NATIONWIDE SBA PROGRAM:

MAX. LOAN AMOUNT: $10,000,000

MIN. LOAN AMOUNT: $ 500,000

MAX. LTV: 90%

INTERESTA RATES: 1.00 - 1.50 + PRIME

APPROVAL TIME: 10 DAYS

COMMITMENT: 15 DAYS

CLOSING: 30-60 DAYS

FOR PURCHASE, RENOVATE OR REFINANCE

PROPERTY TYPES:

HOTELS, MOTELS, OFFICE BUILDS, MIXED USE PROPERTIES, ALL OWNER OCCUPIED PROPERTIES.

FOR A QUICK EVALUATION OF YOUR LOAN REEQUEST COMPLETE THE FORM BELOW AND CLICK SUBMIT
PROPERTY NAME:
BOWERS'S NAME:
BORROWER'S ADDRESS:
BORROWER'S PHONE #::
PROPERTY TYPE::
PURCHASE OR REFINANCE:
LOAN AMOUNT:
TERM REQUESTED:
WHEN WAS PROPERTY BUILT:
NUMBER OF UNITS:
HOW MANY ACRES:
BUILDING SIZE SQFT:
ORIGINAL COST:
CURRENT VALUE:
DATE ACQUIRED:
TYPE OF LOAN REQUESTED:
GROSS INCOME IN 2003:
NOI IN 2003:
GROSS INCOME IN 2002:
NOI IN 2002:
GROSS IN 2001:
NOI IN 2001:
YEAR TO DATE P AND L:
PURPOSE OF LOAN:
 


RECENTLY CLOSED DEALS

1. OFFICE BUILDING - FORTLAUDERDALE, FL $1,800,000

2. DENTIST OFFICE BUILDING, JACKSON, MS $1,400,000

3. COMFORT INN - HOUSTON, TX $3,400,000

4. HOLIDAY INN EXPRESS - ST.LOUIS, MO $2,600,000

5. RAMADA LTD - EVANSVILLE, IN $2,300,000

6. DAYS INN - NASHVILLE, TN $2,600,000

7. SUPER 8 - NASHVILLE,TN $2,200,000

8. QUALITY INN - CHARLOTTE,NC $2,450,000

9. BESTWESTERN - ALLEN TOWN, PA $3,720,000

10. DAYS INN - OHIO $1,400,000

11. MEDICAL OFFICE BUILDING, ORLANDO,FL $1,750,000

REQUIRED DOCUMENTS

1. PURCHASE CONTRACT IF APPLICABLE

2. 2001, 2002, 2003 AND YEAR TO DATE PROFIT & LOSS STATEMENTS ON THE SUBJECT PROPERTY.

3. 2001, 2002, 2003 TAX RETURNS ON THE SUBJECT PROPERTY

4. 2001, 2002, 2003 TAX RETURNS AND CURRENT FINANCIAL STATEMENT ON ANY BORROWER WITH 20% OR MORE OWNERSHIP.

5. ANY EXISTING APPRAISALS, SURVEY OR PLAT

6. 6 PICTURES OF THE IN AND 6 PICTURES OF THE OUT SIDE OF THE PROPERTY.

7. A COPY OF THE TITLE POLICY AND LEGAL DESCRIPTION.

8. MAI APPRAISAL, ENVIRONMENTAL REPORT (EPA) ALTA-LOMA SURVEY.

9. COMPLETE LOAN APPLICATION WE WILL SEND TO YOU.

IF WE NEED ADDITIONAL INFORMATION WE WILL NOTIFY YOU