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Growth Financial provides commercial financing for business owners and investors through a simplified loan process. The biggest single challenge facing buyers is getting the neccesary funding. Our creative financing programs fill a void for entrepreneurs and self-employed business owners who are unable to or unwilling to meat heavy documentation demands imposed by banks. Below is a sample of the programs we offer. Since each transaction is different we encourage you to Contact Us with any questions you may have.
Feel free to see our Growth Fianancial Buyers Guide.pdf for more information.
Also you can download and fax the Growth Fi Commercial App.pdf for Purchasing and Refinance.
Financing Programs
Conventional
LTV: Up to 70%
Minimum FICO: 660 (Experian)
Full Documentation
Loan Amounts: from $150,000 to $5,000,000
Amortization periods: 15, 20 and 30 year
Fixed and Adjustable rates
Property types: All commercial property types
Closing:30-60 days
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SBA
Amount: $100,000 - $6 Million
Min Credit Score: 660
LTV: Up to 90%
Rate & Term: Up to 30 years
Underwriting: DCR Min1.20
Financing Type: Purchase, Refinance
Occupancy: Owner occupied
Closing: 30-45 days
The Small Business Program is ideal for professionals seeking to purchase commercial real estate, machinery and equipment, fixtures and furniture, inventory and other business assets; to provide working capital; and to pay loan closing costs. SBA loans can also be used to refinance certain loans. Loan applicants must meet the program's eligibility requirements, which are designed to be as broad as possible. Businesses must meet SBA size standards, must be "for-profit", must be without internal resources to provide the financing, and must be able to demonstrate repayment ability.
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Equity Based
Up to 60% LTV
No minimum credit score (based on equity)
No Documentation
Loan Amounts: $500,000 up to $5,000,000
Amortization periods: 15, 20 and 30 year
Fixed and Adjustable rates
Property types: All commercial property types
Closing:1-3 weeks
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