National Business Funding Solutions

About National Business Funding Solutions

Headquartered in Phoenix, AZ, National Business Funding Solutions is a hard money lender providing funding throughout Phoenix. They offer short term bridge loans, cash out loans, and hard money loans for commercial properties. They issue loan amounts ranging from $1,000,000 to $100,000,000 and rates starting at 3.75% . They make loans on various property types, including multi family, apartments, offices, retail storefronts, hotels, storage buildings, assisted living communities, mixed use spaces, undeveloped land, churches, warehouse spaces, industrial facilities, and medical facilities.

Loan Types Offered: Commercial Hard Money Loans, Refinance / Cash Out Loans, Bridge Loans

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

Areas Served: Phoenix

Lending Guidelines for National Business Funding Solutions

Below are the general loan guidelines published on the National Business Funding Solutions 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 National Business Funding Solutions.

Loan Example 1

National Business Funding Solutions makes a private money loan to Geraldine for the acquisition of a new commercial building after she is denied a commercial mortgage by her local bank due to a low FICO score. The property is listed for $350,000. Geraldine will need to put 35% down, or $122,500, because the lender will loan only 65% of the transaction (the loan-to-value or "LTV"). This means that the principle amount on the note is $227,500. The parameters of the note include a 6 month term, a 11% interest rate, and 2 origination points paid by the borrower when the transaction closes. By the rules of the deal, Geraldine will pay an origination charge of $4,550 at the close (2% x $227,500 principle amount) and will then make payments of $2,085 per month ($227,500 principle amount x 11% interest / 12 months in a year). she will also make a balloon payment of the $227,500 principle amount upon expiration of the note, or sooner if she chooses to pay off early.

Loan Example 2

Kayla is a an investor in Phoenix, AZ. She locates a run-down property for a renovation project and obtains a private money bridge loan from National Business Funding Solutions with the following terms:

a) A $200,000 sales price, b) a 80% loan-to-value (LTV), c) a 6 month term, d) a 12% interest rate, and e) a 4% origination fee.

Once the rehab project is completed, if Kayla sells the project for $280,000, the numbers would be as follows:

$280,000 sales price
- $160,000 principle on note (80% LTV)
- $40,000 down payment (20% on 80% LTV)
- $6,400 origination fee (4% of the $160,000 principle amount)
- $9,600 total interest paid (6 months x 12% interest)
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= $64,000 gross profit (doesn't include taxes or rehab costs)