Commercial Loans
Commercial Real Estate Loans
Many Real Estate Investors and Developers need financing for income-generating properties. Such properties could include multifamily, retail, office, self-storage, mixed-use, hotel, motel, warehouses, mobile home parks, and many more. Regardless of credit, Pleebo Capital is in the position to offer several solutions that many traditional banks can’t and don’t offer. Pleebo Capital can offer a diverse mix of commercial real estate loans to meet the individual borrowing needs and investment objectives of almost any borrower.
Commercial Real Estate Development Loans
Banks typically are not willing to finance real estate development projects due to the high associated risk. That means that easily 50-70% of applicants for these types of loans must seek alternative solutions when they are turned down by banks. These projects are usually large (up to $175M). Pleebo Capital have a variety of loan types ranging from debt/equity, balloon payments, negotiable amortization schedules, and interest-only solutions. Pleebo Capital is here to assist you.
Owner-Occupied Real Estate Loans
A lot of business owners are tired of paying exorbitant rents to house their businesses. If they want to buy a building and they go to their local banks, the banks usually want a down payment of 5-35% depending on their credit. In addition, if they need to fix the property the bank will not finance the rehab costs. We can finance owner-occupied properties with only 3% down and 0% down on the rehab costs and give them a fully amortized loan with a 25-year term.
SBA Loans
SBA loans are probably the most misunderstood loans. Most people think SBA loans take 6 months to complete. Our lenders approve SBA loans in less than 4-6 weeks. They are the most convenient way for a small business to obtain financing and our SBA sources are the finest in the industry providing superior approval rates and quick closings.
For business-owners; the loans can be used to purchase a business or buy a building that a business-owner is currently paying rent on. They can get working capital, new equipment, or refinance existing debt…all with very little money down.
For medical professionals, they can buy a practice or expand their business, buy a building, or renovate it, get working capital or equipment with NO MONEY DOWN.
SBA loans are the best and most economical way to finance franchises and hundreds of franchises are already pre-approved. Doing a loan with the SBA or through a local bank can be tedious and time-consuming. Pleebo Capital is delighted to assist you in this area. and Pleebo Capital will cut through the red tape for you and help you navigate this sometimes-complex process and that means your business gets started faster.
Church Real Estate Loans
Most banks do not want to touch real estate when it comes to churches. Pleebo Capital have a funding solution for churches who wish to purchase, refinance, or construct the real estate that a church would have, regardless of credit. Terms are very aggressive with some low rates and fixed terms of 5, 7, and 10 years with a 20–30-year amortization with the loan being non-recourse.
Commercial Bridge and Hard Money Loans
Many times, a company is approved for a loan at their bank or financial institution, but the loan will not close for days, weeks or months later and clients need the money sooner. During that time, Pleebo Capital can provide a short-term or “bridge” loan, which is paid when the senior loan closes so the client can satisfy their capital needs immediately. Pleebo Capital can also provide loans to businesses that have run into hard times and need some working capital, pay tax liens, or for any other purpose. In today's hot entrepreneurial marketplace this is the perfect solution for companies "in-between" financing rounds eager to use working capital to meet investor expectations.
Other times a project is near completion and need short term funds to finish the job. Importantly, the loan is not based entirely on the client's credit but rather the assets of the project. These loans can be quite large and are able to close very rapidly. Pleebo Capital is here to assist you all the way.
Fix and Flip Loans
Investors all over the country are buying up distressed real estate at bargain-basement prices and rehabbing them and flipping them for great profits. This is called a fix and flip. Investors are also buying these properties and holding them to rent them out. This is called the fix and hold. Some Banks are not financing these projects because they require short term financing and many of the investors have poor credit. Pleebo Capital work with many lenders and some of our lenders can finance up to 90% of the purchase and 100% of the rehab.
Factoring and Accounts Receivable Financing
All businesses and professionals (Manufacturers, Doctors, Lawyers, Specialists), whether they sell merchandise or perform a service, usually wait 30-120 days to get paid after they send an invoice. This creates a cash flow shortage in their business or practice. Pleebo Capital is able to provide a line of credit of up to 90 % of the invoice, so the client can have the cash flow they need to pay suppliers, payroll, rent, etc. Pleebo Capital can assist with funding for start-ups or established businesses.
Purchase Order Financing
When a manufacturer receives a valid order from a customer, they must finance the production of those products. Often, they must pay for raw materials, shipping, and handling long before an invoice is ever issued.
The manufacturer presents the valid purchase order from the customer and Pleebo Capital and its approved lenders approve the production costs based on the final buyers’ credit worthiness. This is especially good for companies that are growing rapidly and have been accepted by major retailers and chains.
