Real Estate Journal — May 16 - 29, 2014 — 15A
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M id A tlantic
F inancial D igest
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Founded by Paul Singer in 1992 Singer Financial Corporation; over 20 years of experience S
Recently Closed Loans
$325,000.00 in financing that allowed a business owner to purchase the building they were leasing in Center City, Pennsylvania. We also funded a $65,000.00 loan to a start- up business that provided the business in Philadelphia with working capital. We ex- tended a $90,000.00 loan to an established restaurant in Manyunk, Pennsylvania that allowed them to get a fresh start by paying off their tax and other business debts. Singer Financial Corp. has a long and successful history of funding loans brought to us
by business and loan brokers and other professionals. We recognize that developing and maintaining partnerships with brokers and other profes- sionals is a key component to our mutual business success. We also pay the highest pos- sible referral fees for the deal, and all referral fees are fully protected. Brokers and other professionals who refer loans to us are paid immediately upon funding of the loan. We welcome you to contact us today at 215-893-9722 or 1-800-SINGER-6. n
inger Financial Corp. is a private financial institution with over 20 years of experience making real estate secured commer- cial and business loans in Pennsylvania, New Jersey and Delaware. The Company is owned by Paul Singer who founded Singer Financial Corp. in 1992, and we have been located in the Ritten- house Square area of Center City Philadelphia since 1995. Singer Financial Corp is a direct portfolio lender with our own pool of capital available to lend. This provides us with a great degree of flexibility to meet our borrowers’ business needs. We offer our borrowers very fast loan approvals, gen- erally in less than 48 hours. We also offer our borrowers fast settlement with the abil- ity to close on a loan in as little as 5 business days from approval, but have closed on mortgages in less 48 hours. We make loans for a wide variety of business purposes including commercial debt consolidation, commercial re- financing and loan workouts, payment of delinquent taxes or other liens, working capital, property improvement or pur- chase, owner occupied busi- ness properties, and unique and creative business deals the mega banks won’t finance. At Singer Financial Corp, you will find a lender that is will- ing to think “outside-the box”, and consider loans that other lenders will not consider. We offer flexible terms de- signed to meet our borrow- ers’ needs. Singer Financial Corporation will make loans for as little as $50,000.00 and as much as $1,000,000.00. We are proud to be able to offer in- terest rates as low as 11%, and loan terms for up to 5 years with NO pre-payment penal- ties. We are able to offer our borrowers loans equal to up to 60% of the value of the real estate offered as collateral for the loan. Real world examples of the loans made by Singer Finan- cial Corp. are illustrative of the wide variety of situations where we can be of service to business owners. For ex- ample, we recently funded a $275,000.00 refinance of a bank loan on a commercial a property in West Chester, Pennsylvania that allowed the owner to prevent sheriff sale of the property. We provided
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$9,300,000 $12,000,000 Mixed-Use Development 58-Unit Multifamily Portfolio 512-Unit Multifamily Apartments New Castle County, DE Havre De Grace, MD Tulsa, OK 75% LTV 10/30 loan 4.7% non-recourse 75% LTV 7/25 loan 4.5% 75% LTV 10/30 loan 4.93% non-recourse $1,526,000
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