Business-Purpose Financing Disclosure

All financing evaluated, structured, arranged, or coordinated through Evoque Commercial, the commercial real estate and development finance platform of Loancutters, Inc. dba Evoque Lending ("Evoque"), is business-purpose financing. This page states what that means and what follows from it.

What business-purpose means here

The financing discussed on this website is for business, commercial, and investment purposes: acquiring, entitling, developing, constructing, completing, carrying, refinancing, or recapitalizing real estate projects held for development, sale, rental, or investment. Borrowers are typically entities (limited liability companies, partnerships, and corporations) formed for the project or the business behind it, and the proceeds are applied to the project, not to personal, family, or household use.

What this platform does not do

Evoque Commercial does not arrange consumer credit. It does not arrange loans for the purchase or refinance of a home the borrower or a member of the borrower's family intends to occupy, and nothing on this website is advice about, or an offer of, owner-occupied residential financing. Content throughout the site (programs, guides, calculators, and articles) describes business-purpose development finance and should be read only in that context. If your need is a consumer home loan, this platform is not the right place for it.

Certifications you should expect

Because purpose determines how a loan is treated, expect it to be verified rather than assumed. During review and documentation, borrowers and their principals are asked to certify the business purpose of the financing and the intended use of proceeds, and to confirm that no proceeds will be used for personal, family, or household purposes. These certifications are relied upon by Evoque and by the capital sources involved, and they must be accurate.

Underwriting, approval, and due diligence

Business-purpose financing is never automatic. Every financing is subject to underwriting; to approval of both the property and the sponsorship; and to due diligence, including third-party reports, title review, and verification of the information submitted. Programs and parameters are subject to change, availability varies by state and by transaction, and no financing, structure, terms, or timeline is guaranteed. Submitting an inquiry through this website is not an application for credit and does not commit Evoque or any capital source to lend or arrange, as described in the no commitment to lend disclosure.

Questions

Questions about whether a contemplated financing is business-purpose may be directed to info@EvoqueLending.com or 1-800-505-8121. When the honest answer is that a request is consumer in nature, we will say so and step aside.