WE CURRENTLY HAVE THE FOLLOWING PROGRAMS AVAILABLE: THESE PROGRAMS DO NOT REQUIRE REAL ESTATE COLLATERAL
FUNDS AVAILABLE WITHIN 2-3 BUSINESS DAYS
GENERAL CONTRACTORS AND SUB-CONTRACTORS
CONSTRUCTION MATERIALS & SUPPLIES FINANCING
COMMERCIAL AND INDUSTRIAL PROJECTS
NO PRE-PAYMENT PENALTIES
TERMS AND RATES
Minimum Purchase $5,000 - Up to $1,000,000
Interest Only Payments
2% Purchase Fee Added to Repayment Amount
Pay In Full When Paid or up to 120 Days
GUIDELINES
Time in Business - 1 1/2 Year Minimum
Minimum Annual Sales - $500,000
Minimum FICO -600
No More Than 3 Overdrafts or NSF's in the last 90 Days
Minimum Ending Bank Balance of $2,500
REQUIRED DOCUMENTATION
Application
Last 3 Months of Business Bank Statements
Owners Drivers License
Project Contract
BUSINESS OWNERS
BUSINESS LINE OF CREDIT
FOR BRICK & MORTAR RETAIL STORES, HOSPITALITY, MEDICAL AND DENTAL OFFICES
RESTAURANTS (INCLUDING FAST-FOOD) | BARS & TAVERNS | CATERERS | BAKERIES & CAFES | LIQUOR STORE | HOTEL | MOTELS | BED & BREAKFAST INNS | RETAIL STORES | AUTO REPAIR & SERVICE | SALON & SPAS | MEDICAL AND DENTAL OFFICES
TERMS AND RATES
FROM $5,000 - $175,000 FOR ONE LOCATION
UP TO $300,000 FOR TWO OR MORE LOCATIONS
6 - 14 MONTH TERMS
RATES START AT 15%
NO PRE-PAYMENT PENALTIES (PAY OFF ANYTIME FOR INTEREST SAVINGS)
NO FEES TO KEEP THE LINE OPEN
GUIDELINES
MUST HAVE A BRICK AND MORTAR LOCATION
TIME IN BUSINESS – 1 ½ YEAR MINIMUM (SAME OWNERSHIP AND LOCATION)
MINIMUM ANNUAL SALES - $300,000
MINIMUM FICO – 600
MINIMUM BANK STATEMENT ENDING BALANCE $2,500
UP TO 2 CASH ADVANCE POSITIONS OR SHORT TERM LOANS MUST BE PAID OFF FROM LOC FUNDS (BORROWER MUST NET 50% AFTER CASH
ADVANCES ARE PAID OFF)
REQUIRED DOCUMENTS
APPLICATION
LAST 3 MONTHS OF BUSINESS BANKS STATEMENTS
OWNER’S DRIVER LICENSE
JUST CALL OR EMAIL TO GET PRE-APPROVED!
Telephone number is (541) 515-0666
Please visit our websites: www.commercialmortgagecap.com and www.usfinance.biz
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