Reference Number:

RES 061101

Loan Type:

Purchase

Term:

20Yr.

Interest Rate:

+-7% blended rate.

Loan Purpose:

Purchase restaurant.

Max. Loan:

$1-$10million.

Credit:

680 FICO.

Recourse:

Non-Recourse.

Reference Number:

FRAN 061101

Loan Type:

Purchase

Term:

20 Year leases with 4 (four) 5 year options, up to 40 years with rights to repurchase

Amortization:

LTV :

Funding for 90 % to 100% of land, soft costs, construction & FF&E.
Build to Suites (new construction) and  Sales Lease Backs (existing properties).

Loan Purpose:

Franchised restaurants, hotels, transmission shops, drug stores, offices, retail, manufacturing, apartments, nursing homes, child care, etc.

Max. Loan:

No limit

Credit:

Not credit score driven.

Area:

Nationwide

Funding:

Flexible funding for placing purchased land and leased land. Quick closings (30 to 45 days from all information being acquired).
Build to suite, but not required.
Established or new franchises.
Prefer multiple units.
Painless process.