Putnam Funding, a boutique bank specializing in debt and equity funding for all commercial real estate, announced today that it is ringing in the new year with several new lending programs to serve its growing customer base.
While Putnam will continue to offer its bridge and middle tier loan programs, it is also rolling out new programs that offer qualified borrowers up to 100% financing using both debt and equity lending platforms.
"Our initiative is to continue our path to disrupt the commercial real estate industry with state of the art lending programs and exemplary customer service," said Steven Goldberg Putnam's manager. "We want our clients to know that we view each loan as a partnership that is not just for the current transaction but for all their lending needs going forward." "Where banks limit their underwriting to a strict matrix, Putnam looks at each deal individually based on its own merits. We are able to find value and security where most other lenders can't," said Goldberg.
Putnam is celebrating a record year of growth both in lending and raising funds. The company is launching its 4th income fund at the end of January and expect to manage assets in excess of $600 Million.
"We are excited to offer maximum returns for our investors while providing innovative and affordable funding for our borrowers," Goldberg stated.