NTIB Finance and Consulting is run by Michael Weinberg, who has spent more than 40 years owning and operating businesses before brokering financing for them. We are based in Cortlandt Manor and work with a network of more than 50 lenders: local and national banks, credit unions, SBA lenders, factors, equipment finance companies and private credit funds.
Commercial mortgages and bridge loans, SBA 7(a) and 504 loans, accounts receivable financing and factoring, equipment financing and sale-leasebacks, working capital lines, and refinancing of expensive merchant cash advance debt. Deal sizes typically run from $100K to $10M and up.
A $600K accounts receivable line for a New York commercial contractor with public jobs, a segment most lenders avoid. A $350K SBA loan for a New York insurance agency with no hard collateral, funded in weeks. A $6.5M industrial refinance just over the border in Connecticut that moved the owner from a bridge loan to a long term bank mortgage.
Your bank has one credit box. If you fit it, great. If you do not, the answer is no, and the reason is rarely explained. A broker takes the same file to fifty boxes and packages it so the right lender says yes. Most of our closed deals started with an owner someone else had declined.
Cortlandt Manor, Peekskill, Yorktown, Ossining, Tarrytown, White Plains, Yonkers, New Rochelle, Mount Vernon, Port Chester and every town in between, plus Putnam, Rockland, Dutchess and Fairfield counties and the five boroughs. Most financing work happens by phone and email, so distance is never the issue; knowing the local market is what matters.
Nothing. The conversation and the review of your situation are free. If we place your financing, we charge a small fee at closing.
A/R lines and equipment deals often fund in two to four weeks. SBA loans typically run four to eight weeks. Bridge loans can move faster when the collateral is clean.
That is exactly when to call. A bank rejection is usually a packaging problem or a wrong-lender problem, not a dead end.
Talk to a local broker today. Call 914.419.3059, book a free consultation, or start an application.