- Loan amount is case by case and depends on the request
- Up to 75% LTV (Loan to value of collateral)
- Programs range from 1 year to 25 years
- Cost for a SBA loan is around 6.25% plus prime annually
- Cost for a hard money loan is between 4.65% and 12% annually
- Payments made monthly by check
- No open bankruptcies and no tax liens
- Minimum $25,000 gross monthly volume is required
- Minimum 3 years in business required
- Interest can be written off in business taxes using a 1099-INT form
- Minimum 640 FICO to apply with 3 years of tax returns personal and business with YTD financials
