SMALL BUSINESS LENDING

PROPERTY TYPES:  RETAIL (STAND ALONE AND CONDO), OFFICE (STAND ALONE AND CONDO), AUTOMOTIVE BASED, INDUSTRIAL USE (STAND ALONE OR CONDO), CAR WASH, MINI-MART (WITH AND WITHOUT GAS), PROFESSIONAL MEDICAL OFFICE

LENDING AREA:  NATIONWIDE

PROPERTY GRADES:  ALL

BORROWER CREDIT GRADES:  "A" TO "B" (MINIMUM FICO 625)

OCCUPANCY:  51.00% OWNER OCCUPIED (25.00% CASE BY CASE)

BORROWER MINIMUM INDUSTRY EXPERIENCE:  2 YEARS (EXCEPT FRANCHISE PURCHASE-NO EXPERIENCE REQUIRED)

QUALIFYING NOTE:  NO BANKRUPTCIES OR FELONY CONVICTIONS ALLOWED FOR SBA GUARANTEED LOANS

LOAN TO VALUE:  75.00% TO 90.00% (100.00% POSSIBLE)

LOAN TYPES:  PURCHASE, FRANCHISE PURCHASE, REFINANCE, RE-HAB, CONVENTIONAL CONSTRUCTION WITH SBA PERMANENT LOAN, CONVERSION TO OTHER USES, PARTNER BUY-OUTS TO 100.00%

CURRENT AVERAGE FIXED RATES  PRIME + 3.00% (UP TO 5 YEARS)

CURRENT AVERAGE ADJUSTABLE RATES:  PRIME + .25% TO 2.25%, ADJUSTS QUARTERLY WITH NO FLOOR AND NO CAPS

AMORTIZATIONS:  10 YEARS, 20 YEARS, 25 YEARS MAXIMUM

CURRENT AVERAGE LOAN FEES:  1.00% TO 3.00% (DEPENDS ON LOAN TYPE, SIZE, LOCATION, CREDIT, AND CASH FLOW)

MINIMUM/MAXIMUM LOAN AMOUNTS:

$200K TO $2 MIL (CALIFORNIA ONLY)

$500K TO $5 MIL (NATIONWIDE)

CAN THE DREAM OF OWNING YOUR OWN BUSINESS ACTUALLY HAPPEN?

YES, WITH CONCORD FINANCIAL SERVICE SMALL BUSINESS LENDING, IT CAN!