Robinson Helicopter Loans
We are actively lending on Robinson!
Click here to visit our aircraft lending division.
Airplanes
Contact Us
Equipment Leasing
Please visit our equipment leasing page by clicking here
Including Franchise FF&E,, all types of equipment, aircraft used for commercial purposes.
No matter what your credit is, even a bankruptcy. We have numreous leasing programs to accomodate any borrower!
Vendors, please contact us for your client financing needs! We can structure programs for most equipment types and most borrowers!
Click to download a Lease Application
Back to Top
Commercial Mortgages
As of March 31, 2009, this program IS available!
Financing for income-producing, commercial property. No credit given to "goodwill" or FF&E (see our equipment financing division)
Features:
- SBA 7a program or non SBA conventional
- Loan amounts $200,000 to $2 million (SBA) or $10 million non-SBA
- Rates start at prime + 2.75% (variable quarterly) SBA, non-SBA case by case
- up to 25 year term
- FICO scores to 600
- 75% LTV (90% CLTV with seller-second)
- No construction! No gas stations!
- Owner-occupied only;
-
US citizen or Green Card holder (No B1 or other visa types)
PHASE I environmental required
Minimum 600 FICO score
5-3-1 Pre-payment penalty
Contact Us
Back to Top
Franchise Financing / Business Loans
Financing available for most franchises, and other types of businesses including tanning salons, medical and professional practices, automotive centers, etc.
Generally, you will need to provide 20% equity investment, have adequate collateral, and good credit. Start-ups require a business plan. Minimum loan amount is $200,000.
Interest rates depend on the strength of the borrower and the franchise, but a range of prime plus 1.0 to 2.75 points is typical.
Is your franchise a "good bet"? See if it's listed with the SBA registry:
http://www.franchiseregistry.com/Registry/
Contact Us
Back to Top
Gas Station/Convenience Store
As of March 31, 2010, We are actively offering financing for Owner-Occupied gas stations, convenience stores, and car washes (with or without real estate), as well as equipment, including POS, pumps, etc. We are not offering financing for "investor stations".
For Existing Gas Station/C-stores and Car Washes
* Maximum LTV or LTC shall not exceed 75% of the subject property
* The borrowers must provide no less than 20% of the total purchase price in the form of cash. Seller-Carry-Back financing or oil company/jobber financing shall be allowed though it may not replace the 20% cash injection requirement of the borrower
* The subject business must have proven historical debt service for its existing and proposed debt
Start-Up Gas Station/C-stores and Car Washes
* Maximum LTV or LTC shall not exceed 70% of the subject property
* The borrowers must provide no less than 25% of the total purchase price in the form of cash. Seller-Carry-Back financing or oil company/jobber financing shall be allowed though it may not replace the 25% cash injection requirement of the borrower
* A feasibility study on the subject site shall be required prior to loan approval
*The borrower must possess industry specific management experience
Appraisal Requirements
* The appraisal report must include the contributory value of the real estate and the FF&E in addition to the going concern value.
* The contributory value of the real estate must be greater than, or equal to the loan amount
Environmental Requirements
* A Stage II Environmental Inspection is generally required.
*Remediation may be ok.
Loan Sizes $500k to $2.0 Million
Up To 25 Year Amortizations
Assisted Living
Acquisition, refinance, rehab, construction
FHA 232, HUD 504 programs, bridge financing
Up to 90% LTV
Up to 40 year amortization
Construction to perm financing as an "automatic" transition
Non-recourse
Low fixed-rate
Rehab repairs generally must exceed $6,500 per unit
Let our experts help you through this process!
Back to Top
Factoring is available to start ups or established companies. Generally, we assist companies with annual sales of $100,000 to $25,000,000.
We work with clients whose credit profile may disqualify them for bank financing. Given that we are relying on the client's A/R for repayment, we can work with a client who falls outside of traditional bank lending parameters. Our objective is to provide a flexible financial alternative through which our client will grow, develop business and ultimately obtain bank financing. The following list summarizes some of the situations which may prevent a bank from extending credit. In most cases, however, we will work through these issues and provide the client with vital working capital.
-
Start-up companies with limited track records
-
Rapid growth with constantly increasing capital needs
-
Operating losses
-
Minimal or deficit net worth
-
Tax liens
-
Personal/Business bankruptcy
Back Top
|
