Progress Capital arranged a permanent mortgage loan on a TD Bank branch building. This was a Non-Recourse loan with a 15 year term, based on a 25 year amortization. The prepayment penalty is limited to the first 5 years and is waived in the event of a third party sale.
Progress Capital Advisors’ loan programs include Construction, Fixed Rate Loans and Specialty Financing, as well as Directly Funded Bridge Loans. With over $40 Billion in closed loans and $150 Million in direct lending, we will get you to the closing…plain and simple…#thatsPROGRESS