remingtonfinancialgroup Home

remingtonfg — Thu, 28 Aug 2008 01:44:53 CDT

Remington Financial Group has built its success upon well-established relationships with highly regarded domestic and foreign based private and institutional capital sources. Our extensive lender network combined with market expertise and a highly disciplined due diligence and transaction process means our clients benefit from integrated, seamless financing with terms that are often superior to conventional approaches. Throughout the due diligence and deal process, Remington works to provide customers with a clear picture of the status of their transaction and any fees. RFG proactively works to overcome obstacles before they become barriers to a successful close. Delivering exceptional service throughout the financing process, Remington offers a variety of creative financing options with highly competitive rates for: Conventional financing | Hard-money loans | Bridge loans | Construction loans Representing clients exclusively, Remington carefully manages the formation of all tiers of capital so they are structured and tailored to each unique transaction. This process saves clients time and money while significantly reducing transaction risk. Time and again, Remington has delivered refined capital solutions to complex transactions where other sources were unable to execute at all. Remington can help revitalize existing deals that may be at risk with expert Advisory Services or assist with a comprehensive set of Financing Programs including origination, evaluation, transaction structuring, preparation and underwriting, negotiations and coordination of placement and closing processes.

remington financial group

remingtonfg — Tue, 19 Aug 2008 14:28:21 CDT

How to Find Creative Funding Options By Remington Financial Group

Unfundable? Not always, with the help of an investment-banking partner
Andrew Bogdanoff, president, Remington Financial Group
As published in Scotsman Guide's Commercial Edition, June 2008
It’s easy to turn down a deal because it doesn’t look fundable on the surface — especially for brokers new to commercial lending. Be they inexperienced, uncertain about who to turn to with questions, or uncomfortable looking outside the box, some brokers aren’t aware of alternative, ethical ways to fund troublesome deals that could provide their clients with successful business ventures for years to come. In some cases, turning to an investment-banking partner can help dig up tactics to close these difficult loans. Learning to repackage
Projects may be turned down for financing for numerous reasons. Sometimes, the loans simply aren’t viable. Other times, the deal as presented on paper doesn’t make as much sense as it could. When loans fall into the latter of these two categories, having a relationship with an experienced investment-banking firm can be the difference between creating opportunity and losing business.
Brokers should engage investment-banking partners for help evaluating deals that have been unsuccessful in securing funding. These partners can often tear down a project and reveal ways to reassemble or repackage the loan in a manner that makes better sense to lenders. For example, a broker could have a borrower who wants to build condominiums in a market where condo sales aren’t producing. Because of the stark market conditions, most lenders wouldn’t consider this project.
An investment-banking firm, however, could analyze the business plan, the financing options and the current market conditions and suggest building a suite-style hotel on the site — then converting it to condos when market conditions improve. The firm could show the broker how lenders view hotel properties and explain how building suites in the hotel would ease a later conversion to condos. The parties could restructure the business plan, approach lenders and find a creative way to repackage the loan to get the project off the ground. Avoiding stereotypes
Many beginner brokers might consider the following situations impossible to fund: * Someone with bad credit * An undesirable property * A project led by an individual inexperienced in the area * A loan with high loan to value Experienced brokers, however, know the importance of avoiding traditional stereotypes. These brokers apply a positive attitude toward every potential deal. When it comes to the above situations, investment-banking partners can help analyze and restructure these unattractive circumstances into potentially fundable projects. Consider a scenario involving an inexperienced borrower trying to build a commercial property. The borrower could be a successful builder but may lack the expertise to secure funding. An investment-banking firm specializing in commercial projects could connect the broker and borrower with experts in these types of scenarios. Such a move could help secure funding and move the project forward.
Project problems aren’t always insurmountable. In fact, thinking of them as challenges worth overcoming is a better mentality. Even though the market is changing quickly, snap judgments and negative stereotypes are a thing of the past. Funding is available for more deals than you might believe. Working with a reputable and experienced investment-banking partner is a terrific way to discover creative techniques to close tricky deals.
Find more articles at remington financial group

remingtonfinancialgroup - Recently Updated Pages

remingtonfinancialgroup Home

remington financial group

How to Find Creative Funding Options By Remington Financial Group