Introducing Cred Advise, Inc: Fresh Financial Solutions

Nov. 21, 2010 - PRLog -- Cred Advise, Inc. is a financial services company with a goal to help create financial stability. It is a culmination of expertise in the fields of debt management, residential lending, commercial lending, and economic forecasting.  As the leaders in default service solutions Cred Advise is unique since as it is a turn-key solution for a wide diversification of financial products and services, enabling clients access to a more personalized plan to both recovery and success.
Cred Advise has recognized a need to address the issues facing the economic stability in regards to business trends and real estate value declines. Investors and commercial brokers are faced with declining values and an unmanageable debt load with no clear answer or solution.

In the current state of the economy, commercial property owners are defaulting on their notes. Over the next 3-4 years a tremendous amount of commercial notes are coming due, but for the first time a large scale of property owners unlike ever before are in a position where they cannot pay the balloon payment nor refinance. Whether the problem is a less than perfect credit score, a lack of funds to pay the note in its entirety when the balloon payment is due, or an underwater mortgage, commercial property owners are at risk of defaulting or foreclosing.

The good news is Cred Advise has the experience and knowledge to rescue commercial real estate from experiencing the same downturn we saw in the residential market in recent years by taking a proactive approach, working with lenders on the behalf of property owners. The FDIC is encouraging lenders to work with experts like Cred Advise since the lenders typically have little to no experience in developing work outs that are fair and sustainable.

Cred Advise, Inc. offers the advantage of having relationships with the top mitigation contacts at each lender, enabling faster, superior results. Property owners need proven strategies that work. Cred Advise has successfuly restructured hundreds of deals, getting results that are extraordinary with respect to commercial lending. The commercial loan restructure (clr) starts with a free prequalification, which includes a new term proposal to show the projected outcome from the negotiation process.

The restructure process includes an audit and analysis. A vivid picture is created to show the lender why a modification is necessary and beneficial for themselves and the borrower. Additionally, unlike an attorney retainer that is billed by the hour, Cred Advise, Inc. offers a commercial loan restructure that is 100% refundable in an instance a restructure is not completed. That’s because Cred Advise has a 97% success ratio upon successful prequalification.

Via the commercial loan restructure program Cred Advise can help apportion cost and overhead for commercial property by reducing interest rates, granting a forebearance or interest only period, extending terms and amortization, and bringing arrears to the back end of the principle balance to bring the note current.

Cred Advise’s proven method transforms underperforming properties into income producing businesses. By lowering the monthly mortgage payments, rent can be lowered to become more competitive in today’s market, which increases the occupancy rates.

Cred Advise, Inc. has a myriad of fresh financial solutions that specifically cater to the needs of today’s commercial property owners. By recognizing the economic trends Cred Advise is at the cutting edge of creative and alternative financing and debt solutions.

For more information on commercial loan restructures, other default service solutions, or to arrange an interview with the leaders of Cred Advise, Inc. team, please contact Michael Carbonara    at    518.288.3560    or via email at    MichaelC@CredAdvise.com


Website: http://www.CredAdviseCommercial.com
Facebook: http://www.facebook.com/CredAdvise

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Cred Advise, Inc is a turn-key solution for a wide diversification of financial products and services. Our goal is to assist you in accomplishing your financial goals by providing a combination of custom solutions that make the most amount of sense for you.