Commercial Term Loans

Fixed interest rates and regular payments
Make it easier to plan and manage cash flow.
Loan terms typically range from 1 to 10 years (sometimes longer), offering flexibility.
Lower Interest rates. Compared to credit cards or lines of credit, commercial term loans often come with lower interest rates, especially for creditworthy businesses.
Ideal for financing major investments, such as equipment, vehicles, real estate, or expansions.
Timely repayments help build or improve your business credit profile, aiding in future financing opportunities.
Interest payments on commercial loans are generally tax-deductible as business expenses.
Build business credit: Making regular, on-time payments on a commercial term loan can help businesses build their credit and improve their chances of qualifying for other lines of credit and financing options in the future.

Asset-Base Lending

Also, known as Asset Based Lines of Credit. The working capital you need to support your Accounts Receivable and Inventory growth.

Whether you need working capital financing for growth, seasonal needs, debt refinancing, acquisitions or many other business needs, an Asset-based Loan (ABL) might be right for you.

We can provide you with an ABL revolving line of credit, supported by your accounts receivable and inventory. Whether you are a manufacturer, distributor or own a business that has a significant investment in accounts receivable and inventory, an ABL loan may be a solution for you. A conversation with our dedicated, experienced commercial finance team will help you determine if an ABL product offering is a good solution for your business.

SBA 504 loans

Long term fixed rate product. SBA504 loans provide Borrowers with a below market 20yr fixed rate second mortgage.
BREAKING NEWS: Effective May-June 2018 the SBA504 fixed rate will increase to 25 years!!!
A low down payment allows the business to retain more capital in the business.
Typical conventional bank loans require at least a 20% down payment. The SBA 504 loan program has a down payment minimum of 10% thus allowing your business to retain the additional 10% for future working capital. (Please note for special-use properties that a down payment is 15% to 20% may be required).
No balloon payments
The SBA 504 portion of your loan is government guaranteed. Therefore, unlike other loan programs, no additional collateral is required.
Closing costs such as appraisal fee, environmental fees, contingency fees can be included in the financing

SBA 7(a) Loans

Business acquisitions, buy-outs, expansions, real estate, and equipment
For business with a Net worth below $20 million and net income below $6.5 million
Loan Amount Up to $5 million
Terms up to 25 years for commercial real estate and up to 10 years for other purposes
Fixed or variable rates
Lenders also consider factors like the business's financial history, operational experience (at least 12 months for some, with longer periods required for lower credit scores), and the overall feasibility of the loan request.
For SBA 7(a) loans, there isn't a single, mandated minimum credit score requirement set by the SBA itself.
However,
most lenders typically require a personal credit score of 650 or higher, and in some cases, especially for larger loan amounts or specific lenders, a score of 680 or even 700 may be needed.
Additionally, a FICO Small Business Scoring Service (SBSS) score of 155 or higher is usually required for smaller loan amounts.

Commercial Bridge Loans

Commercial bridge loans are
short-term loans designed to bridge the gap between buying or renovating a commercial property and obtaining long-term financing.
They are often used for quick acquisitions, value-add projects, or when investors need to close a deal quickly.
Typical terms are 12-36 months, but can be longer depending on the lender and borrower's needs.
Interest-only payments.
Many bridge loans offer interest-only payments, allowing borrowers to focus on building the property's value or stabilizing cash flow.
They are known for fast funding, often closing in days.
Higher Interest Rates but easier to qualify.
They can be a good option for first-time investors who need quick funding for a commercial property.