Financing Your Future!

Aspire Capital, LLC was created based on the need to bridge the process between the need for real estate capital and the ability to obtain it. As a residential and commercial Financial Intermediary and Consultant, we have access to the following lending platforms that can satisfy any and all lending requirements:

Our Services Include:

Debt, Equity, JV Solicitation, Engagement, Negotiation and Procurement

Proforma and Financial Consultation for Real Estate Transactions

Available Product Offerings     

Agency Lending Programs -for both commercial and residential properties

Regional Banks and Credit Unions

Commercial Banks

Commercial Mortgage Back Securities (CMBS)

Life Insurance

Family Office -Private

Equity Participation-Joint Venture

“There is a definitive gap in how customers (both consumer and commercial) are being treated. Aspire Capital will be different and separate itself from competitors by building relationships first then soliciting business. Trust is an essential component of lending, We will ensure a positive experience as I will treat individuals the way they should be treated. With honesty, integrity and transparency.” -Michael Rudd, President and CEO

Our Process:

We are a highly respected financial intermediary and consultation firm. With that in mind there is a process we follow. This is done to benefit  all parties involved. We respect everyone's time and understand there is no cookie cutter transaction. Our process:

• Initial call with client
• Authorization Agreement Disclosed
• Due diligence and processing by Aspire Capital ensues once fee is received (if merited).
• Lenders, Equity Partners engaged
• Daily feedback given
• Initial offerings presented and considered
• Negotiation by Aspire Capital
• Final Offerings Reviewed

So you may ask why is there a processing fee?

 Like you I value my time and are extremely committed to what I do. The processing fee ensures that there is a vested interest in you the sponsor too. This fee covers consulting, analysis and negotiation of terms.

So, in that case, why not just find a broker to work on pure contingency with no fees upfront? Seems like an easy solution, but here’s the problem:

If a broker is willing to accept your deal for free, and it’s not an equipment lease, then that is also a red flag. So how is it a risk to you if you’re not paying an upfront fee to a broker? The answer is that a legitimate firm that accepts engagement fees from borrowers has done so because they believe they can execute the loan, and they have been paid a fraction of the fee in advance to work on the file. Firms that charge fees will get far fewer engagements than brokers who are engaged with no fee upfront. By accepting fewer engagements, legitimate firms limit their focus on files that have a strong chance of closing. Legitimate firms perform more efficiently by not taking files from borrowers who are either not serious enough about executing their loan to put some “skin in the game”, or have little confidence that their own loan can close (often because of undisclosed issues). This allows legitimate firms who charge a portion of their fee upfront to lower their risk by focusing on your file to get it to the closing table.

The broker who takes your file with no fee up front is a what we refer to as a “file collector”. They might, on their timeline, shop your deal with a couple of lenders, or blast it out to 50 lenders (thereby likely destroying your chance of getting debt financing), but when they encounter any resistance or difficulty with a prospective funding source, they often simply move on. They may have a hundred or more dormant files on their desk, and all of the prospective borrowers are asking for progress updates on their loan that could be stalled because it was poorly packaged by the broker in the first place. And, if one of their newer files or older files start to get traction, your deal can stay on hold until such time they have time to try and do real work on your file. In the “file collector” world, they can’t afford to put too much time into your file if even a perceived snag occurs. That said, with a “file collector”, you might get lucky and the loan flies through with little work, but that’s extremely rare. We know this because we hear it from borrowers who engaged zero fee “file collectors” and watched their file age like fine wine while the broker pushed them off to handle other priorities. Those refugees, or at least the serious ones, often wind up at our firm eventually, or come back to us after they’ve incurred enough pain to realize that our engagement fees were far cheaper than the opportunity cost of not closing the loan in a timely fashion. So, if you want your real estate or construction loan to move as if it’s a priority and you want a chance to close your loan, pay a professional just like you would pay your accountant or gardener.