QualiFi, LLC Delivers $1,000,000 in Financing to a $180 million+ Property Management Company.

QualiFi, LLC Delivers $1,000,000 in Financing to a $180 million+ Property Management Company.


Welcome Dan Mancini into the QualiFi “Million Dollar Club”.?

In his very first month working with clients & coming out of five weeks of QualiFi University Training, Dan Mancini , commercial finance manager at QualiFi, LLC, was able to facilitate, secure and fund a “one million dollar transaction” to a real estate Mogul in the state of Georgia.?

The company has been in business for 20+ years with a real estate portfolio valued over $180 million.

As many of you may know, Real Estate is typically a difficult industry to lend into and restricted by many lenders, especially in this current economy, post Covid.

The business was facing endless "no's" from banks & lenders and needed a quick influx of cash (a quick bridge loan) to support and float expenses while they are working on a few upcoming closings in Q2-3.?

They had been doing very well financially but were having a tough time proving that to the banks, being somewhat leveraged. With Dan’s assistance and previous real estate experience, he immediately built a great rapport with the client. With that said, sealing this deal was no easy task.

He had a verbal agreement with the client to move forward & request contracts, but after sending him the contract, our client was frustrated with some of the language / collateral being required by the lender.

As professionals it is important to understand a client's objections and concerns and more important, to address them without getting defensive or emotionally involved.

Dan worked with the client to find out more about what exactly was troubling them in the agreement. He worked diligently with the underwriting team to make a few necessary?adjustments to the contract in order for the business to feel comfortable moving forward.

Once our client agreed with the terms of the contract, he was ready to begin turning things around for the better after the unforeseen downtick in commercial real estate the last few years primarily due to all the work from home, lack of inventory and non-stop interest rate hikes.?

With limited documentation needed, we were able to quickly acquire funding for this company and enable the growth of their property portfolio.

Funds were secured and funded in under a week with a corporate only guarantee!

Bridge loans are extremely versatile, particularly regarding the amount of money & speed in which we can fund. As long as the business meets the requirements, they are a viable choice when in need of quick cash to cover any of the following: temporary cash flow help, purchasing inventory at a deep discount, unplanned expenses, bridge while waiting on A./R (slow paying clients), Rapid growth and basic working capital.?

If any of these above sound familiar and you feel your business can benefit from partnering with QualiFi, we'd love to assist you.

Having money at your fingertips when you need it most is key!

To learn more about QualiFi and our solutions helping businesses with multi-year term loans credit-lines & many other solutions, please visit us @ goqualifi.com or

simply apply now to QualiFied (no pun intended)!


#BORROW.BUILD.BELIEVE

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