Spectrum Commercial Lending, Inc. Closes Commercial Real Estate Loan Projects in Excess of $5.2M in March

Irvine, CA, April 20, 2009 --(PR.com)-- Spectrum Commercial Lending, Inc. a leader in the commercial lending industry is happy to announce loan closings that totaled in excess of $5.2M in projects for the month of March. These loans consisted of both conventional and SBA 504 purchases.

Although today’s environment brings its challenges, Spectrum believes there are still plenty of opportunities to do business. They are proud that their conventional refinance allowed their borrowers to substantially reduce their monthly debt service and provide a financial cushion which all borrowers are looking for today.

The purchases were structured as SBA 504 loans and would not have been completed as easily if it weren’t for the support of the SBA lending intermediary, EDF Resource Capital, Inc. Spectrum Commercial is a big proponent of the SBA 504 program and uses the program whenever possible. The company believes the benefits of this program to the borrower are numerous.

Spectrum Commercial Lending, Inc. is located at 2070 Business Center Dr., #285 Irvine, CA 92612. For more information on Spectrum Commercial Lending, Inc. please contact Mike Muetzel at (714) 841-5255 or email at m.muetzel@contactspectrum.com.

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