Purpose: | Ground up construction, Tenant Improvements, Purchase & Renovations, Purchase & install equipment |
Loan Types: | SBA 7(a), SBA 504, USDA B&I, Conventional |
Loan Amounts: | Up to $5,000,000 |
Collateral: | Commercial Real Estate, FF&E (fixtures, furniture, and equipment) |
Term: | Up to 25 years |
Rate: | Fixed or variable rate |
Eligibility: | Must occupy 60% of new building for SBA financing |
LTV: | Varies, up to 90% |
Draws: | 48 hour turn times in most cases |
Purpose: | Pre-sold Construction Loans Speculative Construction Loans Guidance Line of Credit |
Loan Amount: | TBD up to $5,000,000 per contractor relationship |
Collateral: | Real Estate |
Term: | 6-12 months |
LTV: | Varies, up to 80% on pre-sold Varies, up to 75% on speculative |
Draws: | 48 hour turn times in most cases |
Purpose: | Purchase or Rate and Term Finance |
Loan Amount: | TBD upon request |
Collateral: | Real Estate |
Term: | up to 24 months |
LTV: | 75% |