Small Business Loan Program at Wadsworth Capital Group is an excellent source of financing for most businesses. Wadsworth Capital Group has been designated as a Preferred Financial services company by Perferred SBA lenders to have loans processed more quickly and efficiently. This designation means that the SBA has delegated the approval process to our lenders, which means fast and efficient processing of your SBA loan.

COMMERCIAL/INDUSTRIAL REAL-ESTATE FINANCING

 

 

 

   Non-conforming properties

   Single-purpose buildings

   Gas stations

   Restaurants

   Repair Shops

   Auto Dealerships

   Hotels and motels

   Convalescent hospitals

   Veterinary

 

 

   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

 

 

 

   Commercial printing and binding

   Machine tools

   Manufacturing Equipment

   Heavy Equipment

   Trucking

   Medical Equipment

   Laundry/dry cleaning

   Diagnostic Equipment

 

 

 

   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

 

 

 

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, construction, or refinance - up to 90% financing available

Equipment Acquisition - up to 80% financing available

 

Loan Structures

Financing available on projects up to $12,000,000.

 

1. Paradigm Commercial Capital Group typically provides 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.

 

   

   Cash in 24 hours

   No personal guarantees

   We finance any type of business

   No recourse even if the account does not pay

   Credit insurance on your clients at no cost to you

   No arbitrary loan board decisions

   No Fixed Payments

   As sales and receivables increase, funding Increases

   Focus on your business, not collections

   Take advantage of early payment or bulk purchase discounts from your suppliers

   Ability to service large and / or unexpected orders

   Accounts receivable financing is more flexible and quicker than bank    loans

 

Use The Money To…

 

   Fund payroll or other operating expenses

   Purchase inventory to take advantage of bulk/early payment discounts

   Fund expansion and growth

   Respond to seasonal demands and opportunities

   Take on that large new account with confidence

 

Contact us today, and one of our financial specialists will give you a no-cost analysis of what we can provide for your company.