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CLEARWATER, Florida - Bison
Financial Group, Inc., a commercial mortgage brokerage business
based here announces a 28 day turnaround time from loan commitment
to funding. A new first mortgage was placed on the subject
property, a 52 unit apartment complex in Lee County, Florida.
The loan amount was $1,200,000 which represented 80% of the
purchase price and renovation budget.
Bison is a licensed Florida
Mortgage Brokerage Business with the ability to broker, as
well as purchase for its' own account, various forms of discounted
and/or defaulted residential and commercial real estate notes
and mortgages, time share paper, structured settlements, annuities
and lotteries. They also arrange bridge financing, joint ventures
and A&D loans.
David Repka, President of
Bison Financial says, "We are not cookie cutter financiers.
We are willing to look at properties off the beaten track;
forlorn orphan property that nobody wants or complicated deals
that nobody has figured out how to put together. Plus, we
get it done when time is of the essence."
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