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| Excellent source of long term financing for working capital needs. |
Excellent source for flexible use of proceeds. No balloons or calls and provides highly leveraged financing. |
Excellent source of long term fixed rate product. |
Borrower(s), Business and Use of Proceeds all need to be eligible.
Please fill in the Contact Us page so we may provide you with further details. |
Borrower(s), Business and Use of Proceeds all need to be eligible.
Please fill in the Contact Us page so we may provide you with further details. |
Small business concern must meet occupy and use the property along with meeting federal business size standards.
Please fill in the Contact Us page so we may provide you with further details. |
| Usually used for financing short term assets or working capital needs. |
Financing for long and short term assets used in the normal course of doing business. Acquisitions and refinances are eligible. |
Financing for Long term assets. Real Estate, Long Term equipment & eligible closing costs. |
| Loans up to $350,000 |
Loans up to $2,000,000 |
1st Mortgage = No Limit
2nd Mortgage
• $1,500,000 - Standard
• $2,000,000 - Public policy goal
• $4,000,000 - Manufacturing |
| Rates adjust quarterly, indexed off the Wall Street Journal Prime rate. |
Rates adjust quarterly, indexed off the Wall Street Journal Prime rate. |
1st Mortgage = both fixed and adjustable rates are available.
2nd Mortgage = Fixed rates only. |
| Up to 7 years, fully amortized. |
Amortization depends on the use of proceeds.
Loans amortize from 7 to 25 years. Loans are fully amortized with no Balloons or Calls. |
1st Mortgage loan provides a maximum amortization of 25 years.
2nd Mortgage loan provides a maximum amortization of 20 years. |
