The
Best Loan
for Your Growing Business:
Only 10% down
Loan Terms
· Commercial real estate and major equipment as well as closing costs
· Owner occupied purchase (51% occupancy) of conventional property
· At or below conventional interest rates
· Full documentation
· Pre-payment penalty.
Benefits
· Buy a building you would not be able to afford if you had to pay the usual down payment and conserve your valuable working capital for future growth
· Stop giving away rent each month and start building real estate equity
· Maintain cash flow with long-term, low fixed-rate funds
SBA re-finances up the $2.5 million, higher than most banks
· Avoid balloon payments
· Finance your project soft costs such as appraisals or building permits.
How to Use the Loan
· Land and building purchases
· New construction or renovation
· Typical loan amounts from $1 million to $5 million
· Works best with businesses in operation at least one year
· US Small Business Administration guarantees part of the loan so they charge a fee and closing may take more than 30 days.
