SBA LOANS Owner Occupied

Small Business Lending Division

Who We Are;
Direct non-bank correspondent lender specializing in the SBA 7(a) Program
Offering business loans secured by commercial real estate throughout the continental U.S.
“Preferred Lender” designation with the Small Business Administration
Top 10 ranking of SBA 7(a) affiliated lenders nationwide.

Use of proceeds
Owner-user commercial real estate acquisition
Debt refinance (terming out loans, lines, credit cards, mortgages)
Construction and renovations
Business acquisition / partner buyout
Purchase of machinery & equipment, furniture and fixtures
Working capital / Expansion / Start-up

Loan terms
Loan Size $250M – $5.0MM
Collateral 1st lien on commercial real estate & 1st available on other assets
Prepayment Three years (5, 3 and 1%)
Rate Wall Street Journal Prime + Spread (typically 2.5% – 2.75%)
Maturity Up to 25 years, fully amortizing
LTV Up to 130% – Higher LTVs for medical professionals and general office space
SBA Fee TBD

Industries we finance
Professional offices Drycleaners Daycare centers
Physicians and veterinarians Funeral homes Fitness centers
Office condos Auto repair Hotels & motels (existing only)
Warehouse / Industrial New & used auto sales Bed & Breakfasts
Gas stations / C-stores Car washes Restaurants
Assisted living Nursing homes Liquor stores
Recreational Trucking terminals And more…

Why borrowers come to us

• Higher Loan-to-Value required – up to 90% special use / 120% multi-purpose / 130% medical
• Longer amortization desired for cash flow purposes – up to 25 years
• Need to close a loan quickly – our loan committee meets every day
• Special-use or unique property type – maybe a bowling alley, B&B or garden center
• Expanding outside of local geography – need lender with national presence
• Don’t want to move banking relationship – we’re purely transactional and don’t want deposits or lines of credit
• Credit preventing bankable solution – tighter cash flow, trends off, leverage, storied history or borrower
• Structure not available elsewhere (i.e. construction-to-perm, equipment financing, terming out line, etc)
• Do not want loan covenants – just want to pay bills, be left alone and not worry about managing the bottom line
• Diversification of credit sources – spreading eggs into difference baskets for protection and borrowing capacity

Items needed for pre-qualification (forms available – please call)
Purchase Agreement (if acquisition) Business tax returns for 3 years
Current P&L and Balance Sheet Business debt schedule*
Borrower personal financial statement* Credit report authorization* or current report
Borrower most current personal tax return Brief summary of the transaction / collateral