About Us
Performance Capital is one of Arizona’s leading
sources of private capital. With over 30 years experience in real
estate, Performance Capital is able to understand and provide creative
financing options for opportunistic real estate transactions. Our
process enables us to quickly fund loans that make sense.
Performance Capital brings together an experienced
and diverse group of talented and dedicated professionals with expertise
in all areas of private and institutional real estate finance and
development. As a result, our investors have grown to rely on the
skills, experience and knowledge of a management team that truly
understands all facets of the real estate industry.
Our unique approach to financing allows speed
and flexibility that traditional banking environments cannot provide.
Traditional in-the-box bank underwriting guidelines often fail to
realize the true potential of a project and rarely share the vision
of the borrower. Performance Capital shares the vision.
Performance Capital has a competitive advantage
over other lenders because loans can be underwritten and funded
in a fraction of the time that it takes banks and traditional lending
sources. Performance Capital uses “private” capital to fund loans
and therefore is not restricted by conventional lending requirements
and strict banking regulations.
Performance Capital is licensed with the Arizona
Department of Banking, license number: MB-0905871 |
Loan Programs
Performance Capital brings a “make-sense”
underwriting philosophy back to lending. The collateral for the
loans we make always consist of the real property the borrower is
purchasing, developing or re-financing and are secured by a first
deed of trust on the property.
Performance Capital provides the following financing structures
 |
Raw Land |
|
Acquisition and Development |
|
Commercial Real Estate, including office, retail, multifamily,
industrial, mini-storage. |
|
Residential real estate including single family, owner occupied,
spec and lot financing. |
Loan Types
|
Purchase money for acquisition |
|
Cash Out |
|
Re-finance |
|
Bridge financing |
|
Construction loans |
|
Note purchases |
General Terms and Conditions
| Loan size: |
$50,000 to $25.0 million |
| Interest rate: |
10% - 13% |
| Points: |
2 – 4 |
| Term: |
3 months to 3 years |
| Amortization: |
Interest only |
| Loan to value: |
up to 65% |
|
