Atlanta REIA Welcomes WGC Commercial LendingPosted on February 28, 2013 by
WGC Commercial Lending is a National full service commercial finance company, providing all types of commercial real estate and business financing to real estate investors and small/medium size businesses. WGC provides financing across four major categories which are; commercial real estate, general small business loans/lines of credit, equipment leasing and asset based lending. The company has the ability to provide financing for transactions that range from as small as $500 to over $500M depending on the type of transaction.
WGC is led by managing partner Charles Williams. Charles has 15 years of strategy and finance experience working with small businesses up to Fortune 500 companies. He has assisted organizations in developing and implementing business and financing strategies to grow their top-line as well as their bottom line. Charles is a graduate of West Point and has a MBA from Kellogg (Northwestern University).
Financing Programs for Real Estate Investors
Specifically for commercial real estate investors, WGC Commercial Lending provides several financing programs such, but not limited to, construction loans, conventional financing, refinancing, cash-out refinancing, SBA, and bridge/hard money loans. The company just launched a new financing program offering credit lines for real estate investors ranging from $50K-$150K. These credit lines are unsecured and can be used for residential and commercial real estate investing.
WGC recommends the following general guidelines for obtaining commercial real estate financing:
- Capital Needed – An investor should clearly articulate how much money they need and how the funds will be used as part of the transaction. Also, the investor should have an initial idea of the type of financing (i.e., conventional or bridge) they are seeking and their rational for seeking this type of financing.
- Commercial Property Profile – Investors should obtain as much information about the property as possible. This information generally includes items such as 3 years of tax returns, property financial statements, rent rolls, pictures and recent appraisals.
- Investor Profile – Commercial lending companies will want information on any investor who will own 20% or more of the property. This information generally includes 3 years of personal tax returns, Personal Financial Statements, credit reports and a brief bio and/or resume.
WGC also suggests that the investor develop a 1 to 2 page executive summary that includes aspects of the 3 guidelines mentioned above.
For more information about how WGC can assist you in financing your real estate transactions, please contact Charles Williams at 678-831-4498 or firstname.lastname@example.org. You can also visit the company web site at www.wgclending.com.
Would You Like to Expose Your Business to More Active Real Estate Investors?
Do you own a business that could benefit from a whole new segment of clients or new customer base? You too could be a Business Member of Atlanta REIA. Our Business Memberships are designed to give your enterprise as much exposure as possible to our members, guests and followers based on your membership type (Silver or Gold) and your ongoing level of participation within our group. The more you participate, the more benefit your business will receive. All we ask is that you participate with our group as much as possible and consider offering our members reasonable discounts for your products and services.
Find out today if your business qualifies and if you can benefit from associating with Atlanta’s most progressive real estate investors. Call or email me today to receive a free report, “20 Ways to Get Your Business Involved with Atlanta REIA”.