For many years, the principals of American Med & Commercial Capital has arranged below-market-rate financing for builders and developers. Our key index for financing is floating, 30-day LIBOR. Historically, the 30-day LIBOR does not fluctuate significantly and is usually the lowest market index rate.
We are a premier source of funding for both commercial real estate financing and refinancing. However, we can provide financing for any commercial business purpose when the loan is backed by a Direct-Pay Letter of Credit (DPLC). Our lending begins with deals that are at least $10 million, and only limited to an institution’s ability to issue a maximum size letter of credit. We typically close our loans within 2 to 4 weeks.