Spectrum Commercial Lending, Inc. Finished 2009 Strong with an Extremely Busy Fourth Quarter

Spectrum Commercial Lending, Inc. a non-bank commercial lender utilized both conventional and SBA loan programs in order to provide their clients with the financing structures that their clients were seeking.

Irvine, CA, January 16, 2010 --(PR.com)-- Spectrum Commercial Lending, Inc. a leader in the commercial lending industry is happy to announce loan closings that totaled in excess of $6MM in projects for the month of December. Closed loans consisted of commercial real estate purchases, refinances, as well as debt restructuring.

Spectrum Commercial Lending, Inc. utilized the SBA 504 program for several of their commercial real estate purchases. They were very pleased with the support and partnership that Phil Mulder of the CDC Small Business Finance Corporation as well as Cathi Jooyan of Resource Capital Corporation was able to provide during these transactions and in helping gain the SBA 504 approval for each of the transactions. It was because of such outstanding support that allowed Spectrum to close one such transaction under 30 days. Chris Roby of Spectrum and Phil Mulder of CDC Small Business Finance Corporation really worked as a team in order to meet the borrower’s deadline of having to close by year-end.

Spectrum is also happy to announce the hiring of Chase McWhorter to the Spectrum team as a new associate. They are very excited to have Chase working with them and look forward to everything he will bring to the Company. They are optimistic about 2010 and look forward to what the year brings.

Spectrum Commercial Lending, Inc. is located at 2070 Business Center Dr., #285 Irvine, CA 92612. For more information on Spectrum Commercial Lending, Inc. please contact Mike Muetzel at (714) 841-5255 x54 or email at m.muetzel@contactspectrum.com.

Spectrum Commercial Lending, Inc.
Mike Muetzel