Walker Commercial Funding's President and CEO Brian Walker recently received a referral letter that we wanted to share with the public. Unfortunately, many clients including this one, treat our finance as a "trade secret" and will express their appreciation, but not reveal their name or project name. Walker Commercial Funding and Brian Walker always honors our NCND's so for that reason, this letter has been sanitized. We have added some links to the text for your own research on our commercial funding model and protocol.
March 22, 2009
Mr. Brian Walker
Walker Commercial Funding
Dear Mr. Walker,
I wanted to personally thank you and your team at Walker Commercial Funding and provide you with a letter you can share with other clients (please do not share my name) or feel free to put this on your website:
I found Brian Walker and Walker Commercial Funding by find Walker Commercial Funding's Spanish version of their website on yahoo. I wanted to do business with someone local because I had been burned by three brokers in the US in the past 12 months. I saw the "no upfront fees" page on Walker Commercial Funding's website and decided to call the owner himself. I clicked on Brian Walker's skype me button and I was talking to him immediately.
Brian Walker told me it was Walker Commercial Funding's policy that they never charge upfront fees and only accept projects that they already have a funding source and they know they can fund. I told Brian Walker my entire story of how 3 other brokers charged me upfront fees for commercial fundings that never happened. I had spent a total of $40,000 and my project still was dead. My subcontractors had moved on and my buyers wanted their deposits back.
I was concerned about my project because one Walker Commercial Funding's website, it said projects $10M and up. I told Brian Walker I only needed 8M. Brian Walker said he would accept my file (for free) and Walker Commercial Funding would underwrite the file (for free) and present it to their funder if the file made sense. It sounded too good to be true. I sent them my entire package and it took them 4 days to restructure my file before they presented it to the funder, their underwriter (Cindee) asked me questions none of the other funders asked. This game me a lot of confidence in Waker Commercial Funding.
One week later, Brian Walker skyped me and told me he had two things for me: a) Walker Commercial Funding Service agreement and b) a letter of intent to fund from his funder.
This was so professional! The other three brokers had me sign a service agreement, took an upfront fee and their funders never even performed. I signed the Walker Commercial Funding service agreement, faxed it to Brian Walker and then he sent me the LOI.
I signed the LOI and within 4 days the funder flew to my site, did a site inspection and closed the deal exactly one week later.
Yes, my commercial funding thanks go to Walker Commercial Funding, Brian Walker, Cindee and his funder performed! But most importantly, I'm back to work, my subcontractors came back and my depositors gave me their deposits back. Many, many thanks to Brian Walker and Walker Commercial Funding. As they say in Mexico,
Muchos Gracias!
(Name Withheld)
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