GrowFL and SunTrust Bank Present: Business Acquisitions and Partner Buyouts How SBA Loans can be leveraged to help
|
|
- Brett Paul
- 8 years ago
- Views:
Transcription
1 GrowFL and SunTrust Bank Present: Business Acquisitions and Partner Buyouts How SBA Loans can be leveraged to help GrowFL Webinar Series Date: September 4, 2012 Presented by: Hetal Engineer, SunTrust VP All 1 credit subject to SBA and SunTrust criteria SunTrust Banks, Inc. is a federally registered service mark of SunTrust Banks, Inc.
2 SBA Background Low down payment (as low as 10%) keeps personal liquidity accessible for new business owner Blended amortization period (up to 10 years on business acquisition and 25 years on real estate) preserves cash flow with lower monthly payments We will finance goodwill in accordance with SBA SOP guidelines on business acquisitions Financing available for partner buyouts with credit for equity in company 2
3 SBA Qualifying Factors SBA Loan Qualification is based on the following: For-profit, non-publicly traded businesses Tangible business net worth (including affiliates) not to exceed $15 million Average net income of the business not to exceed $5 million over the last two years Personal liquid assets of each principal/guarantor not to exceed the total project costs of the proposed loan. Company ownership must be comprised of 51% U.S. citizens or resident aliens (legal permanent residents) 3
4 SBA 7a Loan Business Acquisitions and Partner Buyout Loan Amounts: Up to $5.0MM Pricing: Typically variable rates from P+1.75% to 2.75% (fixed rates are available based on market pricing) Terms Up to 10 years for Business acquisitions Up to 25 years for CRE transactions Down Payment As little as 10% on business acquisitions and CRE request. Can increase based on type or complexity of project Fully Amortized No balloon payments allowed in program 4
5 SBA 7a Loan (cont.) Use of Proceeds Very flexible and thus why 7(a) is so attractive. Can finance business acquisitions, partner buyouts, CRE, working capital, equipment, improvements all in one financing package. Gives client significant options for longer term financing Collateral Take available per SBA requirements. If not available, will consider transaction under-secured (based on strength of project) Prepayment Penalty limited to (5%-3%-1%) for loans over 15 years 5
6 SunTrust SBA Business Acquisition Guidelines Goodwill of $500,000 or more = 25% down payment Goodwill of less than $500,000 =10% down payment Business Valuation on all deals $250,000 or more Down Payment must be non-borrowed funds If loan is undersecured SBA may require outside collateral Business with tax liens are not eligible Earn out provisions are not eligible Seller cannot remain with company more than 1 year Seller debt must seasoned 24 Months before SBA refinance 6
7 SunTrust Business Acquisition Qualifying Criteria Global Cash Flow calculation includes business and personal cash flow/debt analysis for the past three years plus interim period Reasonable Sales & Cash Flow Trends Good Credit Score No Derogatory Accounts Guarantor not Highly Leveraged Experience/Background Industry Within Major NAICS Code Management Prior business/employee management experience Financial Same size P&L/Budget or greater 7
8 SBA s Calculation of Goodwill Stock Sale vs. Asset Sale Doesn t matter the calculation is the same! Total Purchase Price Less: Tangible Assets - Real Estate at FMV - Cash/Cash Equivalents at NBV - Accounts Receivable at NBV - Inventory at Cost - Fixed / (Other) Assets at NBV + Any Assumed Liabilities at NBV = Intangible Assets ( Goodwill ) NBV stands for Net Book Value 8
9 Structuring Loans Under the New Goodwill Rules Borrower to inject cash into project from non-borrowed funds. What if the borrower does not have cash required for down payment? The Good News We can do 75/25 and/or 75/15/10* (loan/cash injection/seller note structure) even 75/10/15* for a strong cash flow transaction! *NOTE: If any portion of the Seller Note is being used as Equity then the Seller Note MUST be on Full Standby for the first 2 Years then amortized P&I payments from Year 3 to year 10 9
10 Lets Look at an Example: Purchase Price $1,000,000 - Tangible Assets (Net Book Value) $175,000 = Intangible Assets ( Goodwill ) $825,000 + Soft Costs Working Capital $100,000 Closing Costs & SBA Fees $40,000 Total Project $1,140,000 10
11 So How Much Can the Bank Lend? 75% Of the total project since the Goodwill is $825,000 (over the $500,000 threshold) 11
