Spectrum Commercial Lending Provides $5M Owner-User Commercial Real Estate Loan for Their Client in March of 2011

Spectrum Commercial Lending, a national non-bank commercial lender located in Southern California provided a $5M commercial real estate loan allowing their clients to purchase an approximate 293,000 s.f. facility in which to help expand their business.

Irvine, CA, April 15, 2011 --(PR.com)-- Spectrum Commercial Lending, a leader in small business commercial real estate financing helped their clients close on a 293,000 s.f. facility in the County of San Bernardino in March of 2011. The project not only consisted of the purchase of the facility but also roughly $600k in tenant improvements. This new location will allow the borrowers to relocate some of their existing operations to the new facility as well as make available additional square footage to continue to expand their business. Spectrum Commercial Lending was able to provide the borrowers with 90% LTV financing utilizing the SBA 504 program. Maximum leverage was important to the borrowers in this case because they continue to experience exceptional growth in their business and they wanted to maintain as much working capital within the business as possible to continue to support this growth.

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
Mike Muetzel