Metro Funding Corp. (MFC) recently closed a $1,050,000 loan for the refinance of a Sports Complex and 14K square foot Banquet Hall in Cincinnati, OH

The borrower approached MFC in order to take advantage of a reduced loan payoff from their current note holder. The borrower was given strict time constraints that a conventional bank could not accommodate. In addition, the borrower's credit score was not sufficient enough to qualify for a conventional loan. "Due to the current economic environment, borrowers are unable to obtain financing in the time needed. MFC continues to expedite the loan process in order to satisfy borrowers' requests," says Senior Underwriter, Jason Lasser. The Sports Complex continues to operate, allowing all of the children in the area to enjoy its amenities and have a fun summer full of baseball and volleyball.



Metro Funding Corp., headquartered in Paramus, NJ, is a commercial real estate lending company specializing in asset-based opportunity (hard money) loans. Metro Funding Corp. provides domestic and international loans to corporate entities.



Web site: http://www.metrofundingcorp.com/