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

SBA 504 & 7A LOAN PROGRAMS (Purchase – Refinance – Construction)

Loan Terms:

Loan Limits:                 $1M – $10M (higher case by case)
Recourse:                    Personal and Corporate
Loan Types:                Purchase, Refinance, Construction
Max LTV:                     80 – 90%
Occupancy Type:       Owner Occupied (Min 51%)
Territory:                    Nationwide
Property Types:          All Commercial Properties
DSCR Minimum:          1.0
Credit Needed:            600
Interest Rates:            4.0 – 7.0%
Amortization:               20 – 25 – 30
Term:                          3 – 5 – 10 – 25, fixed or quarterly adjustment
Loan Points:                0 – 2
Pre Pay Penalty:          Declining