Essencap Funding LLC

Essencap offers 5 to 10 Units Direct DSCR Loan

Essencap is proud to announce the successful closing of a debt service loan for a 6-unit multifamily property located in Wildwood, New Jersey. This transaction underscores our commitment to delivering flexible, asset-based financing solutions tailored to real estate investors. Unlike traditional loans, this offering required?no personal income verification or tax returns, relying instead on the property’s strong income stream and operational performance. The property’s 100% occupancy and strategic coastal location position it as a resilient investment in a high-demand rental market. Essencap’s expertise in structuring asset-driven financing enabled a seamless closing, emphasizing speed, flexibility, and alignment with investor goals. By prioritizing property performance over personal financial history, we empower clients to unlock opportunities that traditional lenders may overlook. This transaction exemplifies our mission to provide innovative solutions for multifamily assets, ensuring investors can capitalize on strategic acquisitions or refinancings with confidence. #RealEstateFinancing #MultifamilyInvestment #CommercialRealEstate #PropertyInvestment #AssetBasedLending #WildwoodNJ #RealEstateOpportunity #InvestmentStrategy #PropertyFinancing #RealEstateInvestor #CommercialLoans #CoastalRealEstate #RealEstateDevelopment #InnovativeFinancing #EssencapCapital

Direct Lender No tax form required, No proof of employment required, No W2 required, No income checks at all! Loan size: $100,000 to $2 million Purpose: purchase, cash withdrawal and refinancing Loan term: 30 years fixed/30 years amortized Maximum lifetime value: Purchase – 80% / Refin – 75% Minimum FICO: 660 DSCR hashtag #RealEstateLoans hashtag #DSCRLoans hashtag #InvestorLoans hashtag #RealEstateInvestors hashtag #PropertyFinancing

Direct Lender No tax form required, No proof of employment required, No W2 required, No income checks at all! Loan size: $100,000 to $2 million Purpose: purchase, cash withdrawal and refinancing Loan term: 30 years fixed/30 years amortized Maximum lifetime value: Purchase – 80% / Refin – 75% Minimum FICO: 660 DSCR #RealEstateLoans #DSCRLoans #InvestorLoans #RealEstateInvestors #PropertyFinancing

Direct Lender No tax form required, No proof of employment required, No W2 required, No income checks at all! Loan size: $100,000 to $2 million Purpose: purchase, cash withdrawal and refinancing Loan term: 30 years fixed/30 years amortized Maximum lifetime value: Purchase – 80% / Refin – 75% Minimum FICO: 660 DSCR #RealEstateLoans #DSCRLoans #InvestorLoans #RealEstateInvestors #PropertyFinancing

Direct Lender No tax form required, No proof of employment required, No W2 required, No income checks at all! Loan size: $100,000 to $2 million Purpose: purchase, cash withdrawal and refinancing Loan term: 30 years fixed/30 years amortized Maximum lifetime value: Purchase – 80% / Refin – 75% Minimum FICO: 660 DSCR #RealEstateLoans #DSCRLoans #InvestorLoans #RealEstateInvestors #PropertyFinancing

EssenCap Funding has successfully provided $840,000 in cash-out refinancing for a creatively repurposed mixed-use property in Wildwood, New York. What was once a Blockbuster Video store has been thoughtfully transformed into a modern 5,688-square-foot building that now houses a professional law office and residential apartments. This innovative conversion showcases the potential for reimagining defunct retail spaces into vibrant mixed-use developments that serve contemporary community needs. The property owner's vision in renovating the vacant former video store into a professional office space combined with residential units demonstrates the evolving nature of commercial real estate in suburban communities. EssenCap recognized the value in this transformation, structuring the cash-out refinancing with a conservative 55% Loan-to-Value (LTV) ratio. This financing allows the property owner to capitalize on their successful renovation while maintaining strong equity position in this well-executed adaptive reuse project. #AdaptiveReuse #CommercialRealEstate #MixedUseDevelopment #RetailConversion #CashOutRefinancing #BlockbusterTransformation #RealEstateInnovation #PropertyRepurposing #SuburbanRenewal #WildwoodNY #RetailEvolution #CommercialFinancing #RealEstateInvestment #PropertyRedevelopment #EssenCapFunding

EssenCap Funding has successfully provided $840,000 in cash-out refinancing for a creatively repurposed mixed-use property in Wildwood, New York. What was once a Blockbuster Video store has been thoughtfully transformed into a modern 5,688-square-foot building that now houses a professional law office and residential apartments. This innovative conversion showcases the potential for reimagining defunct retail spaces into vibrant mixed-use developments that serve contemporary community needs. The property owner's vision in renovating the vacant former video store into a professional office space combined with residential units demonstrates the evolving nature of commercial real estate in suburban communities. EssenCap recognized the value in this transformation, structuring the cash-out refinancing with a conservative 55% Loan-to-Value (LTV) ratio. This financing allows the property owner to capitalize on their successful renovation while maintaining strong equity position in this well-executed adaptive reuse project. #AdaptiveReuse #CommercialRealEstate #MixedUseDevelopment #RetailConversion #CashOutRefinancing #BlockbusterTransformation #RealEstateInnovation #PropertyRepurposing #SuburbanRenewal #WildwoodNY #RetailEvolution #CommercialFinancing #RealEstateInvestment #PropertyRedevelopment #EssenCapFunding

Essencap Funding successfully?funded?a $624,000 commercial condo purchase in Ponte Vedra, Florida. The property, located just 15 miles north of the historic city of St. Augustine—the oldest European-established settlement in the continental U.S., founded in 1565—provides an ideal location for the borrower’s high-end appliance repair business. The borrower sought to centralize their operations by acquiring a dedicated space to bring their repair services in-house, eliminating the need for constant travel to client locations. This strategic move is expected to enhance productivity, streamline operations, and improve overall efficiency. Essencap Funding’s support enabled the borrower to secure a space that aligns with their business goals, marking another success story in empowering small businesses to grow and thrive. #EssencapFunding #CommercialRealEstate #SmallBusinessFinancing #PonteVedraFL #BusinessExpansion #ApplianceRepair #BusinessGrowth #CommercialMortgage #FloridaBusiness #BusinessOwnership #OperationalEfficiency #BusinessInvestment #RealEstateFinancing #GrowingYourBusiness #BusinessSuccess #LocalBusiness