Sabal Financial Introduces “SNAP™ Next-Gen Application Process Alternative to Traditional Lending
- Jun 09, 2014
Newport Beach, Calif. – Sabal Financial Group, L.P., a diversified financial services firm specializing in real estate, lending and banking, has 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,” says 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.
“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,” says Pat Jackson, CEO and Founder of Sabal Financial.