Products

Cypress Lending Criteria:

    • Commitment Amount  - $500,000 to $15,000,000
    • Term -  1 year (with extension options in some cases)
    • Loan-to-Value -  Not to exceed 50% of the quick sale value of most real estate collateral, and up to 60% for income producing properties
    • Interest Rates - Depending on the collateral, rates range from 12% up to 20%
    • Markets  - Nationwide
    • Asset Types  - Collateral must be real estate or other fixed assets

The primary financial product of Cypress Lending Group is:

Debtor-in-Possession (“DIP”) Lending: Lending to debtor entities in possession of real estate or other physical assets that have filed for protection under the Federal Bankruptcy Code.  DIP financing is characterized as short-term, low loan-to-value, “superpriority”, first-mortgage loans.  The purpose of DIP financing is to provide the borrower/debtor with the necessary working capital to “bridge” the borrower to well-defined exit strategies including, 1) approval of reorganization plan, 2) conventional financing, or 3) sale of asset or business. (Note: On several occasions commitments from Cypress create leverage for loans from existing creditors).

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    Other alternative financings include:

    Real Estate Lending:  When Chapter 11 bankruptcy is not a viable option and the borrowers and/or entities can provide solid personal guarantees with real estate assets with a loan-to-value of less than 50%, Cypress will consider conventional first-mortgage financing.  

    Sale/Repurchase Options:  In situations where debt or equity are not the optimal strategies, Cypress will purchase the property at a below market price, not to exceed 50% of the 90 day fire sale valuation, and, in turn, grant the Seller an exclusive option to repurchase the property for a 6-to-12 month period

    Mezzanine or Equity Financings: Underwritten on a case-by-case basis, Cypress, or a strategic affiliate, will consider mezzanine or equity investments. 

    Bond Financing Restructures: Lending senior debt at the request of the existing debtors, bondholders and/or management in situations where new capital will protect their existing loans and provide the borrower with a viable opportunity to achieve an acceptable exit strategy.

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    info@cypresslending.com