Our conventional loan program is patterned after SBA loans, but without the restrictions of the federal government. We are a direct lender, lending up to 90% for business real estate with a term of 25 years. Without the SBA, we minimize processing time and exercise substantial flexibility. Variable rates float over the LIBOR or Prime Rate and are adjusted quarterly. FIxed rates are the same throughout the life of the loan. Prepayment penalties exist for the first five years.

• Up to 90% LTV .
• Cash-out Refinances and Purchases.
• Loans up to $5 Million.
• No Balloons or Calls.
• 25-Year Fully Amortizing Loans.
• Fixed & Variable Rates.
• SBA 7A and 504 Loans Available.

Loan Program Conditions

• Acquisition or refinance
• Occupancy requirement determined on a case-by-case basis

Loan Procedures

• 35-day escrow typical
• All regular real estate closing costs

Eligibility Requirements

• Virtually all operating businesses are eligible

Qualifying Standards

• Cash flow from business and personal tax returns
• Lower LTV allows lower cash flows
• Reasonable Equity
• Good Credit
• Management experience creating cash flow
• Down payment availability or seller carry-back assistance
• Real estate environmentally clean and of value

Maintaining the Loan

• Excess monthly payments accepted

Back to Programs

PLEASE CALL FOR FULL PROGRAM DETAILS:
888.393.6822