Singer Financial Corp.: Your Hard Money Solution
Singer Financial Corp. is a private financial institution with over 20 years of experience making real estate secured commercial and business loans in Pennsylvania, New Jersey and Delaware. The company is owned by Paul Singer who founded Singer Financial Corp. in 1992, and we have been located in the Rittenhouse Square area of Center City Philadelphia since 1995.
Singer Financial Corp. is a direct portfolio lender with our own pool of capital available to lend. This provides us with a great degree of flexibility to meet our borrowers’ business needs. We offer our borrowers very fast loan approvals, generally in less than 48 hours. We also offer our borrowers fast settlement with the ability to close on a loan in as little as 5 business days from approval, but have closed on mortgages in less 48 hours.
We make loans for a wide variety of business purposes including commercial debt consolidation, commercial refinancing and loan workouts, payment of delinquent taxes or other liens, working capital, property improvement or purchase, owner occupied business properties, and unique and creative business deals the mega banks won’t finance. At Singer Financial Corp, you will find a lender that is willing to think “outside-the box”, and consider loans that other lenders will not consider.We offer flexible terms designed to meet our borrowers’ needs. Singer Financial Corporation will make loans for as little as $50,000.00 and as much as $1,000,000.00.
We are proud to be able to offer interest rates as low as 11%, and loan terms for up to 5 years with NO pre-payment penalties. We are able to offer our borrowers loans equal to up to 60% of the value of the real estate offered as collateral for the loan.We see continuing reluctance by the large commercial lenders to make loans and continue banking relationships with small business who do not fit within regulatory criteria for government insured business loans. Many potential borrowers approach us because the large commercial lender with which they had a long-standing relationship refused to renew a line of credit or called their business loan. Many of these businesses have real estate and other assets that make them strong candidates for private real estate secured business loans. This presents a myriad of lending opportunities for small private lenders like Singer Financial Corp. who are willing to provide the financing that small business needs, when needed. Singer Financial Corp. has a long and successful history of funding loans brought to us by business and other professionals. We recognize that developing and maintaining partnerships with brokers and other professionals is a key component to our mutual business success. We welcome you to contact us today at 215-893-9722 or 1-800-SINGER-6.