Royal Commercial Capital Announces Alternative Financing Options as Banks Retreat

Burnsville, MN, August 02, 2009 --(PR.com)-- As United States banks retreat from commercial lending, Royal Commercial Capital founder and President Anthony Pierpont announces that it his company is taking proactive steps to provide alternative financing to its commercial real estate clients all over the United States.

With banks requiring perfect credit and what seems like an inordinate amount of liquidity, they have raised the bar so high that commercial lending is down 80% nationwide. Royal Commercial Capital (RCC) has a pool of private money that can be loaned to commercial real estate investors at an attractive Loan to Value (LTV) of 60%, cash out.

According to Anthony Pierpont, RCC does not focus as much on credit scores as much as we do on a solid exit strategy. For the developer who cannot get a project financed, RCC has loans with no prepay penalties and a more creative approach to get the transaction funded quickly. This is an advantage for the developer because the benefits out way the cons for many reasons including no obtrusive participants meddling in the day to day operations and the project bank accounts, and the developers don’t have to deal with personality clashes and/or litigation.

For banks, RCC offers alternative financing for its existing clients. These clients avoid losing the deposit accounts by only saying “No” when a client or company needs to finance a commercial property, therefore, making his banker a hero for finding a viable alternative.

If the loan size is too large, RCC can find other lending sources that can get the project done with out-of-state options. RCC can provide the small business owner SBA loans for start up and expansion of an existing business as long as the client has a resume in that business type. SBA (small business administration) loans can require as little as 10% cash down. For Commercial or Residential Realtors, RCC can execute a tailored financing package that will get their client the best loan possible with the best terms through its ability to shop nationwide for the best loan. For the business attorneys and CPA's we can help their clients both in distressed situations or A-paper clients who demand the best rates and terms around.

Royal Commercial Capital has survived this economic down turn and is now poised to find the best new lenders that enter the market place. As the economy and the lending markets shift, RCC will be there with its years of expertise ready to the meet the challenge and rewards. RCC will continue its commitment to doing what is right for the client and making every effort to put the client and company in the best position possible insuring its abundance and success.

Royal Commercial Capital’s pipeline of loans range from small mixed use properties to thirty five story executive centers in the beltway of major cities. RCC has national exposure to loans all over North America. RCC has a $200 million pipeline and is aggressively seeking new lending sources that may emerge or return to the market place.

###