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Navesink River Capital

Frehold, NJ·3 states
In addition, Navesink River Capital will fund the acquisition of notes and mortgages secured by real estate and make loans to operating businesses.
Navesink River Capital describing itself

Loan programs

Maximum leverage
Max LTV 75%
Maximum leverage
Max LTV 75%
Maximum leverage
Max LTV 75%
Also offers— no published terms

Terms & qualification

Typical loan size
$65K – $2M
Typical term
6 mo – 24 mo
Interest rate
8% – 12%
Origination / points
1% to 4%
Lien position
1st
Prepayment penalty
no
Payment structure
Interest Only
Recourse
Always
Closing speed
10 days typical · 2 days fastest
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Credit Report, Tax Returns, Bank Statements, Loan Application
Borrower entity
LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation

Property types

Lending footprint