Republic Funding LLC is a wholly-owned subsidiary of Republic Investment Company. The entity has made over 200 loans since 1993 to borrowers for the purposes of acquiring, refinancing or repositioning income-producing commercial real estate.
Republic Funding’s ability to fund and close loans within days has helped differentiate itself from other private lenders.
Tenor, size, pricing and other details vary on a loan-by-loan basis, however most loans executed by Republic Funding have the following characteristics:
- First-lien mortgage interest
- $1 million minimum loan size; no maximum
- 50-60% Loan to Value
- 6-24 months tenor
- Proposed collateral is an income-producing office, multifamily or retail asset
- Personal guaranty required
For further information contact us.