EMCAP

1140 Reservoir Avenue, Cranston, RI, 02920  

EMCAP is dedicated to funding real estate investors throughout RI, MA, NH, ME and FL. EMCAP is a private lender (“hard money lender”) capable of offering investors (no owner occupants) flexible real estate financing programs and quick execution time frames that are unmatched by traditional lending sources


EMCAP is dedicated to funding real estate investors throughout RI, MA, NH, ME and FL. EMCAP is a private lender (“hard money lender”) capable of offering investors (no owner occupants) flexible real estate financing programs and quick execution time frames that are unmatched by traditional lending sources. EMCAP can approve, issue a commitment to lend, and close within 5 days of receiving a completed application. Emerald does not perform a credit check, and we don’t require an appraisal. Highlights: - Lending in RI, MA, NH, ME - Renovation, Construction, and Commercial Bridge - As low as 11% interest-only - Interest charged on the drawn amount, not full loan amount - As low as 2 points – Can split the points to ½ at close and ½ at exit - 12 to 18 mos loans - Rehab loan structure - generally 80-90% of purchase and 100% construction/renovation - No financial docs needed - Can close in as early as 5 days - Brokers welcome


EMCAP is an affiliate of The Procaccianti Group. TPG was founded in 1964, is a second generation, privately-held real estate investment and management company boasting a broad national platform that spans all sectors of real estate. TPG is one of the top 5 privately held hotel owner/operators in the US with 66 hotels nationwide, representing all of the major hotel brands. Throughout five decades, the Company has owned or managed hundreds of real estate assets surpassing 20 million square feet of with a value approaching $5 billion


LENDING PROFILE

EMCAP arranges the following loan types:
  • RESIDENTIAL: Hard Money , Construction loans , Fix and Flip
  • COMMERCIAL: Hard Money , Construction
  • LAND: Hard Money
Lending territories: RI

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