• Acquisitions
• Expansion/rebuilds
• Refinance

Loan Amounts

$100,000 - $10,000,000

Terms

10 15 Year Term/10 15 Year Amortization

Interest Rate

Fixed indexed to a spread of 4 4.5% over U.S. Treasuries, or Floating indexed to a Spread of 3.6% - 4% over LIBOR

Loan To Value

60 - 70% against Business Value

Fees

• No Fees Unless Financing Is Approved (good faith/proposal deposit required with submittal)
• 0 - 3% Commitment Fee
• Customary closing costs

Eligibility

• Locations must show a minimum of a 12 month historical cash flow to debt service coverage of 1.4 1.6:1
• Owner Occupied Preferred
• Three (3) Years industry experience

Collateral

Best security interest on lease and all assets

Quick Response

Loan decision made within 2 weeks of receipt of a completed application. Closing can Take place immediately following receipt of all third party reports.