12 Possible Deal Structures Total Project $1,140,000 Equity Injection (25%) $285,000 Seller Carry (0%) $0 SunTrust SBA Loan (75%) $855, Or Equity Injection (15%) $171,000 Seller Carry (10% FULL STANDBY*) $114,000 SunTrust SBA Loan (75%) $855,000 *2 years NO Principal or Interest payments, then 8 years fully amortized. 12
13 Financial Considerations Purchase Less Than $250K Purchase At or More Than $250K 3 rd Party Valuation NOT Required 3 rd Party Valuation IS Required Goodwill Less Than $500K Goodwill At or More Than $500K 10% Down payment 25% Down payment 13
14 Documenting a Deal in Today s Credit World Three years of company tax returns, including all schedules Interim Financials with previous year comparison Interim Balance Sheet Owner three year personal tax returns and personal financial statement W2 s and Payroll detail for all Owners NOTE: The first four items are necessary to prescreen a deal. 14
15 SBA Financing Other SBA Products Long term fixed rate RE financing available through SBA 504 program. Up to 90% acquisition, construction, and renovation available Revolving working capital financing available through SBA Express Export financing available through Export Express and SBA Export Lines 15
16 SBA and SunTrust General Qualifying Criteria Business needs to demonstrate historical debt service to support business debts (or solid projections for start up companies) Guarantors need to have direct industry experience or strong transferrable Active owner involvement in business (not remote or as a hobby) If also purchasing real estate, the business needs to occupy 51% of space; 60% if construction project Guarantors must have acceptable credit (not a bad credit program) Guarantors need to show solid post closing liquidity Borrowers must be a US Citizen or legal permanent resident alien Borrowers and affiliates must be within size standards of SBA For profit businesses only 16
17 SunTrust is #1 in SBA Lending SunTrust has been awarded #1 SBA Loan Volume Lender and SBA Export Lender of the Year 17
18 Why Consider SunTrust? SunTrust is committed to providing strong & competitive financing solutions SunTrust s dedicated team of SBA product specialists will help make the process easy and efficient Financing solutions are delivered in a responsive manner with customer satisfaction being a top priority SunTrust is #1 SBA Loan Volume Lender and SBA Exporter Lender of the Year. Call us today! We d like to earn your business. 18
GrowFL and SunTrust Bank Present: How To Utilize The SBA Loan Programs To Improve Cash Flow And Grow Your Business
GrowFL and SunTrust Bank Present: How To Utilize The SBA Loan Programs To Improve Cash Flow And Grow Your Business GrowFL Webinar Series Date: March 5, 2012 Presented by: Hetal Engineer, SunTrust VP hetal.engineer@suntrust.com
More informationSunTrust Your SBA Lending Partner
SunTrust Your SBA Lending Partner Presented by: Eric Hicklin All credit subject to SBA and SunTrust criteria. 2009 SunTrust Banks, Inc. SunTrust is a federally registered service mark of SunTrust Banks,
More informationSunTrust Your SBA Lending Partner
SunTrust Your SBA Lending Partner Presented by: Simeon Harris Date: November 13, 2012 All credit subject to SBA and SunTrust criteria. 2009 SunTrust Banks, Inc. SunTrust is a federally registered service
More informationW i n t r u s t B a n k
W i n t r u s t B a n k 1 WHO ARE WE Wintrust Financial is a financial services holding company We provide traditional community banking services, commercial banking, wealth management, commercial insurance
More informationSBA Express Loan Program. www.sba.gov/for-lenders
SBA Express Loan Program SESSION WILL COVER History Lender eligibility issues Program parameters Loan processing Loan closing Practical uses Program Designed to: Increase lender participation Increase
More informationSBA and USDA Lending 1/28/2014. Benefits of SBA Financing. Small Business Administration and United State Department of Agriculture
SBA and USDA Lending Small Business Administration and United State Department of Agriculture Work in Partnership with Banks Encourage Banks to Lend to Businesses by Guaranteeing loans to reduce Lender
More informationNAVIGATING TODAY S CREDIT JUNGLE ALTERNATIVES
NAVIGATING TODAY S CREDIT JUNGLE AN OVERVIEW OF SBA FINANCING ALTERNATIVES November, 2011 Timothy D. Dixon Head of Small Business Administration (W) 216-514-5431 timothy.dixon@citizensbanking.com 1 Discussion
More informationGraduate School of Colorado SBA lending Presentation
Graduate School of Colorado SBA lending Presentation SBA lending course summary The course will provide an overview and comparison of SBA 7a, SBA 504 and USDA Business & Industry (B&I) loan programs. SBA
More informationSBA Lending. MCUL Lending Conference. What does a guaranty mean to you?
