Ronam
Business Term Loans
- Best for businesses with high and consistent sales that are in need of quick unsecured cash
- Covers the business needs without disrupting any operations.
Capital
THE FLEXIBLE FAST BUSINESS LOAN ALTERNATIVE
Merchant Cash Advance
- No collateral required.
- If your business is seasonal, repayment terms will fluctuate based on your business sales.
- It works even with a slightly bruised credit
Secured Business Loans
A secured business loan allows you or your business to tap into lower borrowing rates by using property as collateral. Secured business loans are fantastic options for business owners who might want to avoid high fees and interest rates. Our secured loans have no restrictions on how you can use the money, and they have better term lengths than other types of loans. As long as you foresee the business’s ability to continue to generate enough revenue to keep it running and repay the loan according to the terms, there is little risk involved.
- Access more money than with a term loan or cash advance
- Term lengths of range anywhere from 1 to 5 years
- We offer biweekly and monthly payment options.
- Less-than-perfect credit is fine
Residential Mortgages
Whether you’re purchasing a home, refinancing an existing mortgage, or accessing the equity in your property, we offer customized financing solutions designed to meet your goals.
Real estate financing can provide the capital you need to move forward with confidence. With access to first mortgages, second mortgages, and alternative lending options, homeowners and investors can unlock opportunities that traditional financing may not accommodate.
Our mortgage solutions can help you:
- Consolidate high interest debt and credit cards into one manageable payment
- Access home equity to start or expand a business
- Refinance an existing mortgage at renewal or maturity
- Obtain funds for renovations, investments, or personal financial goals
- Leverage equity for the down payment on another property
- Purchase residential or investment real estate
Whether you’re a first time homebuyer, seasoned investor, self employed borrower or someone facing unique financial circumstances, we work to find the financing solution that best fits your needs.
Let us help you unlock the potential of your property and achieve your financial objectives.
Commercial Mortgages
Commercial mortgages are typically obtained by businesses, such as partnerships, corporations, or limited companies, rather than individual borrowers. The assessment for these loans is more complex, focusing primarily on the asset class, income, expenses, and the borrower’s ability to service the loan. These loans can provide up to 65% loan-to-value (LTV), depending on the asset class and location.
Construction Loans
Construction loans generally offer up to 65% loan-to-cost (LTC) Clients may receive pre-construction draws for excavation and demolition, and purchaser deposits can sometimes be applied toward development costs, subject to specific conditions.
These loans cover land development and building construction expenses, with funds disbursed at each completed stage according to a prearranged schedule or upon meeting certain conditions. Typically, construction loans are repaid over 24 to 36 months from the proceeds of permanent financing or the sale of the asset.
Construction Loan Checklist:
- Project details
- Location
- Total gross floor area (GFA) and buildable area (square feet)
- Current zoning
- Project status
- Purchase date and price
- Progress since purchase
- Builder information
- Borrower and guarantor details
- "As-is" land value
- Completed project value
- Current debt stack
- Existing equity
- Loan amount requested
- Use of funds
- Loan term
- Pre-sales information
- Sales agency details
- Exit strategy
- Budget
- Draw schedule
- Experience of builder/developer
- Environmental considerations
Our Financing Capabilities
Through collaborations with institutional lenders and Ronam Capital's private investors, enables us to have access to virtually unlimited capital to facilitate transactions of any size.
Projects to be Considered
- Raw land
- Condominium developments
- Single-family residential construction
- Cannabis facilities
- Development land
- Hospitality properties (hotels, motels, restaurants)
- Mixed-use projects
- Multi-unit residential buildings
- Gas stations
- Shopping malls and plazas
- Industrial, apartment, and office buildings
- Recreational and resort properties
- Student housing
- Retirement facilities
- Private schools
- Property conversions
Alternative Mortgages
Private lending is a popular alternative to conventional bank financing due to the numerous benefits it offers.
Key Features of Private Mortgages:
- Term Length: Typically up to 1 year, with an option to renew.
- Rates and Fees: Depend on the loan-to-value (LTV) ratio and overall risk exposure.
- Fees: Lender and legal fees are deducted at closing. The appraisal fee must be paid upfront by the borrower. In some cases, we may cap the lender's fee and offer an interest reserve option on an exceptional basis.
Common Reasons for Borrowing:
- Avoiding high-interest penalties for breaking an existing mortgage
- Challenged or no credit
- Debt consolidation
- Inability to qualify under the stress test
- Paying tuition fees or medical bills
- Not qualifying for a conventional mortgage
- Paying out consumer proposals to rebuild credit
- Clearing property or income tax arrears
- Avoiding power of sale
- Securing business capital
- Funding renovations or construction projects
- Obtaining bridge loans
- Purchasing additional properties
- Buying out a partner
- Resolving mortgage arrears or replacing an existing mortgage to lower monthly payments
Why Choose a Private Mortgage?
Swift Approval and Funding: Securing a loan from a financial institution can be cumbersome due to lengthy administrative processes and extensive documentation. Private lenders act quickly, providing the needed funding without delays. This swift access to capital is crucial in situations requiring rapid funding.
