Archive for May, 2011

New Jersey Commercial Mortgages | NJ Commercial Loan Financing

Thursday, May 26th, 2011

If you are in the market for a New Jersey commercial mortgage or refinancing, our lending partner can help.

Benefits of its Financings:

Our lender is a wholesale commercial mortgage lender that can arrange commercial loan financing for properties in New Jersey and nationwide. You’ll pay no fees for their quick and easy application, nor are any lender points charged. In addition, there is no yield maintenance or defeasance.

Importantly, because of their unique business model, our lender operates on a low cost structure. This means their New Jersey commercial loan clients benefit by receiving industry low rates – combined with very low costs of closing.

Contact us here for more information


Call us at 888-383-8056

In the past dozen years, it has become one of America’s top originators of commercial debt. They can offer you the benefit of their professional staff’s broad experience in underwriting and closing commercial financings, combined with an ultra modern web-based lending platform.

Loan Offerings:

Our lender utilizes a three-tiered lending model for both its commercial lending and apartment and multifamily loans. This is comprised of small, mid and large balance loans. It also offers a wide variety of supplemental financial vehicles in conjunction with governmental, life insurance, real estate and bank trust programs.

Loans are available both for investor and owner-occupied properties in New Jersey, with up to 30 year terms and 90% financing. You’ll also find unrestricted cash out features.
In addition, you can also qualify for conduit loan financing (using the commercial mortgage-backed securities market) as a  New Jersey borrower.

Below you can check out both the various types of New Jersey commercial loan financing options available to you, as well as some of the many types of commercial properties that can qualify for  commercial mortgages in New Jersey.

Types of Loans Available:

Small Commercial Loans; Mid Commercial Loans; Large Commercial Loans; Bridge Commercial Loans; Construction Loans; SBA Loans; USDA Loans; Apartment and Multifamily Financing; Equipment and Inventory Financing; Factoring; Refinancing; and Conduit Financing

Types of Properties that Qualify:

Affordable Housing, Apartments, Auto Repair, Auto Dealer, Assisted Living, Bowling Alley, Car Wash, Church, Commercial Construction, Condominium, Congregate Care, Daycare, Dental, Fitness Center, Funeral Home, Gas Station, Golf Course, Healthcare Facility, Hotel, Motel, Industrial, Marina, Manufactured Housing, Medical Center, Mini Storage, Mixed Use, Multifamily, Nursing Home, Office, Restaurant, Retail Center, School, Self Storage, Seniors Housing, Student Housing, Veterinary, Warehouse and many others.

Your Next Step:

To get started, or for more information about qualifying for a New Jersey commercial mortgage, you can:


Contact us here for more information


Call us at 888-383-8056

Commercial Loans for Doctors | Mortgage Financing for Physicians

Tuesday, May 24th, 2011

If you are seeking a commercial loan for your doctor’s offices (whether for initial construction, or to make improvements to your existing medical facility) our commercial loan partner can help.

Our partner has been a leading provider of commercial loans and mortgages for physicians and other medical practitioners for many years. It is able to maintain a very low cost structure for its medical industry borrowers because of its thorough knowledge of the commercial lending industry.

In fact, its fees and loan costs are often the lowest to be found in the commercial lending market. And it charges no lender points, no yield maintenance and requires no defeasance.

Contact us here for more information


Call us at 888-383-8056

What are my Borrowing Options?

A wide variety of wholesale, conduit and government-sponsored solutions are available for those needing mortgage financing for their physicians’ offices (whether the property is an investment, or is occupied by the owner), with as much as 90% financing over 30 year terms.

These commercial loans for doctors’ offices include:

•    Small Office Loans (Wholesale)

•    Small Office Loans (Conduit):

•    Medium Office Loans (Wholesale):

•    Medium Office Loans (Conduit):

•    Large Office Loans (Wholesale):

•    Large Office Loans (Conduit):

•    Office Bridge Loans:

•    SBA 504 Loans:

•    SBA 7(a) Loans:

•    USDA Loans

What do I do next?

You have a couple of options:

Contact us here for more information


Call us at 888-383-8056

Payment Gateway vs Merchant Account

Friday, May 6th, 2011

This post will provide a high level overview of how merchant accounts and payment gateways work together. We’ll start with basic definitions of each.

A ‘payment gateway’ is a browser-based application that allows a shopping cart to transmit credit card data in a real-time, secure environment, to a credit card processor. Most online payment gateways also have a virtual terminal feature that allows merchants to process manual transactions as well.

A ‘merchant account’ is an account set up with a credit card processor that allows the business to accept credit cards from their customers. The processor’s primary function is to authorize the transaction, capture the funds from the customer’s credit card, and deposit them into the merchant’s business checking account.

