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Deals & Dealmakers

Saratoga Springs launches loan analysis tool

Saratoga Springs Capital has released a Dashboard Analysis Tool (DAT).

Photo by 401(k) 2012/ Flickr
Photo by 401(k) 2012/ Flickr

The proprietary Saratoga Springs Capital (SSC) tool enables every client to compare and evaluate their loan to other comparable loans in their given commercial real estate market.

It is a quantitatively based way of evaluating a loan, according to Gabe Irizarry, SSC partner.

Every non-numerical DAT variable has a score from 1 to 5: 1- poor (red), 2- fair (orange), 3- average (yellow), 4- good (light green), and 5- excellent (green). The overall DAT Score is a weighted average of the DAT variables, which is then quantified into a percentile ranking.

In real estate property and note sales, appraisal firms and Wall Street loan buyers use sales and loan comps, which allow them to justify the valuation and leverage for a more favorable price.

Saratoga Springs Capital uses DAT to do the same for its clients during financing negotiations.

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