100% Commercial Loans
Corporate Loan
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CORPORATE TURNAROUND LOAN PROGRAM. PERFECT
LOAN IN CREDIT CRUNCH.
NO REAL ESTATE COLLATERAL NECESSARY!!!
Approved Loan Purposes:
Purchase Order, Accounts Receivable Factoring, Machinery/Equipment/ Inventory Purchases, Recapitalization and Partner Buyout.
Loan Amounts $5,000,000.00- $25,000,000.00, preferred.
NO REAL ESTATE COLLATERAL NECESSARY!!!
Approved Loan Purposes:
Purchase Order, Accounts Receivable Factoring, Machinery/Equipment/ Inventory Purchases, Recapitalization and Partner Buyout.
Loan Amounts $5,000,000.00- $25,000,000.00, preferred.
Credit-
All credit scores accepted
Territory- All States
Industry Type- Varied, not strongly interested in intellectual property or start-ups.
Loan Term- 1 to 2 years, but can go up to 5 years depending on the situation.
Application Fee- Depends on the complexity of the loan request and expected time needed for underwriting/processing. Call for a quote.Cost of Capital-Depends on funding type and
our collateral position. It can range from 9% to upper teens including interest rate, points at closing, warrants and
exit fee.
Prepayment- Typically open without penalty after 6 months.
Bankruptcy- Bankruptcy and turn around situations can be acceptable.
Exit Strategy- Must be clear and realistic, crucial for approval.
Other Collateral- (Real Estate) can often be used to provide a higher loan amount.
Guarantees-
By the corporation and by any stockholders owning 20% or more will be required.
Guidelines to Qualify
and obtain a term sheet:
Must send us a clear business plan/executive summary on your
business, loan amount request, purpose of loan and a clear exit.