Business/Cash Advance Loan Program

Basic Program Outline

• Rates: Rates starting at 9.99%, no collateral needed.
• Term: 4 Months - 10 years fixed!!!
• For: Expansion, working capital, inventory, equipment, *all business related use of proceeds are eligible!!
• Eligble Locations:  Almost all US & Canada locations are eligble regardless of population! (*exclusions: NV, Puerto Rico and Quebec.)
• Flexible Repayment Options: Monthly, weekly & daily repayment.
• Acceptable Industries: No restricted industies!
• Pre Payment Penalty: No prepay penalty options!
• Typical Closings Time: Closings in 2-5 days + if qualified!
• Credit Score: *500 minimum average
• EZ documentation: Min documentation required, JVC signed credit app, 6 months minimum business bank, credit card statements, voided check, color copy of drivers license.
• No close costs: Absolutely no out of pocket 3rd party closing costs associated with this program.
• Fees: Application fee upon initial submission from $595.00 - $3,995.00 subject to initial review of pre-diligence etc.,
• Length of Operation Req: Minimum 2+ months in business, revenue producing, *Time in business and revenue will affect terms if offered.

Standard Bridge Loan Program

Basic Program Outline

• Types of Loans: First trust deeds only, purchase, refi
• Credit Types: Bad to great fico scores.
• Types of Properties: Non-Owner occupied residential, multi-family, mixed use, retail, office, industrial, vacant buildings, entitled land, apartment buildings, construction, gas stations, c-stores, warehouse, assisted living facilities etc..
• Location: Nationwide (*some restrictions may apply).
• Loan Amounts: $75,000 to $70,000,000 +
• Interest Rates: 8.74% – 14.00% + interest only (*varies depending on geographic area and risk grade of asset class)
• Origination Fee: Varies depending on length of term and risk grade
• Loan Maturities: 12 – 36 months (*bridge loan only), no pre-payment penalty. Extensions available* Longer terms available under different programs. *Subject to approval.
• Loan to Value: Up to 65% LTV depending on property type. Up to 85% LTV under different programs if qualified.
• 3rd Party Junior Financing: Permitted or seller-held seconds, case by case.