Commercial real estate developers are used to getting financing for SFRs, fix and flip projects, ground-up construction, and high-net-worth projects. Financing programs that feature amounts up to $25 million, and LTV up to 100% are well within the scope of GM Capital Group. But what happens when there is a large project that can transform an area? Like a gaming center, a large resort, a project that wants to take advantage of cannabis revenue, a large healthcare center, a corporate campus, or something completely unique?
Most developers would try to cobble together an array of different financing solutions and hope they cover the costs of a large project and keep things on track. But no one wants to juggle multiple loans with different interest rates, lending limits, varying terms, or other covenants. Fortunately, there is an all-in-one solution for commercial real estate investors and developers who have the vision and innovation for large projects so they can get the funding they need without resorting to the red tape and layers of multiple loans.
What Is Large Balance Financing?
Large balance financing is designed with projects in mind that have a big impact on an industry or region, and require commercial property, development, and construction that cannot be obtained through traditional or conventional means. Banks and other lenders have limits on the amounts they are allowed to give borrowers. Large balance financing can be scaled up to over $5 billion, so big projects can get the funding they need from one source. Perhaps the biggest benefit of large balance financing is that it is structured as a line of credit, so commercial real estate investors and developers have ample funding for the duration of their projects, and only pay on what they draw. Large balance financing from GM Capital Group features:
- Financing from $10 million to $5 billion and above
- Domestic and international availability
- Interest-only financing structured as a line of credit (pay only on what you draw)
- Terms up to 5 years with an optional 1-year extension
- Non-recourse financing
- Up to 80% LTC; 100% LTC for construction projects
If you have a big project in mind and need funding, talk to the team at GM Capital Group about our large balance financing program.