Loan Purpose

• Commercial real estate purchase
• Special programs to finance equipment or purchase businesses

Loan Size

• Up to $2 Million
• Financing packages up to $5 million

Cash Injection Requirements

• Minimum 10% down payment
• 100% financing program available for non-PLP loans

Terms of Loan

• Up to 25 years fully amortized, at competitive rates

Loan Fees

• SBA Guarantee Fees ranging from 1.7% to 2.6% of loan amount , depending on loan size

Qualifying Requirements

• Adequate cash flow to cover debt levels
• Acceptable credit history
• Good management history in industry or business

Loan Turnaround Times

• 10 days for Bank approval upon receipt of complete package
• 45-60 days funding from receipt of completed application package