Trevor Cole Commercial Corp

A Commercial Structured Finance Company

Located in New York City, Trevor Cole Commercial Corporation is a Structure Finance firm specializing in financing a variety of projects, from small- and medium-sized real properties to larger ventures like apartment complexes, office buildings, and luxury hotels, throughout the United States. Trevor Cole also successfully obtains loans for business projects, art, venture capital, and even maritime enterprises. Led by financial professional Leslie Agisim, the company is especially successful at closing loans that do not meet traditional banking standards, sometimes called non-conforming loans.

Trevor Cole Commercial Corp. offers its clients a wide variety of financial products, including business loans, private money, conventional mortgages, syndication and securitization, hard money, and origination and underwriting. The company also offers equity for experienced developers and investors. In addition, loans are available for fine art, jewelry, and other collectibles.

An interesting element of Trevor Cole’s business is maritime lending, conducted under the leadership of Captain Dimitrios Fousteris. Maritime loans are available for a minimum of $1 million, for as much as 70 percent of a vessel’s value. The bulk of the firm’s business, though, is in real estate ventures in the United States. Notable closings include an apartment building in Brooklyn, New York, for $2.2 million; and a shopping center in Huntsville, Alabama, for $6.5 million.

Trevor Cole Commercial Corp. is very successful at placing non-conforming loans because of its rigorous standards of due diligence. Applicants must provide strong documentation of their own financial positions as well as the property’s profitability. While Trevor Cole is more receptive to non-conforming loans than traditional lenders are, the company must be satisfied that an enterprise, whether an apartment building, storage facility, shopping center, or fishing boat, will generate sufficient income to pay the loan in a timely manner.

A FICO score of 500+ may be acceptable to secure credit for general business loans and multifamily real estate loans of at least $250,000. Of course, other elements of the applicant’s financial condition must be very good, and the ventures for which the loan is sought must be going concerns. Trevor Cole Commercial Corp.’s company standards have proven reliable, as its principals have closed over $100 million in non-conforming loans.

Trevor Cole Commercial Corp., stands as the lending authority in non-conforming loans.

Trevor Cole Commercial Corp. and their principals, supports many charities. They have donated throughout the years to UJA Federation, Hillel, Chabad, Dorot, Red Cross, Salvation Army and many other charitable organizations.

The Companies motto is, “if you give a little back, you get so much more in return”.

They would be happy to discuss any charities with prospective donors.

What Makes a Commercial Mortgage Different from a Home Mortgage

A home mortgage, such as those offered by the Trevor Cole Commercial Corp, is a loan typically given to an individual or family to help them pay for a house, which they cannot or prefer not to pay for with cash. A business mortgage, also available from the Trevor Cole Commercial Corp, is similar but its differences go beyond in that it is meant for paying business expenses rather than housing costs. The collateral is generally a commercial building, and the borrower is typically a business, not an individual.

The terms offered to businesses are often different as well. Home mortgages tend to be paid in monthly installments, which pay down the interest and principle over time. However, minimal payment structures, such as a 20-year amortization for a 10-year-term loan, are common with commercial lending. This means that a business will pay only the monthly cost of a 20-year loan for a loan that has its total balance due at 10 years, resulting in what is known as a "balloon payment," a single payment where the remaining balance for the 10 years left, both principal and interest, are due. Interest rates are also typically higher for these loans, reflecting the greater risk this lending entails.

FICO Score and How It Typically Impacts Lending

Based in New York City, Trevor Cole Commercial Corp helps clients throughout the US obtain a wide range of loans, from private and conventional loans to mortgage and maritime loans. In addition, Trevor Cole Commercial Corp specializes in obtaining loans for those with low FICO scores.

A FICO score is a type of credit score often used when deciding to lend money to consumers. Created by the Fair Isaac Corporation, this score helps lenders determine the likelihood that a consumer will pay back what they borrow.

Various factors influence a FICO score. These include the types of credit used, the amounts currently owed, how long the individual has had credit, the number of newly opened accounts, and the length of time that the individual has been making consistent, timely payments. These categories may receive a different weight or percentage when calculating the score, depending on the individual borrower.

An individual’s FICO score is represented by a number in the range of 300-850. Anything above 650, in most cases, is considered a better score. Anything below roughly 620 can make it difficult for the borrower to secure loans with favorable rates.

There are, however, organizations that work with individuals and companies to provide financing at reasonable rates, after reviewing and considering the specific circumstances.

The Firm will gladly review the above for any concerns that you may have. This Firm is noted for its ability to handle tough situations. If there are any concerns, please contact us. We specialize in problem solving!!!

What Are C Loans?

Securing over $100 million in loans since its inception, Trevor Cole Commercial Corp., Inc., works with both large, and small businesses to raise capital for a range of projects, mainly real estate. A New York City, NY based company, Trevor Cole Commercial Corp. is particularly experienced in closing commercial mortgage loans, also known as “C” loans.

These “C” loans provide borrowers with the capital needed to move forward on larger commercial real estate projects.

These projects include constructing a new property, renovating an existing one, etc., or buying a property.Unlike residential real estate, commercial real estate consists of money-generating businesses, such as hotels, apartment complexes, shopping centers, retail spaces etc. Included are large entities, such as developers, investors, corporations, and business groups shall make large purchases to include outside entities.

Various institutions that can provide commercial real estate loans include banks, private investors, independent financial lenders, insurance companies, etc. As with all loans, a certain level of risk comes with making such advances. However, lenders usually have various criteria in place to lower the risk of default.

Five Components That Determine a FICO Score

Trevor Cole Commercial Corp., has a nationwide client base that helps secure commercial mortgage loans for companies needing assistance in obtaining funds. Trevor Cole Commercial Corp specializes in securing loans for those applicants with acceptable credit scores, as well as companies needing help.

Most lending institutions rely on the FICO credit scores to assist in determining the likelihood that an applicant will repay a loan. A high FICO score generally lowers the risk. According to, general components contribute to the important grading of scores, each with varying weights.

Important reviews indicate how consistently the applicant has paid past debts. The next issue is how much credit the applicant uses. Using most, or all of the available credit can lower the applicant's FICO score.

Creditors concentrate on history and how long an applicant has required credit. Also, how long the applicant has had each account open, and the last time a transaction was made etc.

The last two categories are new credit and credit mix. New credit refers to the last time an applicant opened an account and the number of recently opened accounts. Credit mix refers to the variety of credit types an applicant has and the amount of payments made.

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