Can I reach you on a regular basis?

You can count on me! We are always available to our clients. You can reach us at our toll free 866 number or you can reach William on his personal landline, cell and email.

Are you a lender?

No. WJM 7 Commercial Lending, LLC is a commercial finance brokerage. All loans/advances are done through sources which William has relationships with.

Our database is made up of the most knowledgeable and customer-focused commercial lending professionals in the country!

Who will I be working with?

Personalized service means just that - personalized. You will always deal with William McCloskey. William has surrounded himself with competent fellow commercial finance brokers, direct lenders, factoring houses and other providers of working capital and business finance.

How much do you charge?

The rates and fees vary depending on the type of financing. Obviously, points and fees are different for a factoring deal and a financing for a commercial property. It all depends on what type of deal it is.

William does not charge retainer fees. However, some of his sources do charge different fees; which again, depend on the source and what type of financing the client is looking for.

What are William’s credentials?

• Former residential loan officer
• Has a vast network of direct lenders, SBA lenders, factoring houses, commercial finance brokers and other alternative finance sources
• Member of the Greater Northeast Chamber of Commerce
• Published freelance author in industry publications
• Has given his insight about the subprime meltdown through testimony before government agencies such as The Pennsylvania House Commerce Committee.

What types of clients do you serve?

WJM 7 Commercial Lending, LLC serves virtually every type of small business owner in need of financing. We also serve commercial property owners and developers.

Some examples:

Merchant Cash Advance: Our partners buy a percentage of your future card sales, commonly referred to in our industry as "future receivables." Merchants will avoid an arduous loan process, hidden fees and uncertainty regarding the outcome.   WJM 7 only works with good reliable companies. Some companies that specialize in merchant cash advance actually advance too much and suck the capital out of businesses - much like unscrupulous residential mortgage brokers/direct lenders suck the equity out of people’s homes.

Any business that accepts Visa/MasterCard/Discover/American Express.

Merchant Advocacy: We help merchants save money on their credit card processing WITHOUT changing their processor! Merchants can still save money even if they have recently switched to a new processor!

Four Easy Steps: 1. Provide us with an application and your current credit card processing statements. 2. We analyze your costs and negotiate with your processor for lower rates. 3. We show you the savings we achieved on your behalf. 4. You begin to save money immediately

We re-evaluate and confirm the calculations regularly…ensuring you the savings and identifying the effects of the newly negotiated terms.

Again, any business that accepts Visa/MasterCard/Discover/American Express.

Factoring/Accounts Receivable Financing: The accounts receivable financing strategy involves for improving your cash flow or funding a business expansion or project by exchanging your accounts receivables in return for immediate cash.

Businesses with receivables include: Trucking, Staffing Agencies, Contractors, Manufacturing Companies – or any other types of businesses with receivables – specifically with customers who take up to 30, 60, or 90 days to pay.

Medical Accounts Receivable Financing: Medical receivable financing is a means by which the healthcare provider is granted an asset-based credit line that is based on the net realized value for his/her billings to third-party payors.

Hospitals, Nursing Homes, Home Health Care Agencies, Hospices, Behavior Modification, Durable Medical Equipment Suppliers, Home Medical Equipment Suppliers, MRI Facilities, Sleep Diagnostic Centers and Medical Groups – any business with at least 150-250K in monthly medical receivables (i.e. Medicare, Medicaid, Commercial Insurance, Private Insurance, HMO/PPO, and Managed Care).

Securities-Based Lending: This type of lending is based on eligible securities such as publicly traded stocks, bonds, options and mutual funds. The loan proceeds may be used for any purpose – personal or business.

Businesses and entrepreneurs include: Commercial Real Estate Owners, Developers Investment Firms, Business owners , Investors -  in other words individuals/businesses in need of prompt funding and capable of leveraging their securities, stocks, bonds or U.S. treasuries.

Commercial Real Estate: William works with Wholesale Correspondent/Direct/SBA lenders for Stated Income & Full Documentation loans. He also works with lenders who provide Bridge Loan and Hard Money financing for nonconforming traditional loans. 

Property types include: Multifamily 5+, Mixed Use, Office, Retail , Self Storage, Warehouse, Automotive, Hotel, Motel , Light Industrial , O/O Bars and Restaurants, Day Care Centers, Medical Centers, Car Washes, Bowling Alleys, Golf Courses,  Marinas, Mobile Home Parks.