SBA 504 Loan Program

Maximum Project

$24,000,000

Multiple Loans

Multiple SBA Loans Allowed (using Energy Conservation Rule)

Recourse

Personal & Corporate

Loan Types

Purchase - Refinance, Construction

Maximum CLTV

90.0%

Occupancy Type

Owner Occupied (> 50.0% of gross rentable square feet)

Eligible Locations

Nationwide

Eligible Locations

Nationwide

Property Types

Real Estate & Equipment Exclusively

Real Estate Types

All Property Types Considered, Including Hotels & Gas Stations

DSCR Minimum

1.15%

Credit Profile

Credit Issue Driven – Not Credit Score Driven

Interest Rate

1st Mortgage: 5% - 7%

||

2nd Mortgage: 5.5% - 6.5%

Amortization

1st Mortgage: 25 years

||

2nd Mortgage: 25 years

Term

1st Mortgage: 5/10 years

||

2nd Mortgage: 25 years

Loan Points

Varies by industry, collateral and qualification issues

Prepay

Declining by length of term

The Continental Finance Difference

Nationwide Program
No Restricted Industries
Competitive Pricing
We Fund Your Loans