Auto Dealership Lending, New & Used

Loan Program # 1

Territory   National 

Amount    $500K to $100M

LTV          75%

INT           I/O up to 25 years

SBA, Motels, Warehouse, Retail, Office,

Gas, Auto, Industrial

Loan Program # 2

TRTY       Nationwide

AMNT      $250k - $5M

LTV          65%

INT           12 - 15%

PTS          2 - 5

TRM         12 - 36 months

PPP          None

Loan Program # 3

TRTY       Nationwide

AMNT      $2M - $100M

LTV          75%   (60% for Hotels)

INT           10 - 12

PTS           2 - 3

TRM         12 - 36

PPP          None

Loan Program #4

REO Purchase, NPN, PN, Distressed Properties,

No Up Front Fees

Office Buildings       75% LTV                   Int Rate                     9 - 13%

Apartments             75                               CLTV                         90% on income prod prop

Mixed Use               75                               Points                        4 - 6

Malls                       75                               Terms                        1 - 3

Warehouse             75                               Amount                     $300k - $50M

ALF                         75                               Credit                        600

Hotels Flagged        65                              Down Pay                 Need at least 10%

Auto                         65

Owner Occupied      65

Vacant Bldg             60

Loan Program # 5

TRTY       Nationwide

AMNT      $500k - $15M

LTV          70% as is or purchase

                  (But, if buy a property at 50% LTV, will give

                  funds for rehab)

INT           11 - 12%

PTS          5 - 6

TRM         12 months

PPP          No