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Designed specifically for:
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Business Acquisitions
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Commercial Real Estate Purchases
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Franchise Start-ups
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Variable interest rate:
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Capped at WSJ Prime Rate + 2.75%
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Reviewed quarterly by Federal Reserve
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10-year term, fully amortized, no pre-payment penalty
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Required equity injection starting at 15% of total project
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cost from non-borrowed sources, per SBA guidelines
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Secured by business assets, personal collateral will be required
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Closes within 60 business days
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Consulting fee of $2500 due upon receiving bank approval checklist
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