We provide tailored financing solutions for a variety of property types, including office buildings, retail centers, industrial facilities, mixed-use developments, hospitality properties, and more.
5+ Units, Apartments, Condos, Mobile Home Parks and more
Retal Office Space, Car Washes, Auto Body Shops and more!
SBA loans, such as the 7(a) and 504 programs, offer flexible financing options for multi-family real estate investments, catering to diverse funding needs.
These loans are backed by the U.S. Small Business Administration, providing a sense of security to lenders and borrowers alike.
SBA loans typically require lower down payments, making them an attractive choice for multi-family property investors looking to preserve capital.
Borrowers can benefit from longer loan terms, which can help manage cash flow and provide stability over the life of the investment.
SBA loans often feature competitive interest rates, reducing the overall cost of borrowing for multi-family projects.
SBA loans can be utilized for various multi-family needs, including property acquisition, construction, renovation, and refinancing.
These loans open doors to capital for small and medium-sized businesses, allowing them to participate in the multi-family real estate market.
The 504 program, in particular, contributes to economic development by financing projects that create jobs and stimulate local economies.
Multi-family investments supported by SBA loans play a role in strengthening communities by providing housing opportunities and improving living conditions.
While there are requirements, the SBA aims to simplify the application process, making it accessible to a broader range of investors.
Loan Amounts <$100k to $2.50m
All information required which is listed under < $100k loans &
- Last two years’ corporate returns or audited statements
- Current year interim financial statements including schedule
- Last two years’ personal returns for ALL guarantors
- Personal financial statements for ALL guarantors
From copiers to hundreds of office systems to Trucks to heavy equipment. Let’s get you what you need!
Bridge Loan Details
- Investment property lending
- Residential and commercial properties
- $150,000 to $25 million
- Stated income
- Owner occupied 1-Yr bridge loan
- $250,000 to $5 million
- Income verification:Â W2, 1099, bank statements (business or personal)
- Exit Strategy – sell property to pay off bridge loan or refinance into long-term financing.
EXPRESS APPROVALS
- Nationwide
- Loans $100,000-$10,000,000
- Up to 80% LTV
- Up to 30 Year Financing
- Cash Out Programs Available
- Discounts for Multiple Properties
- Owner Occupied or Investment
- Lowest Rates in the Industry
Why SBA?
The U.S. Small Business Administration (SBA) offers a number of loan programs designed for business owners who may have challenges qualifying for a traditional bank loan. An SBA loan may offer longer term financing than is available through conventional means. In addition, the loans have a fixed maturity, and there is no prepayment penalty for loans under 15 years. The SBA lending experts at Angle Mortgage Network will make it easy for you to take advantage of the business loan programs available!
SBA loans can be used to provide financing for many reasons, including:
- Expansion or renovation
- Refinance of debt
- Business acquisition
- Inventory
- Purchase of real estate
- Equipment Purchase
- Construction Collateral shortfalls and projection-based loans are possible
- Working capital All fees and costs associated with the project
SBA 7(a) Guidelines
Loan Amount: $200,000 – $5,000,000
Minimum Capital Injection: 20% limited collateral, limited/no experience in industry, historical cash flow Debt Service Coverage (DSC) < 1.25X
10% 3+ years’ experience in industry, historical cash DSC > 1.25X
SBA Term Loans: 10 years (no real estate being acquired)
25 years (owner occupied real estate)
Prepayment Fees: None on term of less than 15 years
5%, 3%, 1% on terms of 15 years or more
Guarantors Minimum Collateral: All principals owning 20% or more of business
First lien on all business assets
Collateral assignment of life insurance for the amount of the loan on the guarantors
Mortgage liens on borrower or guarantor owned real estate (to comply with SBA guidelines)
Other Prequalification Credit Requirements: Access to additional liquidity equal to or greater than the proposed equity injection
Personal credit score of 650 or higher for all owners/guarantors (exceptions discussed)
Personal debt service coverage from income generated outside of the new business
*Loan maturities, rates, guarantees, and fees vary depending on each individual situation. We’d be happy to walk you through your borrowing options.
