Quickline Capital Partners

About Quickline Capital Partners

Quickline Capital Partners is a Syracuse, NY based private lender providing loans across the US. They offer loans for a variety of scenarios, including fix and flip loans and commercial hard money loans. Their lending parameters are flexible, including terms up to 13 months. Their lending parameters require a minimum FICO rating of 600. They make loans on all of the following types of properties: single family residences, multi family, apartments, offices, retail units, hotels, storage facilities, assisted living communities, mixed use spaces, warehouse buildings, and more.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans

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

Areas Served: National

Lending Guidelines for Quickline Capital Partners

Below are the general loan guidelines published on the Quickline 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 Quickline Capital Partners.

Loan Example 1

Maurice takes a fix and flip loan from Quickline Capital Partners in order to remodel a townhome to resale in Washington DC, DC. The price of the property is $360,000. The terms of the note include a 65% loan to value (LTV), so he must contribute 35% of the price as cash to closing, making the principle loan amount $234,000. The terms of the loan also stipulate a four point origination fee which will be paid at closing and a 18 month, interest-only note with a 8% rate of interest.

By the parameters of the note, Maurice will be required to pay a $9,360 origination fee in addition to 35% of the purchase price, or $126,000, since there is a 65% LTV. The lender will collect $1,560 in monthly interest from the borrower. This is computed by taking the full loan value of $234,000, multiplying that by the 8% rate of interest, and then dividing that amount by 12. If Maurice meets his goal of a $468,000 sales price when the loan term expires, he would pocket a total profit of $70,560 after re-paying the principle on the note and subtracting the money he brought to closing, the origination fee, and the monthly interest payments.

Loan Example 2

Verna is a real estate investor in Corpus Christi, TX. She purchases a run-down property for a rehab project and takes out a hard money loan from Quickline Capital Partners with the following terms:

a) A $240,000 purchase price, b) a 85% loan to value (LTV), c) a 6 month term, d) a 14% interest rate, and e) a 1% origination fee.

Assuming a $348,000 sales price at the end of the 6 month term, the final numbers for this deal would look like the following:

$348,000 sales price
- $204,000 principle (85% LTV)
- $36,000 down payment (15% on 85% LTV)
- $2,040 origination fee (1% of the $204,000 principle amount)
- $14,280 interest payments (6 months x 14% interest)
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= $91,680 total profit (doesn't include taxes or rehab costs)