S&K Lending Options

Equipment Financing

Unsecured Line of Credit

Commercial Real Estate

Approval in as little as 24 hours for almost any type of business related equipment.

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Commercial Real Estate

Unsecured Line of Credit

Commercial Real Estate

Investment Property, residential, construction, office buildings. 100k up to 5 Billion.

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Small Business Loans

Unsecured Line of Credit

Terms up to 25 years and approval in as little as 48 hours.

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Unsecured Line of Credit

Business line of credit up to $500,000.

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Commercial Real Estate

Small Commercial Real Estate -

Loan Amount: $100K to 2 Million
Geography: United States
Property Types: Multifamily, Retail, Office, Mixed Use, Light Industrial, Self-Storage, Automotive, Mobile Home Parks
Term: 3/1 ARM, 5/1 ARM, 30 year Fixed
Full-Recourse
LTV: Up to 80% LTV for purchases, up to 75% LTV for refinances

Large Commercial Real Estate -

Loan Amount: $50 Million to Over $5 Billion
Geography: United States and Select International Countries.
Property Types: Multifamily, Retail, Office, Mixed Use, Ground Up Development and Construction. Raw Land, Industrial, Hotels, Resorts, Gaming
Term: 5 Year Term with optional 1 year extension.
Non-Recourse
LTC : Up to 80%; 100% for construction projects.

Small Business Loans

* Purchase * Build * Refinance * Renovate * Owner-occupied

Non-conforming properties
Single-purpose buildings
Gas stations
Restaurants
Repair Shops
Auto Dealerships
Hotels and motels
Convalescent hospitals
Veterinary

EXISTING BUSINESS ACQUISITION LOANS

Your company’s Cash Flow & Management Capabilities are our primary indicators

Up to $1.25 million a year
Up to 15 year term
Up to 80% financing
Loans fully amortized, no balloons
No pre-payment penalty
48 hour pre-qualification

EQUIPMENT FINANCING

Commercial printing and binding Machine tools Manufacturing Equipment Heavy Equipment Trucking Medical Equipment Laundry/dry cleaning Diagnostic Equipment

LOANS UP TO $5 MILLION

No cost pre-qualification letters
Competitive rates and flexible terms
No pre-payment penalties
Up to 90% financing
Up to 25-year terms
Fully amortized
Fixed and variable rate options on both 7a and 504 programs

7(a) Loan Program

We specialize in providing long term permanent financing to small businesses. Our loans, including the 7(a) Loan Program, are made through the Small Business Administration (SBA) guaranteed loan programs.

Eligible Businesses and Property Types

Almost any type of for-profit business is eligible for financing. Commercial real estate must be partially occupied by borrower and includes, but is not limited to, the following types of properties:

Office Buildings
Warehouses
Industrial Buildings
Manufacturing
Child Care Facilities
Car Wash Facilities
Automotive Repair
Shops
Professional Buildings
Hotels and Motels
Restaurants
Gas Stations
Bed and Breakfasts
Franchises
Start-ups
Single-Use Buildings

Eligibility based on SBA size standards. Typically, retail businesses with annual sales of less than $6,000,000, manufacturing business with less than 500 employees, and service businesses with less than 100 employees. Eligible businesses include those in retail, manufacturing, and services industries.

Use of Proceeds

Real estate acquisition, construction or refinance – up to 90% financing available
Business Acquisition – up to 80% financing available
Equipment Acquisition – up to 100% financing available
Debt Refinance -up to 100% financing available

Terms

Up to 25 years for real estate financing
Up to 10 years for equipment or business acquisition financing
Up to 7 years for permanent working capital
All loans are fully amortized.
Interest Rates and Fees
Interest rates are always market competitive. Fees are generally limited to the SBA guaranty fee and customary closing costs.

Loan Amounts

Loan amounts range from $200,000 to $5,000,000

504 Loan Program

We specialize in providing long term permanent financing to small businesses. Our loans, including the 504 Loan Program, are made through the Small Business Administration (SBA) guaranteed loan programs.

Use of Proceeds

Real estate acquisition or construction – up to 90% financing available
Equipment Acquisition – up to 80% financing available
Loan Structures
Financing available on projects up to $12,000,000.

1 ) Typically provide a first mortgage of up to 50% of the total loan to value. This loan can range from $100,000 to $3,000,000. 2) The SBA, through a Community Development Company (CDC) provides up to 40% loan to value in a second lien position. This loan can range from $100,000 to $5,000,000.

Terms and Interest Rates

First Mortgage – up to 25-year term for real estate loan and up to 15-year term for equipment purchase with fixed and variable interest rates available.
Second Mortgage – up to 20-year term for real estate and up to 15-year term for equipment purchase. Fixed rate is determined at SBA guaranteed 504 debenture sale.

Fees

First Mortgage – fees are always market competitive.
Second Mortgage – 2.75% + legal review fee. This fee is financed in the loan.
Fees also include customary closing costs, construction loan fees (if applicable), and bridge fees.

Eligible Properties

Almost any type of for-profit business is eligible for financing. Commercial real estate must be partially occupied by the borrower.

Unsecured Lines of Credit

These business lines of credit do not require collateral and include anything from smaller business credit card solutions to individual lines of credit for $500,000.

How much the business owner qualifies for depends on the credit profile and the size and profitability of the business. Start-up companies with no established revenue and a business owner or partner with a good credit file can expect to receive between $25,000 – $100,000 normally. Established businesses with revenues of $1,000,000 up to $10,000,000 can expect between $100,000 – $500,000 with no collateral if they qualify with their financials and credit. These are A-Paper products so the rates are very good. They range anywhere from 0% introductory offers on all our business credit card solutions to 1-5% over prime for the larger lines of credit. We don’t offer “subprime” Unsecured lines so you’ll either get the good rates or you will not be approved.

We offer a No-Obligation Pre-Qualification that takes 10 minutes to complete and only requires a credit-check that costs less than $45.