Small Business Real Estate Loan Program Information: Conventional, SBA, CRF, and USDA B&I Programs.

Real Estate Loans
for
Small Businesses

Excelsion Mortgage helps small businesses grow into larger businesses by preserving capital during expansion. Growing a business is a cash management balancing act and the less money buried in facilities means more money for other necessary functions. Excelsion Mortgage offers both SBA and Conventional business financing. Thse types of loans offer up to 90% of the purchase price of the property used for business in financing, thereby preserving precious capital. Conventional financing is the more flexible of the two, so we'll cover it first.

Conventional Business Financing

In recent years, some lenders have created SBA "look-alike" or conventional programs that have fewer restrictions than SBA-guaranteed financing (see below). For example, they allow the owner-user to occupy less space in the property than the 51% required by the SBA. Depending upon the type of property, conventional loans may allow as much as 90% loan-to-value financing, although some property types are limited to lower LTVs. Construction loans are also available on a conventional basis.

The Small Business Administration

The Small Business Administration is a quasi-governmental agency established to assist small business owners obtain financing for their business operations. The primary form of collateral for SBA loan is owner-user business real estate. SBA funds can be used for a variety of purposes including the acquisition of business real estate, business property, operating capital and any other legitimate business purpose.

SBA loans are typically used for single-use or single-tenant properties where the owner of the property is the owner of the business using the property. The SBA's rule of thumb is that 51% of the property must be used by the owner-operator to qualify for the agency's guarantee. There are often other restrictions placed upon the owner to obtain this financing such as: Annual reporting and cross-collateralization with the owner's primary residence. The SBA finances office buildings, retail centers, automotive centers, warehouses, light industrial (manufacturing) facilities and a host of other property types.

Excelsion Mortgage can help you determine which type of financing will fit your needs the best. If you have a particular property in mind, complete the form below and we'll get back to you with some options.

Small Business Real Estate Loan Information

Thank you for asking us to develop a quote for your small business
real estate refinance or purchase project. If you are developing a
property, please go to our Construction Loan Quote form. Also,
please be as thorough in answering the questions as possible
because it will really help us quote you accurately and quickly. If
you have questions about the form, please call us at ?888-578-
5441?.

Your Contact Information

*Name:
*Email:
*Phone:
Fax:

Tell Us About The Property

*Address/Location:
*Multi or Single Tenant:
*Total Building SF:
*Occupied SF:
*Land SF:
*Age of Building:
*Property Condition:
Monthly Lease Income, if any.:
Leases: NNN, FSG, or Mod.:
Monthly Expenses:
What else should we know?:

Tell Us About Your Transaction

*Purchase or Refi?:
*Estimated Value or Price:
How Much Cash Out, if any?:
Purchases: $$ Down?:
Seller Carry?:
If So, How Much?:
Closing Date?:
*Loan Amount You Want:
Pref. Amortization (yrs.):
Pref. Type (3/1, 5/1, etc.):
Estimated Hold Peroiod:
What else should we know?:
If Purchasing, Why?:

Tell Us About You, The Borrower

*Type: (Indiv., Corp, LLC):
*Guarantor's Credit Scores:
* Annual Income:
* Approx. Net. Worth:
* Approx. Liquid Funds:
*Describe Your Business:
*Years Owned:
*Years In This Business:
*Current Lease Payment:
What else should we know?:

Note: Fields with an * are required