Construction Loan
Business acquisitions
Program #LG442
Business acquisitions
Program #LG442
Summary of all Guidelines | |
| Loan Types | Construction Loan |
| Property Types | Assisted Living, Daycare, Gas Station, Hotel, Industrial, Medical Office, Office, Restaurant, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $500,000 |
| Loan amount Maximum | $10,000,000 |
| Typical Days Required to Fund | 20-30 Business days |
| Cross Collateralize Blanket | Yes |
| Lien Position | 1st, 2nd, 3rd, 4th or subsequent |
| General Pricing or Guideline info | My team handles a wide variety of owner-user projects — e.g. car washes, restaurants, assisted living, hotels, gas stations, etc., up to $8MM—or $10MM for rurally located businesses. We pride ourselves in finding funding solutions that elude other lenders. We work with builders nationwide, funding start-ups and turnarounds properties with up to 90% LTV/LTC. (Also, financing is commonly used as bridge loans.) Please don't hesitate to reach out if we can be of any help. |
| Updated as of | 2024-05-13 |
My team handles a wide variety of owner-user projects — e.g. car washes, restaurants, assisted living, hotels, gas stations, etc., up to $8MM—or $10MM for rurally located businesses.
We pride ourselves in finding funding solutions that elude other lenders. We work with builders nationwide, funding start-ups and turnarounds properties with up to 90% LTV/LTC. (Also, financing is commonly used as bridge loans.)
Please don't hesitate to reach out if we can be of any help.
These descriptions are limited information and meant for general reference purposes.
- Skyler McClure
VP BDO
