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Refinance Loans
This program is designed for small businesses that require long-term financing for owner occupied commercial real estate. A conventional loan may be a solution for businesses that are ineligible under the SBA loan programs.

Please contact us for details and a proposal for your loan. Contact Us.

Conventional Refinance Loans
Purpose Business acquisition, expansion, recapitalization, and refinance
Loan Amount Up to $5 million
Interest Rate Fixed rate over 30-day LIBOR
Term Up to 25 years, fully amortizing
Prepayment Penalty Declining scale
Fee Commitment fee of 2%
Collateral Position Mortgage on business real estate, machinery and equipment, secondary collateral, UCC filings (primary collateral must be 50% of the loan)
Recourse Full guarantee of all principals
LTV Up to 85% LTV refinance is Available Now
Debt Service Ratio Minimum 1.25x for current fiscal year
Diversity Nationwide to a variety of industries
Financial Data Business:
• Three years of historical tax returns and financial statements
• One year of projections for existing business or two years for start-ups

Personal:
• Three years of tax returns & financial statements of owners with 20% or more ownership
Third Party Reports Appraisal and environmental study

Contact our office today to begin the qualification process:

National Business Services
1-509-308-1450

Email:

(Contact us by clicking here)

 

*Disclaimer - This is not a solicitation or offer to sell securities or other financial instruments. National Business Services does not provide financial, tax, or legal advice. This content presented here is informational only. Please consult with your financial and legal counsel regarding this transaction.

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