Our loan program offers many advantageous benefits, suited to your personal business needs:
Super Fast Turn-Around
2 Days for Commitment
As Fast as 10 Days for Closing
Up to 65% Loan-to-Value Ratio
Commercial Property Acquisitions and Refinancing
Development and Construction
Bankruptcies & Foreclosures
Loan terms from 1 to 5 years
Loans may be repaid at any time without penalty.
USE OF PROCEEDS:
Loans are usually made for business purposes.
LOAN TO VALUE:
Up to 65% of the market value of the collateral. Market value is defined as the period of time (4-6 months) needed to consummate a sale to a cash buyer. If loan proceeds are to be used for renovation or construction, the loan amount can be based on improved value. Proceeds will be disbursed in stages.
Rates vary from 12-18% per annum, interest only.
In lieu of equity, a fee of 7 to 10% of the loan amount may be included in the loan.
From $1 million to $50 Million.