Get preliminary approval within 24 hours. Simply complete the form using the link below, or call us at 718-285-0806:
In many cases with franchises, speed is essential. That’s why we offer a fast pre-qualification process, and make an effort to make the closing and commitments happen quickly. We want you to have the funds that you need when you need them, which is why we promise not to waste your time.
As an investment in the long term health of your franchise, our loans can have terms of up to 25 years. Our rates start at 6%, and out LTV ratios can be as high as 90%. With no penalties for pre-payment, these custom tailored loans are an excellent way to help your business grow and succeed.
Our programs are particularly useful for first time franchise owners, and can be used for many different business applications. Get a loan to help you complete a real estate purchase or fund new construction; you can also apply these funds towards equipment purchases, remodeling, or acquisition of new locations. You can even use the money as working capital. We also offer a refinancing program to help you consolidate your debt.
|Loan Type||Ground-up construction or retrofit of existing structures
Minimum 10-year NNN lease executed pre-close
All direct project costs including land and soft costs included
Single tenant projects with strong credit preferred
Only strong national credit tenants considered for multi tenant projects
|Loan Amount||$2,000,000 to $100,000,000|
|Maximum Loan to Project Cost (incl. Financing)||80%-100%|
|Maximum Stabilized LTV||75%|
|Reserves (as required)||Interest/Tax/Insurance/Construction|
|Loan Term||12-36 months|
|Typical Origination/Exit Fees||2%+|
|Prepayment||Open Prepay with Minimum Interest|
|Minimum Guarantor FICO||640|
|Minimum Guarantor Liquidity/Net Worth||15%/100% of Loan Size|
|Guarantor Bankruptcy/Foreclosures||None in last 5 Years|
Get preliminary approval within 24 hours.
Click the button and fill out our form, or give us call us at 718-285-0806