Friday, October 30, 2015

SBA Loans for Unbankable Borrowers



 

We provide bankable SBA rates for un-bankable business owners

Question: What do a 2 year old bankruptcy, a negative 2013 NOI and an un-flagged exterior corridor hotel have in common?

Answer: $2,875,000, a 4.75% rate and a 25 year amortization!

These are the terms we funded for the business owner with the above scenario.

Contact us (888) 268-7778 x 2 or joel@southendcapital.com 

Brokers Welcome and Rebates Paid!

 


SBA 7(a)

$250K - $5MM

Rates start at 4.50%, no real estate is required. LTVs to 100% and credit down to 580 considered.  


Private Business

$2K - $2MM

Rates start at 6%, no real estate is required. 2-7 day closings and credit down to 500 considered. 


Stated Real Estate

$100K - $5MM

Rates start at 7.99%, no tax returns required. 2-3 week closings and credit down to 580 considered. 
  • Nationwide
  • Most industries
  • Flexible guidelines

  • US and Canada!
  • Most industries
  • Unrestricted cash

 

  • Nationwide
  • Most properties
  • Unrestricted cash