Flags Up Financial LLC is organized to make short-term real estate loans to the owners of commercial real estate which is leased to the United States Postal Service.
Most Original USPS real estate leases for new buildings were written for 20 years and many of these leases contained one or two 5-year renewal periods. At the end of the original lease term, the post office buildings that had portages would be paid off.
Most of the post office buildings leases are renewed for a 5-year renewal term after the original lease has expired. Many times, as part of the renewal process, the USPS will require that deferred maintenes, improvements and upgrades be made to the property before the lease is renewed. There can be other expenses and costs, such s commissions, to paid for at the time of the lease renewal.
As members of the Association of United States Postal Lessors, AUSPL, we specialize in real estate loans associated only with real estate leased to USPS.
Unlike most real estate lending, the loan approval process is very convenient and fast. There are no financial statements or income tax required. No minimum credit scores.
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