|We spend more time to understand your financials than anybody in the business, but coming up with a decision and an underwriting package involves much more than entering numbers into a computer program and printing out the results. That's how many lenders operate. Of course, we at Newcastle Financial take full advantage of the latest technology, and this is what helps us deliver the most efficient and streamlined process in the industry. But we also take the time to understand how each individual deal is different.
Your commercial real estate project means a lot to you. You've worked hard on developing your proposal, and it's a lot more than just numbers on a page to you. Every project we deal with has its own "character" that transcends the financial statement. We at Newcastle Financial understand that, and your deal is more than just numbers on a page to us, as well. We pride ourselves on our flexible and innovative approach, and can come up with a program that is uniquely suited to you, even if you have a less-than-perfect financial statement.
|Other lenders' flexibility is simply restricted to offering a computer-calculated loan amount and interest rate that is tied to the financials. We believe that approach is too limiting. We often look much deeper into the deal to understand the true nature of the business, and what's behind the bottom line.
|Only then can we truly understand a project's real earnings potential, and this deeper understanding allows us to provide you with a higher loan amount and better interest rate.