American Standard Capital is now a national lender for small and mid-market commercial real estate loans
The company provides financing to owner/operators, brokers and investors for investments and owner-occupied properties across the United States
NYACK, NEW YORK, USA, July 7, 2022 /EINPresswire.com/ — American Standard Capital (ASC) has expanded its reach beyond the New York metro market to now offer national financing to the commercial real estate. ASC services stabilized income-producing properties with loans starting at $1 million for investment properties and $2.5 million for owner-occupied properties. Financing is available in all commercial asset classes: mixed use, multifamily, community retail, professional office, warehouse/logistics and self-storage
ASC was launched earlier this year in recognition that borrowers are often overlooked by traditional lenders and that many financial institutions are not equipped to meet the needs of these owners and investors. The initial focus was on the five boroughs of New York and the surrounding NY/NJ metro area. The company now has lending authority in all 50 states.
Decades of experience with a consultative approach
ASC directors, Glenn Thomas and Tom Ravert, each have decades of experience working with real estate owners and investors, mortgage and commercial real estate brokers, and third parties involved in the commercial real estate space, such as lawyers and accountants who refer their clients for financing. They have developed a proprietary, highly efficient and secure CRE lending platform, backed by their consultative approach to business, transparency throughout the lending process and simple decision-making.
“What sets us apart is not just the effective platform we’ve developed, but also the way we work with our customers and the third parties who recommend us,” Thomas said. “On the one hand, we look at the big picture, address any credit issues with recommendations for remediation, with an excellent track record of completed commercial real estate transactions. And with our referral partners, we complete their transactions while maintaining their valuable relationships with their customers. . . and get a finder’s fee from us for every transaction we complete. Everybody wins.
Supporting bankers with financial solutions
Ravert added that ASC has launched a special banker program for bank officers who are looking to close more deals or whose clients need more complex financing solutions, without increasing their staff or workload.
“Many bankers are unable to complete transactions for various reasons,” Ravert noted. “Loans can be for properties or amounts outside the banks’ footprint or strict lending criteria, for example. We offer support with fast turnaround times, flexible terms and a strong credit product without the need for a depository relationship. In addition, our team takes care of all the loan origination and underwriting, and closes faster. »
Anyone wishing to learn more about how American Standard Capital works can download the lending guide at https://www.americanstandardcapital.com/lendingguide.
For those interested in partnering with ASC for commercial real estate loans, contact Glenn Thomas or Tom Ravert at [email protected] or (845) 512-5600.
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