At Steelhead Capital, our two main goals in any transaction are 1) to create a competitive environment that forces capital sources to compete for the borrower's loan and 2) to manage the transaction workflow so the borrower can focus on executing their business plans.

Banks are constrained by loan products and underwriting guidelines that don't necessarily fit the borrower's needs. The Bank's loan officers are incentivized to maximize profits while pushing as much of the risk as possible onto the borrower. Banks also force borrowers through a variety of hoops and typically provide only limited assistance managing transaction workflow.

Steelhead's approach is fundamentally different. Our fiduciary obligation is to you, the borrower. Since we are not limited by our affiliation with any one bank, we are able to present your loan to a broad spectrum of potential capital sources and secure the best terms and pricing that the market can offer. Equally important, Steelhead remains very much involved in the transaction, sharing the burden of collecting and processing information, coordinating third party reports and driving towards a smooth and successful close.

Steelhead Capital charges a placement fee of one percent of the loan amount. Banks also typically charge a loan fee of one percent or add an equivalent discounted value into the spread. Because Steelhead Capital absorbs the cost of originating loans for the lender, we are able to negotiate direct pricing with most lending sources. As a result, borrowers typically incur no additional costs by engaging us to negotiate and manage their transaction.

In addition, Steelhead saves its clients time and money by creating a competitive environment that forces the market to compete for the borrower's business. Ultimately, clients get all the cost benefits of a more effectively managed transaction without having to accept exorbitant spreads or large loan fees.

Steelhead Capital prides itself on taking a private banking approach to supporting client objectives. By choosing to engage a customer we are committing all of our resources to making their opportunity a success. Customers that work with us know that this often means going beyond the role of a typical advisor.

By company mandate, each Steelhead professional is limited to engage no more than five new clients below the application stage at any one time. Our clients are qualified on many of the same criteria that banks use in evaluating loans. However, beyond identifying whether we are capable of effectively helping a client meet their objectives, we typically require an exclusive engagement letter that obligates both parties to the relationship. By limiting the number of real estate investors we agree to represent, we are able to provide a full service, advisory experience that is unique in today's capital markets.

The goal at Steelhead Capital is to add value to customer transactions by offering a wide range of financing alternatives and direct access to top national, regional, and local lenders. We have funded deals through agencies, life companies, conduits, and "out-of-the-box" lenders. In addition to permanent debt financing, we regularly structure transactions using high-leverage bridge loans, mezzanine debt, construction loans and straight equity. For loan amounts below $3 million we have developed strong relationships with our Preferred Capital Affiliate partners mentioned below.

Commercial loans and apartment financing loans from $400,000 to $100 million have the privilege of working with our Preferred Capital Affiliate partners at BMC Capital. Headquartered in Dallas, BMC has offices around the country and finances commercial real estate in all 50 States.

Smaller commercial loans for office, retail, industrial and storage from $100,000 to $400,000 are directly available from our Preferred Capital Affiliate partners at Commercial Direct. With their flexible approach to mortgage processing, they offer you quick mortgage solutions with a lot less paperwork than typical lenders.