Sunday, May 28, 2006

400Bankers.com secured commercial financing for Bed & Breakfast Inn

Miami, FL --- 400Bankers.com has closed a $7 million Commercial mortgage loan on a 97 room Bed & Breakfast Inn in Miami area, FL. They were able to structure 100% commercial financing and working capital . The property has recently been refurbished and is performing well. 400Bankers.com found a lender that provided hotel loans and negotiated up to a 75% LTV and structured a CD secured loan for 20% down payment and working capital. The interest rate was 6% interest only at 10 year term. Kim Cohen, a 400Bankers.com loan advisor, was the originator for this transaction.

About 400Bankers.Com
400Bankers.com (http://www.400bankers.com) is a national and international commercial mortgage loan network for real estate projects between $200,000 and $10,000,000,000. 400Bankers.com has over four hundred lenders and private investors in it’s network. The network consists of Commercial loan experts who are unmatched in efficiency and financing terms.
International lender
American Express