Loan Modification Parameters

Before we take on a client, we need to make sure of the following basics:

• The total Unpaid Principal Balance (UPB) is less than $1 million for any commercial real estate owned (Can be more than $1 million in select circumstances).

• Owner is current on monthly real estate payments.

• The business has positive cash-flows sufficient to meet its current debt obligations.

• Your bank has indicated that they are unable to renew your balloon loan or existing line of financing.

If you meet the above criteria, please feel free to CONTACT US