Bank are making it more difficult to secure financing, that’s why Pleebo Capital is here to assist you and fight to get you approve.
Inventory Financing
Often business owners need to finance their inventory before it’s sold. The banks will not finance companies for inventory unless they have a proven record of profitability and have been in business for at least 4-8 years. Our approved lenders can provide inventory financing for companies that have only been in business for a couple of years. Pleebo Capital also will finance companies that are not yet profitable but have good cash flow. This type of financing is typically coupled with accounts receivable financing.
Equipment Leasing
It is estimated that U.S. companies finance more than $900 billion in equipment. This is by far the largest growing segment of financing in the country. Businesses of all kinds lease equipment to conserve their cash reserves enabling them to use their funds for other business needs such as purchasing more inventory, expanding, etc. This is NOT considered a loan therefore it does not reduce available credit elsewhere, giving the customer more borrowing power.
Pleebo Capital works with private customers, companies, and vendors that sell the equipment.
Bank approvals are very difficult. Some of Pleebo Capital lenders will offer 100% financing, no down payment, and a wide range of approvals for A, B, C, and D type credits with approvals in less than 24 hours. Pleebo Capital can fund deals up to $150,000 with just a one-page application. These “App Only” deals do not require financials or tax returns making them very easy to turn over quickly.
Every industry needs equipment financing for example, today the need for additional construction equipment is skyrocketing due in part to growth but also in part to rebuilding after natural disasters and the more than $1 trillion to repair infrastructure in the country. Contractors are only one of the many that need financing solutions such as this.
Sale and Leaseback Programs
Pleebo Capital knows that companies are always looking for additional working capital. Most companies don’t realize they have a source of capital sitting in their business in the form of machinery and equipment. The Clients will be able to determine the existing equipment they own, finance it so they have working capital, and give them low monthly payments to repay the loan. This type of loan is called "sale and leaseback". It’s simply refinancing equipment they own.
Church Financing Program
Churches are constantly growing, and Pastors understand that to grow their congregation they need to keep up with modern technologies and furnishings. Money is often the biggest problem. Pleebo Capital can finance any equipment a church or religious organization needs pews, media systems, pianos, organs, air conditioning units, etc. This is great for Pleebo Capital because most banks will not finance a small or medium-sized church. Pleebo Capital can finance any type of church, whether they are just starting up or established for many years. Pleebo Capital is one of the largest financiers of churches nationwide.
Business Acquisition Financing
Given the current business environment, there are many opportunities for healthy companies and individuals to acquire other companies at bargain-basement prices. Pleebo Capital assist you in leveraging or refinancing the assets of the company they want to acquire. In simpler terms, you can buy the company in certain cases with the company’s own money, while expending very little cash of their own. In fact, there are cases where several companies in a particular industry have been acquired and consolidated. When this takes place, the resultant assets often cover a good portion of the acquisition.
Franchise Funding
Some companies consider this a separate classification of loans. In some ways, it is only because most of the lenders already have the information, they need to complete the loan. They are familiar with the franchise needs and expectations and only have to evaluate the individual acquiring the franchise. And while most banks shy away from this category Pleebo Capital finds this is an easier loan to arrange than most other startup businesses. Pleebo Capital pre fee lenders are experts in this field and can arrange loans of up to
$1,000,000. The silver lining to these loans is that as a loan gets paid down, the franchisee decides to expand and purchase additional franchises. Now the Pleebo Capital is familiar with both the franchise and the franchisee, making it a very smooth and easy transaction.
Debt Restructuring
Many companies today are strapped with high monthly payments for the different loans they have acquired over the years. Pleebo capital can refinance all their loans into one convenient loan and arrange one low monthly payment. In most cases, their monthly payments are reduced by up to 30% or more.
Medical Practice Acquisition Financing for Doctors, Dentists and Veterinarians *
One of the most active areas of finance is the medical arena. You can provide financing to medical professionals looking to acquire existing medical practices. Each year thousands of medical professionals, physicians, surgeons, dentists, veterinarians, chiropractors, and specialists retire and sell their practices or simply need working capital to grow. Pleebo Capital can provide financing up to $5,000,000 for medical professionals to acquire these practices, and in most cases, with no money down.
Medical Practice Equipment Financing
This program allows you to provide loans to medical professionals who are looking to finance their existing equipment and or new equipment. It is common knowledge that medical equipment is priced at a premium and these types of loans can be quite sizable. Additionally, Pleebo Capital will be able to provide working capital signature loans that can be used to upgrade their facilities, expand their practices, update equipment, pay taxes or for any purpose they want. With a 1-page application, a medical professional can get up to $250,000 in working capital with a one-day approval.