Easier to Qualify: Private loans are ideal for those who can't qualify for a traditional bank mortgage, whether due to self-employment, credit issues, multiple property ownership, or a high debt servicing ratio. Unlike traditional loans, private lending focuses more on the property than the individual, providing access to financing that might be otherwise unattainable.
Support for Value-Add Properties: Investors or property 'flippers' benefit from quick funding for purchases or renovations. Unlike banks that may limit renovation costs and disburse funds only after project completion, private lenders offer flexibility and speed, enabling investors to move in and out quickly despite higher rates.
Flexible Terms: Private lenders can provide tailored solutions compared to the rigid rules of conventional mortgage institutions. Mortgages can be prepaid for the term, eliminating monthly payments, and offer short terms of up to 1 year with renewal options, enhancing borrower success.
Fast Response Time: We respond within 24 business hours. Our support staff is diligent, transparent, and respectful of your time.
Mortgage Insurance
Through our trusted network of insurance partners, we help clients secure comprehensive Home and Auto Insurance solutions designed to protect their assets while maximizing value. Whether you are purchasing a new home, insuring a vehicle, or reviewing your current coverage, our partners can help you find competitive options tailored to your needs and budget.
Home & Property Insurance
Your home is one of your most valuable investments. Through our insurance partners, we provide access to coverage designed to protect your home, personal belongings, and financial well-being from unexpected events. Whether you own a house, condominium, rental property, or investment property, our partners can help you find coverage that offers the protection and peace of mind you deserve.
Auto Insurance
Our insurance partners work with leading carriers to help you find affordable, reliable auto insurance coverage. By comparing multiple options on your behalf, they can help identify available discounts, competitive rates, and coverage solutions that fit your lifestyle and driving needs.
Bundle & Save
Combining your Home and Auto Insurance policies through the same provider is often one of the most effective ways to reduce costs and simplify your insurance management. Our partners can help you explore bundling opportunities that may provide additional savings, enhanced convenience, and streamlined coverage under a single insurer.
Protect what matters most with confidence through our network of trusted insurance professionals and leading insurance providers.
Life Insurance
At Ronam Capital, we provide integrated mortgage, financing, and insurance solutions designed to help you
protect, grow, and achieve your financial goals. Whether you’re purchasing a property, refinancing, accessing
equity, securing business financing, or protecting your family and assets, our team delivers tailored solutions
with expert guidance every step of the way.
- Comprehensive financing and insurance solutions
- Access to diverse lending and coverage options
- Customized strategies tailored to your needs
- Fast, efficient service and expert support
- One trusted partner for your financial future
Value to YOU
At Ronam Capital, we provide integrated mortgage, financing, and insurance solutions designed to help you protect, grow, and achieve your financial goals. Whether you’re purchasing a property, refinancing, accessing equity, securing business financing, or protecting your family and assets, our team delivers tailored solutions with expert guidance every step of the way.
The Loan Application
Apply Now
By clicking any of the APPLY NOW buttons on this site, preliminary information will be collected to get the process started.
Discovery Call
You will receive a discovery call within 24hrs. A plan of action is then put in place with guidance on how to execute.
Complete Application
You will then complete an online application and submit all necessary documents through the client access portal.
Presentation to Lender
Ronam Capital, will present and support a proposal on your behalf to the lender.
Acceptance of Offer
The result and terms of the offer are then presented to you for consideration and acceptance
Approved Commitment
Ronam Capital then seek the final commitment to closing the deal.
Business Shaped Solutions
No matter what stage of growth your small business is in, there’s going to come a time when extra cash will come in handy. Many businesses, both large and small, use borrowed capital to fuel growth and fund other business initiatives. Whether it is leveraging your assets to move forward, or a cash advance, we shape the perfect solution for you.
Business Term Loans
- Best for businesses with high and consistent sales that are in need of quick unsecured cash
- Covers the business needs without disrupting any operations.
Merchant Cash Advance
A Merchant Cash Advance (MCA) is a one-time advance that you repay through a set percentage of your daily credit card and debit sales. The payments are simple, each day a % of your sales is collected until the advance is paid back. This type of funding is best suited for restaurants, retail, and hospitality businesses. If you are processing anywhere from $7500 – $10,000 a month in sales then you more than likely would qualify for an MCA.
- No collateral required.
- If your business is seasonal, repayment terms will fluctuate based on your business sales.
- It works even with a slightly bruised credit
Secured Business Loans
A secured business loan allows you or your business to tap into lower borrowing rates by using property as collateral. Secured business loans are fantastic options for business owners who might want to avoid high fees and interest rates. Our secured loans have no restrictions on how you can use the money, and they have better term lengths than other types of loans. As long as you foresee the business’s ability to continue to generate enough revenue to keep it running and repay the loan according to the terms, there is little risk involved.
- Access more money than with a term loan or cash advance
- Term lengths of range anywhere from 1 to 5 years
- We offer biweekly and monthly payment options.
- Less-than-perfect credit is fine
