- Commercial leases
- Construction loans
- Land purchases financing (50 to 60% LTV)
- Hard money loans (12 to 36 months)
- Development and financing
- Hospitality/restaurant financing
- Equipment / Luxury High-End Auto Loans (for business clients only)
- Joint venture financing
- SBA Loans 504, 7a and non-real-estate
- Fix and Flips financing (Fix and Flips, experience a 100% LTV and 90% ARV, no exp – 70 to 80% LTV and 80% ARV)
- Secured/unsecured Business lines of credit
- Medical/doctors/medical clinics financing
- Business credit line loans
- Medical (hospitals, clinics, etc.)
Commercial Loan Products
Affiliate Pen Pointe Commercial Underwriters Provides the Following Loans
www.penpointebrokers.net
- Film financing (movie script/treatment/budget/trailer)
- Commercial business loans “AR’s, Assets and equipment”
- Acquisition Development Financing
- Commercial business consolidation loans
- Acquisition development loans
- Ground lease Financing
- Multi-family Financing “duplex/from A to D up to 500+ units”
- Bridge loans (6 to 36 months)
- Agricultural (ranches, farms, and chicken coops)
- Commercial financing
- Industrial/warehouse (finance or purchase)
- Office/plaza development loans
- Owner occupied businesses financing
Overview of SBA 7(a) and SBA 504 Loan Programs
| Feature | SBA 7(a) Loan¹,² | SBA 504 Loan¹,² |
|---|---|---|
| Ideal for |
|
|
| Loan Amount | Up to $5 million |
• Bank: 50% financing • SBA: 40% financing • Borrower: 10% down payment |
| Interest Rate | Variable rate, tied to the WSJ Prime Rate plus a margin |
• Bank Portion: Can be fixed or variable rate • SBA Portion: Fixed rate |
| Terms |
• Real Estate: Up to 25 years • Non-Real Estate: Up to 10 years |
Amortized up to 25 years with: • SBA Portion: 25-year maturity • Bank Portion: 10-year maturity |
¹,² Actual terms, rates, and eligibility can vary depending on the lender, borrower qualifications, and current SBA rules.