Call Todd Feldman, Private Lending Specialist, today at (408) 406-0076 or fill out the form:
Cash that is ready when you are.
The industry-leading solution for business borrowers.
A truly revolving line of credit.
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Up to $10 million available.
Only pay for what you use.
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Providing Lending Solutions for over 30 years
A Line of Credit is an incredibly powerful tool for borrowers in many different situations. When you need to move fast and skip the red tape of conventional financial institutions, our Line of Credit may be just the thing you need.
The Goal: Our borrower owns an 18 unit apartment building in Napa, CA, which had been badly mismanaged by their son-in-law for 20+ years. Maintenance had been neglected, and the property was almost entirely vacant. Our client needed $2 million to get the property refurbished and producing income again.
The Challenge: Banks would not refinance the property due to the condition of the building.
The Solution: Stonecrest provided a line of credit for the $2 million,secured against the subject property and the additional real estate they owned, giving the client the money and the time to refurbish the building, stabilize the rental income, and qualify for bank refinancing so they could retire the Stonecrest debt.
The Goal: Our borrower, Charlie, wanted to expand their new and rapidly-growing electric bike business to a second location.
The Challenge: They needed cash to finance the new location, but the business had only a short history of revenue, so a traditional bank loan was not an option.
The Solution: Stonecrest was able to deliver a line of credit for the cash they needed, secured against the couple’s home. And the electric bikes got the boost they needed!
The Goal: A successful dentist started a company featuring a line of organic oral care products. He needed $5 million in capital to fund inventory to deliver to a national grocery chain who wanted to carry his products.
The Challenge: He couldn’t borrow from a bank because he did not have at least one year of profitability, in spite of 3 years with strong revenue growth and purchase order from a major retailer.
The Solution: Stonecrest assessed the business and determined that the risk profile was acceptable. We were able to provide a line of credit on the Dentist’s personal residence to produce the required capital.