Finance Your Investment Properties Without Collateral
Select Capital is partnered with a diverse group of lenders including life insurance companies, CMBS and investment banks. Our strong relationships with these lenders enable us to maintain a healthy variety of nonrecourse loan products and terms. Our clients benefit from competitive rates that will help preserve your working capital.
A nonrecourse loan is an agreement in which the collateral securing a loan is the sole source of repayment. The lender can’t hold the borrower or guarantors liable in the event of a default. The lender can seize and sell the property but can’t seize non-pledged property or assets from the borrower.
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Limits |
$100,000 minimum |
|
Rates |
Competitive |
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Terms |
Up to 30-year rate terms |
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Amortization |
Up to 30-year amortization |
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Recourse |
Nonrecourse |
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LTV Limits |
80% LTV |
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Property types |
Apartments & Mobile Home Parks, Retail, Office, Industrial, Self-Storage, Hospitality, Industrial, Single Tenant |
At Select Capital, we believe commercial real estate investors should be able to get the funding they need without a high bar of entry. Because of this, we offer non-recourse commercial real estate loans. Unlike traditional lending instruments, our non-recourse loans do not require any collateral, allowing property investors at all levels to get the funding they need. Our non-recourse loans can be used for a variety of purposes, including:
- Acquisitions
- Renovations
- Construction
- Fix and flip projects
Non-recourse real estate loans from Select Capital feature:
- Loan amounts up to $50 million
- Generous terms
- Fast closings
- Low interest rates
- Minimum credit score of 680 to qualify
Contact Us
If you need financing without collateral requirements, contact Select Capital today and ask about our non-recourse real estate loans.