Financing options
You can apply for a recourse, non-recourse or partial recourse loan up to 80% LTC.
These are commercial property loans and Single Family Homes Do Not Qualify
In some situations, investors have a need for “high leverage” financing options. Loan request above 80% LTV are considered to be exceptional and require some exceptional appeals and attractions:
1. The Borrower must have a solid track record of success.
2. The Borrowers must offer the Lender a equity in addition to the loan.
3. The package must be professional prepared.
4. The project must be pre underwritten.
A revolving business line of credit operates like a credit card, usually offering a higher credit limit and lower interest rate, and you pay interest and fees solely on the funds you utilize.
You can pay off your balance at any time without incurring penalties and repeatedly draw funds for expansion, emergencies, or any unforeseen business expenses—all through a convenient online portal.
Even if you have no or low credit, you may still be eligible to prequalify for financing without impacting your credit through our flexible programs. If financing eligibility remains a challenge, our advisors can assist you in selecting from various Credit Builder products, such as the Credit Builder Loan, Credit Builder Card, Bill and Rent Reporting, and Credit Repair.
With ongoing credit score monitoring, you’ll receive notifications about score improvements and when you’ve re-qualified for better financing terms.