Since 1975-Contact us TODAY for a FREE Consultation
Phone or Text 856-278-6103
Most banks and other conventional lending sources all over the country often turn down small amount loan
requests for Auto body shops. Many times the borrower's credit is good and the property is sound and
well-occupied. They just don't want to handle a small loan. Because of this many deserving business
people do not get necessary loans. Barclay Associates will work with you to close that small amount Auto
body shop financing that others will not handle.
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- Geographic Region: Nationwide
- Loan function: Loans for purchase, refinance and cash outs of Auto body shops.
- Rates: Very competitive - Call for quote.
- Loan type: Fixed and adjustable loan types available.
- Loan term:15 years.
- Amortization period: Up to 20 years
- Loan-to-Value ratio (LTV): Auto body shop loan - Up to 65% LTV.
- Subordinated debt: Seller take back (2nd) position allowed up to 90% (CLTV).
- Buyer down payment: As little as 10% with seller take back.
- Collateral: Auto body shop property. First position lien only.
- Appraisal: MAI appraisal required (Lender prefers to order appraisal).
- FICO score: Auto body shop financing requires a 575 minimum FICO score.
- Environmental insurance: Required on all properties.
- Recourse: Auto body shop loans are full recourse to the borrower.
- Fast Commitment and Closing - In most cases, a firm financing commitment is issued within
4 days after receipt of all required documentation from borrower. Quick closings.
Informative and detailed information of great value to income property buyers
can be seen at
Income Property Buyers Tips This new section includes a
Special Report which explains how to
calculate the true value of an
income property. A continually expanding “FAQ”
(Question and Answer) page is also included. We invite you to visit this area of our web site.
SMALL COMMERCIAL LOAN PROGRAM (click on an item below to go to Property Type)
[Main Page-Small Commercial Mortgages]
[apartment building (multi-family)]
[auto repair shop]
[auto body shop]
[day care center]
[mini storage facility]
[mixed use (apartments + stores etc.)]
[mobile home park]
[self storage facility]
[strip shopping center]
How to Contact Us
Send us an E-mail with some details of your financing request. It is important to send your: Full name, PHONE NUMBER and a paragraph or two describing your financing needs. Please DO NOT forget to include your PHONE NUMBER.
Phone or text: 856-278-6103
Call us anytime 24/7. We are available for one-on-one discussion up to 11 PM Eastern Time and on weekends.
BARCLAY ASSOCIATES - Cherry Hill NJ
MINIMUM LOAN AMOUNTS
Copyright © 1997-2018 JS Inc./Barclay Associates-All Rights Reserved
- INCOME PROPERTIES - COMMERCIAL MORTGAGE LOANS- (apartment and office building loans, self storage units, mobile home park financing, strip centers etc. (Not raw land/land developer loans) - $100,000 minimum loan amount. ($125,000 minimum if referred by broker.) Multi-family (apartment buildings) must be 5 units or more.
- RAW LAND LOANS OR LAND DEVELOPMENT LOANS $500,000 minimum loan amount($600,000 minimum if referred by broker).
- SBA LOANS-$300,000 minimum loan amount. ($350,000 minimum if referred by broker).
- OTHER SMALL BUSINESS LOANS (NON SBA)- $300,000 minimum loan amount ($375,000 minimum if referred by broker).
- FACTORING AND ASSET BASED FINANCING These are business loans using accounts receivable, inventory, equipment & real estate as collateral- $500,000 minimum loan amount($600,000 if referred by broker).
- OTHER TYPES OF FINANCING NOT INCLUDED ABOVE - contact us for minimum loan amounts.
BROKERS and other intermediaries- WE WELCOME BROKERS. It is EXTREMELY IMPORTANT that you [CLICK HERE] to obtain full information about our referral fee program and our referral fee rates to brokers.
WHAT WE DO NOT DO:
- We DO NOT finance residential properties-only commercial.
To quickly move around other major areas of our website,
CLICK ON A SUBJECT BELOW:
[Return to Financing Overview Page]
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[Real Estate Loan Checklist]
[Income Property Loans over $2 million]
[Doctor, Dentist, Vets]
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[First Mortgage NOTES]
[Business Plan Writing]
[The Finance Marketplace]
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[INDEX to Site]
We welcome brokers-for more broker information:
[Brokers Click Here]
[Real Estate Developers]
[Mini storage facilities]
[Mobile home parks]
[Hard Money Loans]
[Raw land loans]
[SBA Mortgage Loans]
[Real Estate Development Loans]
Copyright © 1997-2019 JS Inc./Barclay Associates-All Rights Reserved