Leverage Announces Strategic Partnership With 11 Capital Finance
The partnership will streamline communication for funding origination between credible borrowers and lenders.
Through this strategic partnership, Leverage customers can now connect with an 11 Capital lender nationwide using a personalized financing analysis generated by the software. The analysis, also known as the Leverage Report, pre-screens a borrower's loan request against standard commercial underwriting guidelines before engaging a lender.
"The emergence of COVID-19 has wreaked havoc on the commercial financing process," says John Matheson, CEO of Leverage. "The best way for our company to respond is to connect our portal to a brokerage solution that is credible, nationwide, and represents many lender sources. After an extensive search, 11 Capital Finance is that company."
"By aligning our existing loan servicing capabilities with Leverage, we will be able to provide a swifter, more convenient, and cost-effective solution for commercial borrowers looking to get funding. We are excited to partner with Leverage and add even more value to the commercial borrower and lender relationship, especially during these challenging times," Brian Carmody, CRE Loan Executive of 11 Capital Finance.
Leverage is a finance software that allows potential borrowers to calculate transaction data against today's standard commercial underwriting guidelines. The software determines the viability of financing a business or investment property before speaking with a lender.
About 11 Capital Finance:
11 Capital Finance is a full-service brokerage firm that provides financing nationwide with over 110+ specialty lenders. The company offers thousands of commercial real estate and business loan programs, as well as non-bank type loans with billions of dollars to deploy immediately.