Avant Capital Partners

About Avant Capital Partners

Avant Capital Partners is a New York, NY based private money lender who provides loans throughout Chicago, Washington DC, and Boston. They offer hard money bridge loans and commercial hard money loans. Their loan parameters are versatile, including rates ranging between 7% and 11%, loan amounts ranging from $2,000,000 to $15,000,000 with a maximum LTV of 75%, and terms between 1 year and 3 years. They offer loans on all of the following types of properties: multi family, apartment buildings, office buildings, retail units, hotels and motels, storage buildings, senior communities, mixed use spaces, warehouse spaces, industrial buildings, and medical facilities.

Loan Types Offered: Commercial Hard Money Loans, Bridge Loans

Property Types Covered: Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical

Areas Served: Chicago, Washington DC, Boston, New York City

Lending Guidelines for Avant Capital Partners

Below are the general loan guidelines published on the Avant Capital Partners website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Avant Capital Partners.

Loan Example 1

In order to purchase a new commercial building for her business, Jimmie turns to Avant Capital Partners to fund her purchase with a commercial private money loan because she is unable to obtain a conforming loan from a bank. The building is listed for $290,000. Because there is a 55% loan-to-value (LTV) stipulated by the lender, the loan principle is $159,500. The remaining $130,500 will be be paid by Jimmie. The terms of the note include a 18 month term, a 12% interest rate, and 1 origination points paid by Jimmie at closing. Jimmie will be required to pay the origination fee of $1,595 and will then start making the interest payments in the amount of $1,595 ($159,500 principle amount x 12% interest rate / 12 months in a year). She may pay back the note whenever she chooses because there is no pre-payment penalty but she is responsible for the full principle amount whenever she closes the loan.

Loan Example 2

Jeffery is a an investor in Chicago, IL. He buys a run-down townhouse for a rehab project and obtains a bridge loan from Avant Capital Partners with the following features:

$150,000 purchase price
75% loan-to-value (LTV)
6 month term
10% rate of interest
5% origination fee

Jeffery intends to sell the house when the note expires for $225,000. If he achieves this goal, the deal numbers would be as follows:

$225,000 sales price
- $112,500 principle (75% LTV)
- $37,500 cash paid at closing (25% on 75% LTV)
- $5,625 origination points (5% of the $112,500 principle)
- $5,625 total interest paid (6 months x 10% interest)
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= $63,750 total profit (doesn't include taxes or rehab costs)

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