Tag Archives: SBA lenders

Closed Franchise Loan

ICA CLOSES a commitment to lend at 90% financing for the Start-Up of a owner user Jimmy Johns in the Suburbs of Charlotte, NOrth Carolina. ICA and the financing desk, leading resources in today’s mortgage industry CLOSES a $353,000  dollar Start-Up loan for a newer franchisee  in the … Continue reading

Posted in Commercial Bank Underwriting, Commercial Loan Rates, Commercial Mortgage Trends, Guaranteed Loan Investments, SBA 7A Trends and Update, Secondary Marketing, Startup Financing, The Economy | Tagged , , , , , , , , , , , , | Leave a comment

115% LTV Loan Approval!!!!!!!!

ICA SECURES a commitment to lend at 115% financing for the refinance of owner user Commercial Real Estate, debt consolidation and a permanent working capital LOC in the North-West suburbs of Chicago. The loan proceeds are going to decrease his monthly … Continue reading

Posted in Commercial lending, Commercial Loan Rates, Commercial Mortgage Trends, Guaranteed Loan Investments, SBA 7A Trends and Update, Secondary Marketing, The Economy, Underwriting | Tagged , , , , , , , , , , , , , | Leave a comment

Loan Closing!!!!!!

ICA CLOSES a commitment to lend at 85% LTC for the Purchase of an Independent Gas Station and Convenience Store with WORKING CAPITAL in the North West section in the state of North Carolina. The loan proceeds are going to be … Continue reading

Posted in Commercial Bank Underwriting, Commercial lending, Commercial Loan Rates, Commercial Mortgage Trends, Guaranteed Loan Investments, Uncategorized, Underwriting | Tagged , , , , , , , , , , | Leave a comment

98% and 93% Financing CLOSED!!!!!

  ICA CLOSES 2 commitments to lend, LOAN 1  at 98% financing for the purchase of an industrial condominium and LOAN 2 at 93% debt consolidation with Commercial Real Estate refinance, working capital for the expansion of the business and was … Continue reading

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$923,000 CLOSED LOAN CHICAGO, IL

                                       ICA CLOSES a commitment to lend at 90% financing for the purchase of equipment, a 100% debt consolidation refinance, working capital for the … Continue reading

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LOAN APPROVED – Go Gasoline, Santee, CA

ICA SECURES a commitment to lend at 65% financing for the refinance of an Independent Gas Station on a 35 year land lease using the SBA 7a loan program. This refinance also included capital to purchase new equipment, inventory, and to do … Continue reading

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SBA Gets Brokers Bank in the Game

Do you remember when commercial mortgage brokers had to track the hours that went in to each 7A loan package, with a strict limit on the fee?  Not any more, per last summers’ release of SOP 50-10-5 (E). The new … Continue reading

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The Truth About Prepay Penalties

You can avoid heavy prepay penalties on the first mortgage part of an SBA 504 by borrowing from a Credit Union Continue reading

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Bankers and Credit Union Execs Learn New Ways to Build Income

Five Ways to Ramp Up Fee Incomne: Here are the Resources Continue reading

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Huge Opportunities in SBA-USDA Just Around the Corner

HUGE changes are in store — SBA 504 REFINANCES, higher LIMITS, $5 MM limit on 7A loans, etc, and its almost HERE! Continue reading

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