How does a payment gateway and a merchant account work together?

Okay, so let’s say someone just bought something off your website (congrats!).

Here’s how it works:

  • your shopping cart computes the total, captures the customer’s billing info, and posts all data to your payment gateway.
  • the payment gateway transmits the data securely to your credit card processor for an authorization code.
  • your merchant account processor verifies the credit card and sends back an approval or decline code to the payment gateway.
  • if approved, the credit card processor captures funds from the cardholder and deposits the funds into your checking account (normally 2 business days).
  • if declined, a decline code is sent back that can help you understand why the card is not getting approved.
  • if the payment gateway receives an approval code from your credit card processor, most will settle the transaction that night automatically. Some merchants that make custom products may choose to manually settle the transaction at a later date.
  • the payment gateway transmits both approval and decline codes back to the shopping cart to alert the customer to the outcome of the transaction.

All of this happens in just a couple seconds…pretty amazing technology!

Be sure to check for compatibility

First thing you want to do is make sure the payment gateway you’re using is going to be compatible with your shopping cart. Most shopping carts will list compatible gateways in their ecommerce section. If you’re not sure, call us at 888-383-8056. Our internet merchant account specialists will check your shopping cart for gateway compatibility.

Once you’ve established that the payment gateway will be compatible with your cart, you need to set up a merchant account. The merchant account needs to be set up before the payment gateway is set up, as the gateway is programmed with the merchant account information. Make sense?

Then, once your merchant account is approved, the payment gateway is configured and your account is set up and ready to go. You’re looking at 1-2 days to get an account approved and set up.

Advantages of our payment gateway and merchant account solutions

There are 3 compelling reasons to choose us:

  1. There is no long term contract for you to sign. That means if you ever want to cancel the merchant account, you won’t have to pay a penalty.
  2. You don’t have to pay a  monthly minimum fee during times when your sales volume is low.
  3. Your site does not need to be live to get approved. This way you can get your payment gateway set up and tested before you go live. Many processors require a live site before they’ll even review your account.

We hope this post has helped you better understand the relationship between a payment gateway vs a merchant account.

If you have any additional questions or need a payment gateway – merchant account solution, call us today at 888-383-8056 or apply online here.

Process credit cards at Liquor Stores | ABC Store

Friday, May 6th, 2011

With the help of The Transaction Group (TTG), you can enjoy secure and low cost credit processing for your liquor store or ABC store.

We offer point-of-sale compatible processing solutions for small, medium and large liquor operations.

What are the advantages your liquor store will enjoy from selecting TTG’s credit card processing solution?

First, should you ever decide to terminate your merchant account, we do not charge you any cancellation fee (unlike many other providers who charge hundreds of dollars in termination penalties).

Second, we don’t charge you a ‘monthly minimum’ fee.  So if you have a slow month, you aren’t charged a fee for sales you didn’t make. Most credit card processing companies who service liquor stores and ABC stores do insist on a monthly minimum fee.

Third, if you are already processing credit cards in your ABC or liquor store, you can expect to significantly reduce the monthly fees you pay with your merchant account. Our processing team tries to ensure that not only will you enjoy excellent customer service, but that the rates you pay are as low as possible. And no reprogramming fee will be charged when you switch. Speak to one of our reps and see how much money you can potentially save by switching your processing provider.

What specific credit card processing solutions can you offer for my liquor or ABC store?

Most liquor retailers will use the services of our processing partner, PowerPay, which offers unbeatable pricing, leading edge technology and highly secure processing of your customers’ credit and debit cards. You’ll be able to accept all major cards, and pay no setup or application fees (even for setting up an American Express account).

Amongst the most popular retail processing terminals for liquor and ABC outlets are:

•    The VeriFone Vx570 which is an extremely quick countertop solution with support for EMV smart card transactions. It offers dial connectivity, but you can choose to switch to Ethernet connectivity whenever you want. Or if you have a broadband internet connection, you can use that as well.

•    The VeriFone® Vx 510 is a ‘small footprint’ terminal that can be passed to your customers for them to enter their PIN number. It weighs very little, can connect to the internet (it has dialup access as a backup) and is very easy for staff to learn how to operate.

•     The Nurit 2085 provides liquor stores with a total payment package for quick, secure debit and credit card processing with easy to learn functionality.

Each of the processing terminals is new (not refurbished) and features a large display and an integrated printer. They are solid and well built by industry leading manufacturers (and are accompanied by the manufacturer’s warranty).

What do I do to get started?

If you want to get started right away, just complete our short online application. Or if you would like more information about our credit card processing solutions for ABC and liquor stores, simply give one of our reps a call at 888-383-8056 (it’s toll free).