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Non-Recourse Commercial Loan Program Available at Segway Funding, Inc.
Non-Recourse Commercial Loan Program Available at Segway Funding, Inc.
Segway Funding, Inc. has available a non-recourse, 15, 20 or 25 year, fixed rate commercial loan program in the 6.5% range. Designed for single tenant properties with loan amounts $5M or more.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) April 30, 2009 --
Segway Funding, Inc. is pleased to announce that it has an attractive commercial loan programs available to commercial borrowers for a limited time. With this program, we are focusing on a market that we feel is currently being underserved by conventional lenders.
The program is targeting single tenant commercial properties with loan amounts of $5 million or more. We have 15, 20 and 25 year term loans with 25 to 30 year amortizations. The rate is fixed at around 6.5% and a loan-to-value ratio of 60-70%. A key component it is non-recourse! Yes, that's right, a non-recourse loan in 2009. Please call 801-273-7700 for additional details and questions. This program won't last forever.
Also, we have additional 5, 7 and 10 year commercial loan programs available on loans $10M and over. The interest rates are from 6.5% to 7.5% and can usually go up to 70% loan-to-value. These rates are not published on our website so please call us today at 801-273-7700.
Segway Funding, Inc. is a mortgage bank based out of Salt Lake City, Utah. We specialize in commercial lending utilizing non-conventional lending sources. For additional information please visit www.segwayfunding.com or www.distressedrealestatecapital.com.
commercial loan non-recourse loan Segway Funding single tenant
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