Commercial loan programs in North Carolina
We offer short-term, first-lien commercial financing across North Carolina:
Why North Carolina investors choose us
Every loan is funded with our own money. As a balance-sheet lender, we have no institutional capital behind our loans and no outside committee to satisfy, so the people who review your deal make the decision. Expect limited paperwork, an in-house or BPO valuation with no full appraisal, no minimum credit score, and closings in about 2 weeks or less, subject to underwriting.
Loans typically run $100,000 to $2,000,000; smaller loans, and larger loans up to $5,000,000, are considered case by case. Rates are 10.99% to 12.99% (current typical range; subject to change, market conditions and underwriting), with 2 to 4 points, interest-only payments, up to 70% LTV or LTC on a first lien, and a term of 12 months, plus one optional 6-month extension.
Property types we finance in North Carolina
How investors use our financing in North Carolina
Growth-market value-add
In Charlotte, Raleigh-Durham and the Triad, older apartment properties, retail centers and flex buildings often trade with renovation or lease-up upside. Bridge financing funds the plan before a permanent loan.
Self-storage and light industrial
Storage facilities and small industrial buildings near the state's highways and growing suburbs frequently need a lender who can close quickly on a lease-up, an expansion or a maturing loan.
Coastal and mountain markets
Retail and mixed-use in Wilmington, Asheville and smaller cities can fall outside a bank's box because of size, seasonality or condition. These are deals we review on their merits.
Before you submit a North Carolina deal
Check zoning, permitting and any change-of-use requirements with the city or county early, and line up title work quickly. For coastal properties, plan ahead for insurance. Send us the rent roll, the leases, the renovation budget and your exit plan.
What we don’t lend on
- Owner-occupied homes or any property the borrower will live in
- Loans for personal, family or household purposes
- Ground-up construction or land loans
- Second liens or mezzanine financing
- DSCR or long-term rental loans (we make bridge loans only)