SBA LOAN

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PROGRAM HIGHLIGHTS

Type of loan:                              FOR Start-Up and Existing Business

Loan amount:
                             $50,000.00 TO $1,500,000.00

 LTV:                                            UP TO 90%

 Terms of payment:

              
                           
                                 
bullet OWNER -USER RAL ESTATE:                             25 YEARS        
bulletEQUIPMENT:                                                        10 YEARS
bulletINVENTORY& WORKING CAPITAL                      7-10YEARS

Interest rate:                              PRIME+ 1.5% UP TO PRIME +2.75%   

  
USES: 

               

  • Purchase/Renovate Commercial Real Estate
  •    Specialty Use Properties: i.e. Auto repair,motel       
       restaurant,   

                            

  • Mixed use properties
  •                            

  • Industrial/medical/office Condos
  •                           

  • Lease hold improvement & machinery/F/&F                                       inventory
  •                            
  • Refinance business or Real Estate Debt
  •                           

  • Buy -out/start -up of business or franchise- (80% financin
  • g)

       WORKING CAPITAL


    QUALIFYING                 Strength of Business and
    /or Principals
    CRITERIA:                      Repayment Ability
                                           Collateral Coverage

           
    PROCESSING               Quick and Fast Approvals!
    TIME:                             Approx 1 to 2 weeks from receipt of APPLICAION                                        and  required documents.

    FEES:                            NO  Appraisal fee required until after                                       approval!

    Benefits:                        Fully Amortized Loans
                                          No Balloons or Calls

     Please Give us  A Call or Send us an email & Let us

     We  open the door for the growth of your business.

                             1-800-346-8002 or 1-201-398-1099
     

     

     

    Send mail to J.VERIZON@VERIZON.NET with questions or comments about this web site.

     

    Send mail to J.VERIZON@VERIZON.NET with questions or comments about this web site.