2018 by the Numbers

The commercial financing vertical experienced a banner year in 2018, with several key forces driving a perfect investment landscape for business owners across multiple industries. A robust U.S. economy, coupled with the strongest global economy of the last decade, launched both corporate and consumer confidence to new heights. Additionally, the perceived cash flow benefits of the recently passed Tax Cuts and Jobs Acts (TCJA) encouraged business owners running enterprises of every size and scope to expand their operations, grow their staff, and invest in the equipment and technology needed to increase capacity, efficiency, and profitability.
At Avid Commercial, the past twelve months have brought unparalleled internal growth and countless investment opportunities for our partners. Throughout the year, our wavering commitment to service excellence and client satisfaction helped us achieve several vital goals and milestones. Some of 2018’s most significant standings, statistics, and successes include:

 

Growing National Presence

In 2018, Avid Commercial funded corporate initiatives in 11 different states, with the majority of our business generated in the Western region of the country (UT, CO, CA, AZ, NM, NV).

At Avid Commercial, the past twelve months have brought unparalleled internal growth and countless investment opportunities for our partners. Throughout the year, our wavering commitment to service excellence and client satisfaction helped us achieve several vital goals and milestones. Some of 2018’s most significant standings, statistics, and successes include:

 

Growing National Presence

In 2018, Avid Commercial funded corporate initiatives in 11 different states, with the majority of our business generated in the Western region of the country (UT, CO, CA, AZ, NM, NV).

Property Types

At Avid Commercial, we continuously strive to broaden the verticals and property types we support with funding. This year, we financed multiple industries including:

  • Medical/Dental
  • Retail
  • Office
  • Warehouse
  • Industrial
  • Self-Storage
  • Mixed Use
  • Hospitality

Property Types

At Avid Commercial, we continuously strive to broaden the verticals and property types we support with funding. This year, we financed multiple industries including:

  • Medical/Dental
  • Retail
  • Office
  • Warehouse
  • Industrial
  • Self-Storage
  • Mixed Use
  • Hospitality

Average Closing Time

Fast access to cash is essential for our partners to keep their companies ahead of the competition. With an average 2018 closing time of 45 days, our team of commercial finance innovators has helped countless entrepreneurs finance mission-critical initiatives as quickly as possible for optimal return on investment.

Loan Types

At Avid Commercial, we know there’s no such thing as a one-size-fits-all (or even most) finance strategy. In 2018, we proudly offered our partners several loan models for a customized final solution that minimizes risks and drives overall profitability. This year, our funding options included:

  • SBA 504
  • SBA 7a
  • Conventional
  • Investor

Avid Commercial would like to thank you for a successful and growth-driven 2018. Our team of funding experts looks forward to new opportunities in 2019 to do what we do best: develop customized commercial finance solutions that help our customers expedite access to cash flow and keep their operations moving forward.

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