Our Policy
Underwriting Guideline
What's Closing Now
Securities Finance
Loan Application
(PDF) Loan Application
Lease Application
(PDF) Client Profile
(PDF) Investor Form
Project Funding
NEW Program for DBL
Dare to Compare
Find Commercial Lender
Referral Program
Eligible Equipment
Equipment Leasing
Leasing Considerations
Equipment Financing FAQ
Opportunity FAQ
Leasing Case Studies
Payment Calculator
Comparison Table
Demographics
About Us
Links We Support








Freedom of Choice
Our Competitors

Business Acquisition / Franchise Start-Up



Now Available

For a limited time

The Business Starter Loan

Features:

 

Loan Amount:

Up to $1,000,000

Approved Loan Purposes:

BD21298_         Franchise Start-ups

BD21298_         Franchise Acquisitions

BD21298_         Business Acquisitions

BD21298_         Machinery & Equipment Purchases

LTV:

90%

Borrower Injection:

10%

Term:

10 Years

Interest Rate:

Prime + 1.50% - Prime + 2.75%

Pre-Payment Fee:

Balloon Payment:

Origination or Points:

Requirements:

 

Borrower’s Injection:

Now: 10% / 0% for additional franchise locations (was 15% - 20%)

Debt Coverage Ratio:

Now: 1.20 for one year (was 1.25 for 2 years)

Minimum Buyer Salary:

Now: Waived (was $25,000)

Eligible Businesses:

Must be Privately Held and Operated For-Profit

Borrower’s Experience:

BD21298_         None Required for Approved Franchises

BD21298_         3 Years of Related Experience for Non-Franchise

Working Capital:

Funds Provided to Cover 3 – 6 Months of Expenses