Loan Programs
Our catalog of small business loans.
Every business borrows for a different reason. Below, we have our options, and what each is good for and who it tends to fit. If you're unsure of anything, please do not hesitate to ask, as we are here to help you figure this out.
Programs
Six options to fund what’s next.
Commercial Real Estate Loans
Buy, refinance, or pull cash out of commercial property, whether your business occupies it or you lease it out.
- Uses
- Purchase, refinance, cash-out, renovation
- Typical structure
- 5–10 year term, 20–25 year amortization
- Typical leverage
- Up to about 75–80% of value
- Industrial, retail, office, hospitality, healthcare, and special-use property.
- Commonly a 5- to 10-year term on a 20- to 25-year amortization, with a balloon at maturity.
- Sized on value and cash flow: lenders often stop around 75% loan-to-value and look for a 1.20x–1.25x debt service coverage ratio.
SBA Loans
Government-backed loans with long terms and low down payments, for owner-occupied property, expansion, or buying a business.
- 7(a) maximum
- $5 million
- 504 maximum
- $5.5 million SBA portion
- Real estate term
- Up to 25 years
- SBA 7(a): up to $5 million for real estate, equipment, working capital, refinancing, or buying a business.
- SBA 504: up to $5.5 million from the SBA for buildings, land, and long-life equipment, often with 10% down.
- Up to 25 years on real estate. Your business must occupy at least 51% of an existing building, or 60% of new construction.
Unsecured Loans & Lines
Working capital approved on your revenue and credit, without pledging real estate or equipment.
- Forms
- Term loan or revolving line of credit
- Collateral
- No specific asset pledged
- Typical terms
- Shorter, often 1 to 5 years
- A term loan for a one-time need, or a revolving line you draw on and repay as you go.
- Approval leans on revenue, time in business, and credit rather than property.
- “Unsecured” means no specific asset is pledged. Most lenders still require a personal guarantee and may file a UCC lien.
Commercial Hard Money
Short-term, asset-based loans that close quickly when a bank can’t, or can’t in time.
- Typical term
- About 6 to 24 months
- Payments
- Usually interest-only
- Typical leverage
- About 60–75% of value
- Underwritten mainly on the property’s value, not on tax returns or a long credit history.
- Usually interest-only, with terms of about 6 to 24 months and leverage around 60–75% of value.
- It costs more than bank debt, so every loan starts with a clear exit: a sale, a refinance, or stabilizing the property.
Equity Loans & 2nd Liens
Turn the equity in property you own into cash, without refinancing the first mortgage you already have.
- Position
- Second lien, behind your first mortgage
- Keeps
- Your existing first mortgage and its rate
- Sized on
- Combined loan-to-value (CLTV)
- A second loan sits behind your existing first mortgage, so a low rate on the first stays in place.
- Sized on combined loan-to-value: everything owed on the property against what it is worth.
- Some first mortgages restrict additional liens, so we review your loan documents before anything else.
Adelante 95
Buy a commercial building with as little as 5% down: up to 95% loan-to-value, on loans up to $5 million.
- Loan-to-value
- Up to 95%
- Down payment
- As little as 5%
- Loan amount
- Up to $5 million
- Finance up to 95% of the purchase, so you bring 5% instead of the 20–25% or more a conventional commercial loan often needs.
- Loan amounts up to $5 million.
- On a $2,000,000 building, that is a $1,900,000 loan and $100,000 down.