GHMCommercialLoans.com Announces Direct Commercial SBA 7a Loan Financing on the $1,100,000 Commercial Real Estate Purchase of the Riviera Lodge in Saratoga, WY

April 01, 2007 (PRLEAP.COM) Business News
April 1, 2007 - GHMCommercialLoans.com announced on Monday, that it originated and financed a Commercial Loan for the purchase of the Riviera Lodge located directly on the banks of the world renowned trout fishing North Platte River in the beautiful Saratoga, Wyoming area.

‘This was a unique destination property that was not affiliated with a nationally flagged hotel chain, which required GHM Commercial Loans to think outside the box to structure the Buyer’s purchase based on their extensive hotel management experience and success at a national level in the hospitality industry. We worked with the buyer’s needs to offer excellent terms that allowed the buyer’s to continue building their dream business of unique hotels and lodges across the mountain regions of the United States’ says Bryan Timmerman, GHMCommercialLoans’s Vice-President..’ This particular deal demonstrates GHMCommercialLoans.com’s ability to fund a variety of properties types and loan sizes with complex transactional parameters, while also easing the typical fears that many buyer’s have about obtaining an advantageous SBA 7a loan structure’ says Bob Messner, GHMCommercialLoans’s Vice-President of Underwriting.

GHMCommercialLoans.com arranged for a fixed rate loan in the 8% range with a 25-year amortization with the Buyer bringing only 10% to the closing table.

About GHMCommercialLoans.com

As a Direct Commercial Mortgage Bank Lender offering Direct Portfolio and Correspondent Capital Markets Conduit, Insurance and Pension Fund commercial loans, GHM Commercial Loans saves you time and money by creating a competitive environment that forces the market to compete for your business.

GHMCommercialLoans.com is a leading national provider of Conventional, Portfolio and Wall Street Capital Markets finance structures of multi-family, retail, commercial and SBA 504 - SBA 7A commercial mortgage real estate loans in the $500,000 to $100 million plus range. Headquartered in Scottsdale, Arizona, GHMCommercialLoans.com originates, underwrites and finances commercial loans in all 50 States, including Alaska and Hawaii.

For more information on GHM Commercial Loans, please visit us online at www.GHMCommercialLoans.com.

The submission process is simple, takes less than 2 minutes and one of our qualified Senior Underwriters will contact you within 24 hours for a FREE preliminary Underwriting Session. Thank you.