[FSB]

Loan Amounts: Up to $15,000,000.

Purpose: Ideal for refinancing SBA 7a loans on 10-year terms or other debts with shorter duration's.

Loan Structure: Fully amortizing with minimal or no covenants.

Collateral Requirements:
- Eligible for a 25-year term if at least 30% secured by primary commercial or residential real estate.

- Eligible for a 25-year term if at least 51% secured by junior primary commercial or residential real estate.

Pricing: Competitive rates starting from 5-Year Treasury + 6.5-7.5%.

Processing Time: Typically, 3-4 weeks for underwriting and an additional 3-4 weeks to close.
Can be funded along with lenders providing revolving lines of credit.

Howie Dane
President

Funding Sources for Business
president@fundingsourcesfiorbusiness

1067 Deerfield Place-Second Floor
(847) 831-4118

[Olderguy]

sounds like SBA 504?