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1Your Local Lender | www.abl1.net
Asset Based LendingYour Local Hard Money Lender For Real Estate Financing
2Your Local Lender | www.abl1.net
Our HistoryFounded by 3 former Wall Street execs each with 30+ years of industry experience.• Founded in 2010• Have conducted dozens of our own flips• Over $50 Million in lending capital• 14 employees
750+Projects
Funded $180Million In
Loans
3Your Local Lender | www.abl1.net
Where We LendLocal services with a local
network of trusted professionals• New Jersey• New York• Connecticut• Florida• Massachusetts
• Maryland• Pennsylvania• Virginia• Washington D.C.
4Your Local Lender | www.abl1.net
ProgramsFlexible programs for investors
Fix & Flip New Construction Cash Out/Refinance
5Your Local Lender | www.abl1.net
Most PopularABL’s fix & flip program• 12 months interest only• No prepayment penalty• Loans from $75k - $2MM• Up to 80% of purchase• 100% rehab funding• No interest on rehab escrow over
$100k until drawn• 80%-85% total deal cost• Capped at 65% ARV• 11% - 13% annual interest rate• 2 – 4 points
6Your Local Lender | www.abl1.net
UnderwritingWhat we look for• Deal profitability• Exit strategy• “Skin in the game”• Borrower experience• Credit (as an indicator)• Non owner occupied• 1st lien only
7Your Local Lender | www.abl1.net
Why ABLWe’re different.• Quick close (2 days is our record)• Professionally staffed• Written term sheet, no hidden fees• A trusted network for referrals &
expertise• We won’t run out of money
“Working with ABL has made other lenders obsolete in my opinion. They are very resourceful, knowledgeable and willing to go the extra step to
ensure the success and completion of projects. They’re not typical hard money
lenders, they truly care about their borrowers and really strive to see the
success and growth in others. ” - Jae, Experienced Investor
8Your Local Lender | www.abl1.net
Go!Sound like a deal?Real estate is your passion. Ours is enabling you to succeed with it.
Stacey AndreolaCall: 201-942-9090Email: [email protected]: www.abl1.net
