Our Products

Amount:

Purposes:

Interest Rate:

$25,000 minimum, $50,000 maximum.

Working capital; receivables financing; refinance of higher-rate debt.

Fixed Rate, determined by circumstances (Currently 4%)

Term:

Repayment:

Pay Down:

Revolving line of credit, renewable annually.

Interest only, monthly.

The line must be cleared (paid to $0) at least once per annum.

Collateral:

Flexible collateral requirements; blanket security interest in corporate assets or assignment of state reimbursement payment.

Ratios:

90% Loan-to-Value Ratio; 1.25 Debt Service Coverage Ratio.

Amount:

Purposes:

 Interest Rate:

$25,000 minimum, $100,000 maximum.

Building/leasehold improvements, rehabilitation, energy-related equipment and improvements.

Fixed Rate, determined by circumstances (Currently 4%)

Term:

Amortization:

Up to 5 years.

Up to 30 years.

 Repayment:

Monthly interest only during construction; monthly principal and interest thereafter.

Collateral:

Ratios:

First or second mortgage or deed of trust; blanket security interest in corporate assets.

90% Loan-to-Value Ratio; 1.25 Debt Service Coverage Ratio.

Other:

USDA or other government guarantees will be required if needed.

Amount:

$100,000 minimum, $250,000 maximum

Purposes:

Permanent financing to purchase a new facility or to refinance higher-rate or maturing debt.

Interest Rate:

Fixed Rate, determined by circumstances (Currently 4%)

Term:

Up to 30 years.

Repayment:

Monthly principal and interest.

Collateral:

First mortgage or deed of trust; blanket security interest in corporate assets.

Ratios:

90% Loan-to-Value Ratio; 1.25 Debt Service Coverage Ratio.

Amount:

$1,000 minimum, $10,000 maximum

Purposes:

Personal loans for business

Interest Rate:

Fixed Rate, determined by circumstances (Currently 4%)

Term:

Up to 3 years.

Repayment:

Monthly principal and interest.

Collateral:

None

Ratios:

90% Loan-to-Value Ratio; 1.25 Debt Service Coverage Ratio.