MEECROP's recent loan transactions and participationsMEECORP Application FormEditorials and Press ReleasesMeecorp's Featured Real Estate PropertiesGlossary of common finance termsContact informationMEECORP's HomepageMEECORP Capital Markets - the Streetwise Commercial Lender
MEECORP's Products

Bridge Loans

Construction Loans
Sale Leasebacks
Alternative Collateral Loans
International Loans
Documentation for Loans
MEECORP's Products
Mezzanine Loans Print
Acquisition, Construction, Restructuring and Refinancing

LOAN AMOUNT: $10,000,000 and up

BORROWER: Management and/or ownership should be experienced. Past or present credit problems, including Chapter 11 or Chapter 7 bankruptcies are workable.

LOAN TERM: 1 to 5 years, interest only.

PREPAYMENTS: Loans may be prepaid at any time after the first anniversary of the loan with no prepayment penalties.


COLLATERAL: Pledge of the stock of the borrowing entity, second mortgage on the real estate (if permissible), improvements and equipment. Office, recreational, medical, warehousing, manufacturing, hospitality (hotels/motels) or industrial properties. Typically income producing, located anywhere in the USA and in select countries around the world.

L-T-V RATIO: Up to 90% of the As-Is Value by independent third party MAI appraisal when combined with the first mortgage.1

DSC RATIO: Typically, a minimum of 2.0 of Excess Cash 2 over mezzanine debt service.

USE OF LOAN: Proceeds may be used for land development, real estate acquisition, construction costs, equipment, working capital, closing costs, cash-out, etc..

PROCESSING: Approvals within 24 hours, commitments within 48 hours, and closings in as little as 14 business days.

EXIT FEE: In lieu of equity, there may be a fee of between 1% and 5% of the loan amount.

COMMITMENT FEE: Typically between 1% and 3% of Loan Amount.

SUBMISSIONS: Property and area description • Three years operating statements • Sources and use of proceeds statement • Information on existing debt • Borrower’s financial statements • Schedule of all proposed capital expenditures • Appraisal, if available

1 As-Is Value defined as a cash sale within a 180-day marketing period
2 Excess cash: NOI – 1st mortgage debt service

MEECORP The Streetwise Commercial Lender Email Us at Address: 2115 Linwood Avenue - Suite 301- Fort Lee, New Jersey 07024

Home | About Us | Products | Closings | Apply | Investor Area | Press Area | Glossary | Contact Us | Site Map