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Business Profile

Commercial Loans

New Day Commercial Capital

This business is NOT BBB Accredited.

Find BBB Accredited Businesses in Commercial Loans.

Visit Website(949) 401-4299Email BusinessWrite a Review

About

Overview

New Day Commercial Capital

25411 Cabot Rd Ste 206

Laguna Hills, CA 92653

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BBB Accreditation & Rating

New Day Commercial Capital is NOT a BBB Accredited Business.

To become accredited, a business must agree to BBB Standards for Trust and pass BBB's vetting process.

Why choose a BBB Accredited Business?

BBB Rating

A

Reasons for rating

  • Length of time business has been operating
More InformationHow are BBB ratings calculated?

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About This Business

New Day Commercial Capital, a DBA of Velocity Commercial Capital, LLC, is a direct commercial real estate lender offering financing solutions for business owners and investors across the United States.

Years in Business: 2

Products and Services

Auto Service Financing, Bed & Breakfast Loans, Car Wash Capital, Commercial Lending, Convenience Store Financial, Entertainment/Recreational Lending, Healthcare & Medical Finance, Hospitality Funding, Industrial Loans, Investor Loans, Machinery Equipment Loans, Mixed Use Financing, Mobile Home Park Support, Multi-Family Financing, Office Capital, Owner/User Loans, Restaurant Funds, Retail Financing, RV Park Funding, SBA Loans, Self Storage Loans, Warehouse Financing

Business Details

Local BBB:
BBB Serving the Pacific Southwest, Central & Inland California
BBB File Opened:
7/30/2024
Business Started:
10/20/2023
Business Incorporated:
10/20/2023
Type of Entity:
Limited Liability Company (LLC)
Alternate Names:
New Day Commercial Capital LLC
Velocity Commercial Capital LLC
Velocity Financial Inc
Business Management:
Mr. Evan Mitnick, President/CEO - New Day Commercial Capital
Mr. Mark R Szczepaniak, CFO

Additional Contact Information

Principal Contacts
Mr. Evan Mitnick, President/CEO - New Day Commercial Capital
Customer Contacts
Mr. Evan Mitnick, President/CEO - New Day Commercial Capital
Additional Phone Numbers
Other Phone: (973) 202-9901
Other Phone: (714) 402-5096
Other Phone: (949) 401-4840
Additional Email Addresses
Primary: Email this Business
Social Media

Licensing information

This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

Additional Information

Other Resources
CA Department of Financial Protection & Innovation (DFPI)
2101 Arena Boulevard
Sacramento CA 95834
Phone Number: (866) 275-2677
https://dfpi.ca.gov/
[email protected]
Business Categories
Commercial Loans, Loans, Real Estate Loans

Latest Reviews

  • Dal J

    "Like every review on here, New Day asked for hundreds of documents that we provided within hours of their request, paid for an appraisal of $10,000, and stated that they didn't like the lease, and the fact that the facility we were purchasing included over $4,000,000 in assets at $0.00." ... Read full review

  • Cory S

    "Extremely misleading. Actions mirror predatory/loan to own." ... Read full review

  • Rafi A

    "These people took my money when I was at my lowest point and desperate and they knew so and made me pay for an appraisal which Im sure they kept and never gave me an actual decline reason they just knew I was desperate and took 10 K for me and never did anything for me. I just wired them." ... Read full review

View all Reviews

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When considering complaint information, please consider the company's size and volume of transactions. Note that the nature of complaints and a company’s responses to them are often more important than the number of complaints. BBB Business Profiles generally cover a three-year reporting period.