Merchant Cash Advance
This type of financing is very valuable for businesses that cannot get loans from their local banks, due to previous credit issues. This funding solution provides working capital to businesses against their future monthly cash sales. Pleebo Capital will be able to advance up to 120% of the businesses' monthly sales. For example, if a business takes in $100,000 average per month, we can advance them up to $120,000 regardless of credit. They can use the funds to buy needed equipment, hire new employees, remodel, or for any purpose that they see fit.
Alternative Energy Financing
Today, more than ever before, there are substantial incentives to use alternative energy. These projects can be very costly but reap rewards to the end user for many years. Naturally, there is a need to finance these reasonably large projects and one of Pleebo Capital lenders specializes in exactly that. Typically, the assets of the project act as collateral for the loan. Other times, a project is near completion and needs short term funds to finish the job.
Importantly, the loan is not based on the client's credit but rather on the assets of the project. These loans can be quite large and Pleebo Capital is able to close very rapidly.
Stock Loans
A stock loan is simply when you lend money against securities the client already owns. The result is immediate access to capital without selling or margining any shares for cash. It requires no personal guarantee on the loan and is secured by the stock portfolio; therefore. It is a true non-Recourse loan. The only loan approval consideration is the value of the stock. The client's current credit is not an approval issue.
Working Capital
Many business owners need working capital to grow their businesses unless the business is well-capitalized and has a proven record of earnings the banks will not provide the much-needed capital to expand and grow their businesses. We can provide working capital regardless of the time in business or profitability.
Unsecured Business Loans
This loan offers business owners unsecured lines of credit. This can be offered in all 50 U.S. states to both start-up and existing businesses. These lines of credit are approved within 3 days and can be funded in as little as 5 to 30 business days to any type of business. The key benefit of this loan is the fact that it is unsecured, which is a very attractive option for people just starting a business or for long-established businesses looking to expand.
Asset Based Lending
This is broad classification includes a wide range of activities such as large commercial real estate loans, purchase order financing, inventory financing, and literally any kind of loan that uses a business's assets to act as collateral. These loans vary greatly and provide ultimate flexibility, provided a company has assets or intends to acquire the asset (real estate) with the loan. Many times, these loans can be quite large. This form of financing is growing and Pleebo Capital is here with you every step of the way.
Start Up Business Financing
If a business owner needs financing to start a business, the banks will never entertain a loan unless they have a lot of collateral. Pleebo Capital and its list of approved lenders can provide loans of up to $200,000 without any collateral. This type of loan can be approved in 24-48 hours and funded in 7-10 days. This type of loan is for clients that have very good credit.
Business Terms Loans
Most businesses need capital for a variety of reasons. The most common way for a business to get this financing is through a business term loan. These loans generally are set up with a 3 to 5-year payback schedule. These loans can be used for anything from working capital, fixed assets, or equipment purchases.
Because of the increased scrutiny and regulation on the banks, it has become harder and harder for a small business to obtain a term loan. Since your typical bank shies away from small businesses, Pleebo Capital have the ability to fill a large void. These types of loans can be done rather quickly, providing these small businesses with these much-needed funds.
Business Acquisition Financing
Business acquisition financing usually takes place when an individual or corporation wants to purchase a business or franchise. In some cases, it can even be an existing business that would like to buy out their competitor.
Generally, these loans require 10% down but, in some cases, they can be executed with 0% down and are strictly based on the cash flow of the existing company.
For example, this type of financing is very popular in the medical sector.
You will find either the case where older doctors are looking to sell their businesses to younger doctors, or you will find doctors who are looking to purchase other practices to increase their existing practices. Pleebo Capital will assist you every step of the way to get you approved.
Used Aircraft Financing
Used and older aircrafts consisting of planes, jets, and helicopters are usually difficult should you go to your local bank for financing, since they only want to focus on the newer models. Pleebo Capital have a specialized program that will allow funding solutions for you.
Owner-Operator Truck Financing
Owner-operators are people who own and operate their own trucks. These are typically one man or woman shops. This is considered high-risk financing and very few lenders like to do this financing. Pleebo Capital and its approved lenders will do this financing with a small down payment regardless of credit. Generally, we can get same-day approval on the loan.
Fleet Truck Financing
Financing individual trucks is never a problem. Large companies that want to add or refinance their fleets are a whole different world. Often these companies want to replace their new trucks every two or three years. We can arrange financing for trucking companies to meet their business needs. Four trucks to hundreds of trucks are considered fleets. Let Pleebo Capital handle all of your truck financing needs. We will help you grow your business from one or two trucks to a fleet of trucks