank Rate Programs include the following offerings Nationwide...a detailed flyer for each is available:

1.  This Bank has one of the strongest Equipment Financing programs in the Nation:

  >  Approvals in hours and funding can occur same day

  >  Flexibel terms/rates starting at 4%

  >  $10,000 to $5,000,000 loan range

  >  650 minimum credit score (675 preferred, 625 with compensating factors)

  >  100% financing on equipment purchases...except start-ups require down payments

  >  Loans up to $150K are application based only (larger purchases require more detailed Financials)

  >  Most industries are eligible

2.  Commercial Real Estate

  >  $50,000 to $30,000,000

  >  Common sense, story-based underwriting

  >  650+ credit score preferred, but case-by-case lower scores considered

  >  No Pre-Payment Penalty and Interest Only options

  >  Up to 30 year amortization loans

  >  Up to 85% LTV with compensating factors

  >  Funds can be used for purchase, refi, cass-out, portfolio loans, fix/flip, construction, development 

  >  Unique property types such as gas stations, land and other specialized real estate collateral

  >  Foreign Nationals...yes

3.  SBA Loans

This Bank is an SBA Preferred Lender that is focused on SPEED!

  >  Loan approvals in days and after submission of a complete package, funding in weeks NOT months!

  >  $50,000 to $5,000,000

  >  Request a detailed flyer

4.  USDA/Agriculture Loans

  >  No minimum population

  >  $1MM to $25MM loans

  >  Request a detailed flyer