At Innovative Capital Corporation, we focus on providing creative solutions to meet our clients’ unique capital needs. Our clients come to us from various industries, and we can support funding needs both in the real estate sector and commercial and industrial loans.
Frequently, we meet new clients based on referrals from a variety of platforms:
- Peers
- Previous clients
- Partners clients already work with, such as attorneys and CPAs
We understand that when clients need funding, they often have limited visibility of their options. While a traditional commercial bank loan may be an excellent option for some borrowers, it may not be the right fit for another scenario.
On the other hand, we know that not all borrowers meet the requirements of most commercial lenders and are happy to play a role in turning a “no” into a “no, but.”
In many cases, the work that we do at Innovative Capital supports more than just the client themselves, but also the referral partner that helped facilitate our partnership. We help banks and clients coordinate their needs to provide alternative lending options for a better borrower experience.
Keep reading to learn more about how our Innovative Capital team can help you as a referral partner.
Commercial Real Estate Broker
We certainly don’t need to tell you how competitive the real estate market is, especially right now. Deals are closing within days of properties hitting the market. If you’re looking to make a deal, you have to be ready to close fast.
Commercial real estate brokers love working with us because our private capital lending sources provide the ability to close like-cash in significantly less time than they would be able to with a traditional bank loan. We bring clients multiple options and help them avoid being retraded by banks. Additionally, we provide clients with debt market insight prior to choosing the loan program.
Another opportunity that we offer our clients is the ability to refinance their portfolios to access additional capital for new acquisitions. Refinancing is an excellent option for commercial real estate investors looking to continue developing their portfolios, given the current assets they possess. When it comes to real estate investors, we provide the opportunity to consider future opportunities rather than solely basing underwriting decisions on historical data.
Commercial Banker
As a commercial banker, it can be challenging to give clients a hard ‘no’ when they don’t meet the required underwriting guidelines set by your bank. Lead generation is hard enough, but finding leads that meet your lending requirements is even more challenging. But what if we told you that we could provide a fast track to the client profile that your bank uses to qualify for a loan?
Our goal is to help you turn a hard no, into a soft no, and provide your clients with an alternative solution. You might not be able to offer them the funding they’re looking for, but we might have just the right partner they need.
But what’s in it for you? Well, first of all, you get to be the superhero that’s not disappointing your client with a hard no after weeks of trying to make a deal work for them. On top of that, in return for your turn-down business, when we come across a client that meets your ideal borrower profile, we’ll send them your way.
We recognize that every bank has its standard of underwriting guidelines. Let us do the preliminary work of vetting the leads, and we’ll partner you with the right clients that meet the standards that your bank has set in place. We do the preliminary screening to ensure that our clients meet your criteria before sending them your way.
What do you have to lose? Send us your no’s, and we’ll partner with you when we have client referrals that meet your lending criteria. Sounds like a win-win to us.
Attorney or CPA
Attorneys and Certified Public Accountants (CPA) work in a fast-moving, competitive environment. That being said, significant growth can be a challenge without the liquid capital to support it. Our partnership with attorneys and CPAs includes access to the working capital needed to support rapid growth.
Additionally, capital is a necessary factor in making corporate decisions, including partner buyouts or mergers and acquisitions. While pursuing one of these decisions might be the best forward-thinking move for your firm or business, doing so without access to capital is challenging, if not impossible.
Our team supports more than real estate purchases and refinance transactions. Our lending partners support the financing of various corporate changes, including mergers, acquisitions, and buyouts. Not only that, access to liquid capital can help support your business in the event that you’re responsible for past due business taxes or challenged credit.
Mortgage Loan Officer
Our Innovative Capital Corporation team can support the needs of mortgage loan officers to offer alternative lending solutions for clients with Non-Qualified Mortgages. Our private lending partners provide real estate investors the opportunity to close like cash with a private money loan. This is particularly beneficial, as previously mentioned in the current state of the real estate market.
Having a competitive advantage, such as a cash deal, can make or break a closed deal in today’s real estate market. This strategy allows the real estate investor to acquire the asset for a fix and flip project and sell quickly without a prepayment penalty. If they plan to hold and rent the property, they will need a traditional mortgage to take out our private money loan. As the MLO, you have the opportunity to benefit from both transactions.
Additionally, we can serve as a trusted resource to help your clients purchase or refinance a commercial real estate property.
Residential Real Estate Broker
Our private lending partners offer borrowers the opportunity to close like cash on acquisitions or fix and flip projects.
While it’s true that the real estate market is competitive and fast-moving, it’s also true that it provides excellent investing opportunities. Not only that, our team can support borrowers in obtaining rehab capital to rehabilitate investment properties.
Fix, and flip properties are becoming ever more popular but require the upfront investment of buying the property and jump-starting renovations.
In today’s competitive real estate market, the ability to close quickly can make a massive difference in acquiring the right real estate asset.
Business Broker
If your business is looking to grow by means of a merger or acquisition, our diverse pool of lending partners can provide various deal options to meet your needs. We recognize that the needs and criteria of each client vary greatly, and that’s precisely why we have a variety of partners in coordination.
For example, when time is of the essence, and you’re looking for a quick close to make a timely business move, our private money lenders might be your perfect match. Or you may want to discuss how to best structure your purchase sale agreement so that you can get ideal financing.
We can help in both scenarios.
Our Innovative Capital Corporation team can partner and work with various referral partners, as is apparent from the descriptions above. If you or someone you know requires funding for their business or an upcoming venture, call or contact us today.
We’re so confident in our abilities to find you a great deal that if you aren’t happy with the deals that we bring to the table, we don’t charge you for our services. If that doesn’t tell you we’re sure of our lending capabilities, we’re not sure what does.
Give us a call today or request a quote below to get started. We look forward to working with you.
Learn more about why alternative lending is your best-kept secret in the article here.
