Hightstown, NJ, April 02, 2007 --(PR.com
)-- Provision Capital Corporation's niche has been small business loans and unsecured business lines of credit of $50K-$600k. However, over the past year the company has started to become a commercial mortgage powerhouse.
"We have over 100 different lender programs available to our clients,"said Robert Hall Provision Capital's CEO. "We specialize in the difficult loan situations where the applicant may be self employed or not have the income or documentation for more traditional underwriting requirements. We can provide up to 90% loan-to-value on purchases and 75% on refinance. We can finance up to $1 million on commercial property loans with no documentation and credit scores as low as 575. Our large asset division can finance loans up to $5 million with minimal documentation."
Provision Capital offers commercial mortgages for golf courses, auto dealerships, light industrial, retail stores, apartment buildings, office buildings, mixed-use and gas stations.
"We are ready to dominate the small commercial mortgage marketplace," Hall said. "With our network of commercial lenders there is almost no deal we can't do. We will continue to develop our new business model to become a more one stop source for commercial mortgages."