GSP is working with a national portfolio lender who will finance borrowers with credit challenges such as prior foreclosures, bankruptcy, low FICO scores, low liquidity, poor global cash flow, etc. In addition, the lender will also review properties with weak operating history, deferred maintenance, and other challenging property conditions. Fixed rate loans start at 4.30% with terms ranging from 3 years to 10 years. The lender can finance loans up to $25,000,000 for commercial and up to $40,000,000 for multifamily.
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