Loan amount
$100K-$10M
Loan-to-value (LTV)
85%
Required credit score
500
Required deal experience
None
Rates
Starts at 6.5%
Fees
Varies per project
Address
10004 Wurzbach Rd., #289, San Antonio, TX, 78230
About
Proactive Commercial Lending Group, LLC was formed back in 2003 by Bruce Myles with the thought that many good, hard working business owners were not getting the Banking Services they needed to survive, maintain and grow their business. This was due to the restrictions on banks (FDIC) or banks not willing to take a chance on their own customers and communities (or Lazy Loan Officers)!! After working with private investors that were willing to take a chance if their investments were protected and secured, we formed a group of investors and begin awarding the loans that banks could not, or would not make to help both sides of the communities involved, with financing for new business and rehabs, and refinance loans.
States
Arizona California Colorado Connecticut District of Columbia Florida Georgia Hawaii Illinois Indiana Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Missouri Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

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