PARADISE CA COMMERCIAL REAL ESTATE, Business loans 80% Fixed 30 year
80% Business Loans Fixed Rate 30 year , $25,000,000 Limits
Here is a great niche market loan. It's not very well known but USDA has long been providing Loan Guarantee's for American Business. The following information provides an outline of the program:
The United States Department of Agriculture USDA Business and Industry Loan Guarantee Program represents a unique source of funding for those seeking Paradise Commercial Real Estate Loans.
MARKET: Buyer's and business owners of commercial real estate
LTV: 80-90 percent based upon either startup or existing business status.
TERM: Variable and Fixed rates, 7 to 30 year depending on collateral and use of funds. New accelerated approval process (October 1, 2009) 10 day approval process possible for Paradise CA Commercial Real Estate
LOCATIONS: Communities with populations under 50,000 and their contiguous urbanized boundaries.
COLLATERAL: Projects eligible for B&I financing include business acquisitions, commercial real estate purchases, startup costs and working capital, machinery and equipment purchases and some refinances. Commercial/Residential mixed use properties are now eligible.
More information on on the USDA Business and Industry Loan Guarantee Program is available HERE .
This is not a commitment to loan. This information is provided by your Realtor. Any commitment to loan will be based upon borrow's loan application, property eligibility/collateral, Lender's approval and USDA's guarantee. Paradise CA Commercial Real Estate
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