|
TYPES OF FINANCINGEquipment Leasing and FinancingDebt Restructuring / Sale-lease back Accounts Receivable - Revolving Lines & Factoring Asset Financing - Leverages Acquisitions Bridge Loans (short term, time critical)
TRANSACTION PROFILEAggressive small and middle market sized credits. Ranging from balance sheet oriented, credit driven transaction, to "non-traditional" cash flow and hard asset.The non-traditional program can accommodate structured transaction and complex financing situations. Use of additional collateral, recourse and cross guarantees will be considered.
CREDIT PHILOSOPHYOur credit philosophy is oriented towards assets that have a history of maintaining their value over time with an emphasis on matching initial and amortizing principal to asset liquidation values.All fundings are asset based and secured by new and/or used equipment, accounts receivables or other tangible assets to borrowers that can demonstrate adequate cash flow to service both existing and new debt. If you are like most small businesses, you need a convenient way to access large amounts of money. Unfortunately, a loan restricts when and how you can access funds, and many credit cards charge fees and access penalties.
CONVENTIONAL PROGRAMSPurposeAcquisition, expansion, construction, refinance, business buyout, and cash outProgram is available nationwide to a variety of industries Property TypesAll property typesLoan AmountUp to $3,000,000Interest RateVariable Loan - Floating rate over 30 day LIBOR + spread, adjusted monthlyFixed Rate Loan - Either a 3, 5, 7, or 10 year fixed rate period, which automatically converts to a variable rate loan of LIBOR equivalent to WSJ + 1.75%, adjusted monthly. The index for fixed rate loans is related 3, 5, 7, or 10 year SWAP rates. Loan TermUp to 25 years, fully amortizingPrepayment PenaltyDeclining scaleLender FeeTarget fee 2%CollateralMortgage on business real estate, UCC filings on machinery and equipmentPersonal GuaranteeFull guarantee of all principalsLoan to ValueUp to 75%Debt Service Coverage1.25x for past fiscal year on recent interim period
SBA 7(A) LOAN PROGRAMPurposeAcquisition, expansion, construction, re-capitalization, refinance, business buyout, start-ups, working capital, and machinery and equipment purchasesProgram is available nationwide to a variety of industries Property TypesAll property typesLoan AmountUp to $2,000,000Interest RateVariable Loan - Floating rate up to 2.755 above WSJ prime rate, adjusted quarterlyLoan TermUp to 25 years, fully amortizingPrepayment PenaltyMay prepay up to 25% during the first 3 years without penaltyAbove 255, prepayment penalty of 5%, 3%, 1% Lender Fee$975 package feeOne time SBA guarantee fee CollateralMortgage on business real estate, UCC filings on machinery and equipmentPersonal GuaranteeFull guarantee of all principals who own 205 or more of the projectan to ValueUp to 80%Debt Service Coverage1.25x for past fiscal year on recent interim periodProjected for start-ups or turn a rounds.
SBA 504 LOAN PROGRAMPurposeReal estate and fixed asset purchase including - business acquisition, business expansion, construction, partner buyout, start-ups, turn a rounds, and machinery and equipmentProgram is available nationwide to a variety of industries Property TypesAll property typesLoan AmountConventional Loan - Up to $3,000,000 - First mortgage loan, or approximately 50% of project costCDC Loan - Up to $2,000,000 - Second mortgage loan, or approximately 40% of project cost, loan may be higher in certain circumstances Interest RateVariable and fixed rateLoan TermConventional Loan - Up to 25 years, fully amortizingCDC Loan - Up to 20 years, fully amortizing Prepayment PenaltyDeclining scaleAbove 255, prepayment penalty of 5%, 3%, 1% CollateralConventional Loan - First mortgage on business real estate, UCC filings on machinery and equipmentCDC Loan - Second mortgage on business real estate, UCC filings on machinery and equipment and other collateral where appropriate Personal GuaranteeFull guarantee of all principals who own 205 or more of the projectLoan to ValueUp to 90% |
COMMERCIAL FINANCING
DIRECTORY
Index Page
PRIME RATE IS 5.00%
ONLINE MORTGAGE ESTIMATOR
Mortgage Calculator
ONLINE FINANCE RESOURCES
"Real" Small Business Loans
"Must Read" for Accountants
Problems with SBA
Facts of Factoring
$10,000 Car Wash
Capital Definitions
Unsecured Line of Credit
Unsecured Term Loan
Commercial Mortgages Stated
Commercial Mortgages
Investment Real Estate
Commercial Financing
Business Acquisition
Franchise Acquisition
Factoring
Accounts Receivables
Equipment Leasing
Sales Lease Back
Bridge Loans
Investment Properties
NOTE PURCHASES
Cash Out Purchases
OTHER SERVICES
HUD Refunds
Consumer Credit Services
"We are your Finance Engineers providing you with cash flow solutions and lending experience" - James Synovec - CEO
COMMENTS & QUESTIONS
Commercial Lending Experts
InterBay Funding, LLC
"Capital Loan Program"
|
GIVE US YOUR SUGGESTIONS ON FUTURE SEMINAR LOCATIONS:
|