Closing Non Flag Motel Suburban Chicago Illinois

FOR IMMEDIATE RELEASE
Chicago, Illinois, United States of America (Free-Press-Release.com) August 9, 2010 --

Crystal Lake, Illinois – July 26, 2010 – Commercial Partners of Illinois LLC, a leading Mortgage Bank in today’s tough market climate, secures a loan commitment for a $270,000 loan on an Independent Motel and Real Estate with one of their Illinois Banking relationships in Palatine, IL. The terms committed were a 6% Variable Adjusting Quarterly Rate over 25 years with no balloon and 25 year amortization. The loan came with a short prepay of 5% the first year, 3% the second year, and 1% the last year. All SBA fees waived that had saved the client over $8000! CPIL, with the cooperation of the client, closed this transaction inside 60 days even with some EPA problems. We look forward to helping you close your next challenged loan!
About Commercial Partners of Illinois, LLC
Commercial Partners is one of the Nation’s most sought out commercial mortgage banks by investors throughout the country. We specialize in SBA and B&I loans, Debt, and Equity. Our pledge to our clients is to close loans with their best interest in mind. We accomplish this by leveraging strong relationships with the highest credit rated investors, offering competitive rates, and constant communication with each client to tailor our services to their needs.

Our commitment to industry knowledge, unprecedented service and genuine honesty in each and every loan across the country has enabled Commercial Partners to be a well-respected sought out leader in the commercial loan industry.
We invite you to visit our website to learn more…… www.cpcommerciallending.com
Michael A Boraca, Managing Director, 815-977-7478 Ext 12

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