7(A) REAL ESTATE LOAN PROGRAMS

Purpose of Loan

• Commercial real estate purchase

• Special programs to finance equipment or working capital

Size of Loan

• Up to $2 million

• Financing packages up to $5.0 million

Cash Injection Requirements

• Minimum 10% down payment

Terms of Loan

• Up to 25 years fully amortized, at competitive rates

Loan Fees

• Standard SBA Guaranty Fees

Qualifying Requirements

• Adequate cash flow to cover debt levels

• Acceptable credit history

Loan Turnaround Times

• 10 days for Bank approval upon receipt of complete package

• 45-60 days funding from receipt of completed application package

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