TYPES OF LOANS AVAILABLE
-Contract financing or other short-term receivables and Inventory financing
-Start-up capital financing
-Term loans for the purchase of equipment
-Term loans for working capital
-Term loans for real estate
-Loans or guarantees used to obtain normal bank financing
-Interim financing
GENERAL
-Loan amounts range from $5,000 - $150,000, with a $75,000 maximum for start-up
businesses.
-Processing time on loans is approximately 30 days.
-Interest rates are competitive with bank rates
-Minimum equity investment is 5% - 10%
-Collateral in the full amount of the loan is required.
FEES
A maximum 2% origination fee which is due at closing, along with all other closing cost.