Essencap Funding LLC

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Essencap Funding LLC We help business owners and commercial real estate investors execute their financial goals by providing top-tier loan and funding solutions.

Deal Snapshot: $1.25M Refinance | Flushing, NY | 55% LTVProperty Overview:Three commercial/office condo units located in...
10/12/2026

Deal Snapshot: $1.25M Refinance | Flushing, NY | 55% LTV

Property Overview:
Three commercial/office condo units located in Flushing, NY
Centrally located within a well-established commercial corridor
Two units owner-occupied for the borrower's own business use
One unit currently vacant

Pain Points:
Overseas trade tensions drove up costs, forcing partial relocation of operations abroad
Resulting negative income triggered a failed annual covenant review with existing SBA lender
Loan fell out of compliance — urgent refinance needed
Mixed occupancy (owner-use + vacancy) added complexity for traditional underwriting

Essencap's Solution:
No tax returns or income verification required
Underwrote based on real estate asset value, not company financials
Secured bank financing (not hard money) at 7%+ rate
Closed quickly, giving borrower breathing room to stabilize and refocus on growth

Why It Worked:
Strong, centralized location supported asset-based underwriting
Asset-based approach bypassed the income shortfall that sank the SBA relationship
Right banking relationship = competitive rate despite non-traditional financial picture

We are proud sponsor of NYC Young Leaders' NightThe future of real estate isn’t just about building properties. It’s abo...
10/10/2026

We are proud sponsor of NYC Young Leaders' Night

The future of real estate isn’t just about building properties. It’s about building smarter.

That was one of the key takeaways from NYC Young Leaders’ Night 2026, where Essencap was proud to be one of the Gold Sponsors.

The evening brought together an impressive group of professionals and emerging leaders to have meaningful conversations about the forces shaping our industry.

🤖 AI & Technology — exploring how innovation is changing the way we work, make decisions, and create opportunities.

🏗️ Real Estate Development — discussing the evolving landscape of real estate and the opportunities ahead for the next generation of industry leaders.
Real estate has always been an industry built on relationships, experience, and trust. But as technology continues to move forward, there is a tremendous opportunity to combine that foundation with new ideas, smarter tools, and a willingness to adapt.

That’s what makes gatherings like this so valuable.

It’s not simply about networking. It’s about sharing ideas, challenging the way we think, building relationships, and creating the future of real estate together.

A big thank you to our co sponsors and partners — vProp / VoyagerX, NYU Schack Institute of Real Estate, Arbor Realty Trust, Berkadia, Lemon Leverage — for believing in what we’re building and supporting this important conversation.

Proud to be part of NYC Young Leaders’ Night 2026 and excited to see what this next generation of leaders will build.

The future of real estate is being built today.

THE ASSETLocation: Midtown Manhattan Financing: $9.35MM SecuredThe Win: 5.5% Fixed RateTHE CHALLENGESingle-Tenant Risk: ...
10/08/2026

THE ASSET
Location: Midtown Manhattan
Financing: $9.35MM Secured
The Win: 5.5% Fixed Rate

THE CHALLENGE
Single-Tenant Risk: 100% of cash flow tied to one lease.
Bank Hesitation: Conventional lenders feared sudden vacancy.
The Threat: Conservative underwriting, tighter proceeds, higher rates.

THE ESSENCAP SOLUTION
Asset Leverage: Proved prime location value offsets tenant concentration.
Market Aggregation: Canvassed multiple competitive capital sources.
Perfect Structure: Locked 100% full proceeds with long-term security.

THE ASSETLocation: Mary Esther, FloridaProperty Type: Owner-Occupied RestaurantProperty Value: $2,000,000The Win: 15-Yea...
10/06/2026

THE ASSET
Location: Mary Esther, Florida
Property Type: Owner-Occupied Restaurant
Property Value: $2,000,000
The Win: 15-Year Fixed Rate Financing

THE CHALLENGE
Declining Revenue Trend: Two years of decreasing gross sales shown on tax returns.
Bank Roadblocks: Traditional lenders and credit unions were unwilling to approve financing despite substantial equity.
The Threat: Revenue decline overshadowed the property's true value and financing potential.

THE ESSENCAP SOLUTION
Market Rent Approach: Underwrote based on achievable market rental income rather than historical sales performance.
Market Value Focus: Evaluated the strength and value of the real estate, not just the business financials.
Creative Capital Solution: Structured financing around the asset's real-world worth and long-term stability.

THE RESULT
15-Year Fixed Rate Loan
40% Loan-to-Value Financing
Based on $2 Million Property Value
No Deposit Relationship Required
Long-Term Payment Stability
THE TAKEAWAY

A declining revenue trend doesn't always mean a declining asset.
When conventional lenders focused on past performance, Essencap focused on real estate value and delivered a successful financing solution.

Deal Snapshot: $1.25M Refinance | Flushing, NY | 55% LTVProperty Overview:Three commercial condo units located in Flushi...
10/01/2026

Deal Snapshot: $1.25M Refinance | Flushing, NY | 55% LTV

Property Overview:

Three commercial condo units located in Flushing, NY
Centrally located within a well-established commercial corridor
Two units owner-occupied for the borrower's own business use
One unit currently vacant
Challenges:

Overseas trade tensions drove up costs, forcing partial relocation of operations abroad
Resulting negative income triggered a failed annual covenant review with existing SBA lender
Loan fell out of compliance — urgent refinance needed
Mixed occupancy (owner-use + vacancy) added complexity for traditional underwriting
Essencap's Solution:

No tax returns or income verification required
Underwrote based on real estate asset value, not company financials
Secured bank financing (not hard money) at 7%+ rate
Closed quickly, giving borrower breathing room to stabilize and refocus on growth
Why It Worked:

Strong, centralized location supported asset-based underwriting
Asset-based approach bypassed the income shortfall that sank the SBA relationship
Right banking relationship = competitive rate despite non-traditional financial picture

Direct LenderNo tax return required,No proof of employment required,No W2 required,No income checks at all!Loan size: $1...
09/28/2026

Direct Lender
No tax return required,
No proof of employment required,
No W2 required,
No income checks at all!
Loan size: $100,000 to $3 million
Purpose: purchase, cash out and refinancing
Loan term: 30 years fixed/30 years amortized
LTV Purchase – 85% / Refin – 80%
Minimum FICO: 660

White label available
www.essencap.com/tearsheet

Address

1 Barstow Road, Suite P6
Great Neck, NY
11021

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+18882691033

Website

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