Commercial Golf Course Loans
MCL CONSULTANTS provides commercial mortgage loans for golf course, mini-golf, driving ranges and other similar property types nationwide.MCL lends on stabilized properties and businesses with the ability to historically document income. Revenues should be trending up with courses residing in strong demographic and economic communities.
Loans for Golf Course Properties
MCL CONSULTANTS provides golf course loans and financing for private, semi-private and private membership courses. Strong sponsorship and management is required.
Golf Course Lending
Commercial golf course mortgage loans are available up to $250MM. Driving ranges and mini-golf facility loans start at $500,000. Financing is provided for property, club house, dining facilities and more. Equipment, carts, tractors, etc. are not eligible for financing.
Golf Course Loans from $250,000
Loan Collateralized by Commercial Real Estate – No Business Only Financing
Acquisition or Refinance of Stabilized Centers
15, 20, 25, & 30 Year Amortizations
3, 5, 10, 15 Year Fixed Rates
80% LTV – Subordinate Debt OK
Flexible Prepay Options
Full Document – Personal Recourse
Minimum 660 Credit Score
3 Years of Historical Income Req.
Low Minimum 1.20DSCR
Bridge Loans and Hard Equity Loans for Golf Courses
For borrowers unable to historically document income, or require non-traditional financing, Direct provides bridge loans for golf courses. Hard equity golf course loans are available.
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