• Purchase of land & building
  • Land acquisition, along with new construction
  • Remodeling/rehabilitation of an existing building
  • Building expansion
  • Equipment acquisition (with life expectancy of 10 years or more)
  • No rolling stock
  • Commercial Real Estate and Equipment Debt Refinance available
  • Existing building – 51%
  • New Construction – 60% immediately with the business occupying some additional space within three years, and up to 80% within 10-years.   20% of the building can be permanently leased
  • Gas stations
  • Hotels
  • Fitness clubs
  • Storage facilities
  • Medical facilities
  • Dentists/Doctors
  • Industrial building
  • Retail buildings
  • Office buildings
  • Car dealers
  • Automotive repair
  • Day care facilities
  • Marinas
  • Schools/Preschools
  • Restaurants
  • Skilled nursing
  • Farms and Ranches
  • Franchise/Dealer agreements require SBA approval in advance
  • Others - please contact us for more information

Below are some of the examples of SBA defined Special Purpose Properties that require an additional 5% down due to the business type.

  • Amusement Parks
  • Auto Repair Centers with pits or in ground lifts
  • Bowling Alleys
  • Car Wash Properties
  • Cemeteries
  • Clubhouse
  • Cold storage facilities where more than 50% of the total square footage is equipped for refrigeration
  • Dormitories
  • Farms, including dairy facilities
  • Funeral home with crematoriums
  • Gas Stations
  • Golf Courses
  • Hospital, Surgery Centers
  • Hotels and Motels
  • Mines
  • Museums
  • Nursing Homes, including assisted living facilities
  • Oil Wells
  • Quarries, including gravel pits
  • Railroads
  • Sanitary Landfills
  • Sports Arenas
  • Swimming Pools
  • Tennis Clubs
  • Theaters
  • Wineries
  • Speculative – i.e. developers involved in buying & selling real estate based on future market increases
  • Non- profit Institutions
  • Businesses engaged in immoral activities
  • Gambling
  • Lending or investments companies.   Loan brokers are eligible
  • Real property held for investment purposes
  • Monopoly type businesses
  • Pyramid sales
  • Minimum of $250,000.
  • Maximum of $18,000,000+ depending on overall loan structure
  • An environmental questionnaire is required on all properties
  • A TSA is required on all properties, except bare land that has never been farmed
  • A Phase I environmental report may be required if additional investigation is needed.
  • Gas Stations & automotive repair facilities will require a Phase I
  • All environmental reports will require the contractor to sign SBA’s Reliance Letter.
  • All appraisals must be addressed to the Participating Bank and the U.S. Small Business Administration.
  • Appraisals must be completed by a State certified appraiser.
Multi-purpose facility 90% *
Special Purpose facility 85% (hotels, gas stations, etc.)
Start-up business 85% (business less than 2-years old)
Start-up & Special Purpose facility 80%

*Storage Facilities & Equipment purchases qualify for financing up to 90% of cost

Bank $500,000 50%
SBA $400,000 40%
Down Payment $100,000 10%
Total $1,000,000 100%
Bank SBA
Term 10+ years 10 or 20 years
Amortization 10-30 years 10 or 20 years
Bank SBA
Loan Fees Minimum .5% 2.15%
Attorney Cost -- $2,500
Appraisal market price est. - $4,500+
Environmental market price est. - $ 800+
Title & Escrow

Note: The above loan fees & costs are financed, except for the bank’s permanent loan fee.

Note: Note-Title, Escrow Fees & Taxes are not financed and can vary.   All Property Taxes must be PAID current at funding.

  • Prequalification from Capital Funding can be completed within 24 hours
  • Final loan approval normally takes 2 to 6 days from receipt of a complete financial package
Advantages:
  • Up to 90% financing
  • Below Market Fixed Interest Rate
  • Typically no outside collateral required
Disadvantages:
  • Prepayment Penalty
  • Higher Loan Fees
  • Two Loans vs. One Loan
  • We can be your client’s first lender contact and get them prequalified for the maximum financing available.
  • We can assist in selecting a participating lender that will best suite your clients needs.