|By Marketwired .||
|June 9, 2014 04:15 PM EDT||
NEWPORT BEACH, CA -- (Marketwired) -- 06/09/14 -- Sabal Financial Group, L.P., a diversified financial services firm specializing in real estate, lending and banking, today announced its expansion into commercial real estate (CRE) term lending. To facilitate the growth into this sector, the company is leveraging a leading edge technology to facilitate a predictable and reliable financing solution for small balance commercial real estate loans.
"Historically, many loan applicants have faced extended periods of uncertainty throughout a lengthy financing process. Our new platform is staffed with exceptional talent focused on providing superior service and managing to high-level quality expectations. Our innovative technology simply accelerates the process," said Len Israel, Director of CRE Term Lending for Sabal Financial.
SNAP provides a web-based, security-controlled interface where brokers and their borrowers can efficiently go through the loan process with access to real-time interest rates, loan tracking tools and closing checklists. Designed with the unique needs of brokers in mind, SNAP can be accessed through the Sabal Financial website or direct link portal. Once registered, SNAP greatly increases transparency to brokers working to get their loans approved by providing status updates and access to crucial loan process information.
Sabal Financial's CRE Term Lending division will leverage the company's experience with its existing lending platforms and skilled team of commercial real estate investor professionals. The group offers term loans from $1 million to $10 million for a wide range of commercial property types through an exclusive broker-driven network.
"From day one, innovation has been a key to Sabal's success, bringing expertise and efficiency to the real estate and financial marketplace," said Pat Jackson, CEO and Founder of Sabal Financial. "Sabal continually finds ways to reinvent traditional processes through the use of technology and the launch of our CRE Term Lending division and development of SNAP are important steps in accomplishing this mission. We believe SNAP embodies Sabal's innovative spirit and will be embraced by brokers seeking an improved way to transact commercial real estate loans."
For more information about Sabal Financial's CRE Term Lending department, please visit: www.sabalfin.com/businesses/real-estate-capital-solutions/cre-term-lending.
About Sabal Financial
Sabal Financial Group, L.P. is an international diversified financial services firm specializing in real estate, banking and lending headquartered in Newport Beach, Calif. The firm's flagship Principal Investments business has established a strong foothold in the distressed debt arena, bringing nearly $7.4 billion in real estate and land assets under management since the firm's inception in 2009. The Sabal Financial platform also operates a number of complementary businesses including Real Estate, Bank Solutions and Sabal Europe. For more information, visit www.sabalfin.com.