SBA Lending MCUL Lending Conference What does a guaranty mean to you? What will be covered Benefits of SBA SBA Loan Programs 7(a) Lending Parameters Determining Eligibility Credit Considerations Use of
More informationUnderstanding Working Capital in a Successful Business Acquisition or Where is the Working Capital?
Understanding Working Capital in a Successful Business Acquisition or Where is the Working Capital? Working capital definition- 1. The amount of capital needed to carry on a business. 2. Accounting- current
More informationFinancing Downtown Businesses
Financing Downtown Businesses Presented by: David Kircher 1 Wisconsin Business Development Finance Corporation Certified Development Company Authorized to work with SBA 504 Program Fixed Asset Financing
More informationSBA 504 Loan Program FACT SHEET
SBA 504 Loan Program FACT SHEET The Oakland County Business Finance Corporation (OCBFC) was certified under the Small Business Administration's (SBA) Certified Development Company program in September
More informationSBA 504 Non Bank Business Model. Presented by Sok Cordell
SBA 504 Non Bank Business Model Presented by Sok Cordell CH Capital Partners LLC (SBA Non Bank Lending Program) The information contained in this presentation has been obtained from sources believed to
More informationThe FFCFC 504 Loan Program: A Unique Alternative for Small Business Fixed Asset Financing
Commercial Lenders The FFCFC 504 Loan Program: A Unique Alternative for Small Business Fixed Asset Financing The FFCFC 504 Loan Program is designed to help small business owners expand through the purchase
More informationSBA 101 - Introduction to SBA Lending. WPASGL 2013 Quality Circle April 11, 2013
SBA 101 - Introduction to SBA Lending WPASGL 2013 Quality Circle April 11, 2013 PURPOSE OF SBA FINANCIAL ASSISTANCE The purpose of SBA financial assistance is not to encourage banks to make bad loans.
More informationAugust 16, 2011. CBNA Commercial Banking SBA Loan Programs
August 16, 2011 CBNA Commercial Banking SBA Loan Programs Table of Contents Topics Pages What is the SBA? 2 Program Benefits 3-4 SBA 7A Loan 5-7 SBA 504 8-11 Application Requirements 12 SBA Loan Process
More informationUnderstanding Business Valuations
Understanding Business Valuations SBA America East Conference August 1, 2012 Neal Patel, CBA Reliant Business Valuation Abridged Slides: Email neal@reliantvalue.com for full presentation Appraiser s Professional
More informationSBA 7(a) Government. Guaranteed Loan Program
SBA 7(a) Government Guaranteed Loan Program SBA Overview The U.S. Small Business Administration (SBA) Was Created By Congress In 1953 To Assist And Counsel Small Business Growth And Prosperity, Thereby
More informationEntrepreneur Academy: SBA 504 & 7(a) Loan Programs & Updates
Entrepreneur Academy: SBA 504 & 7(a) Loan Programs & Updates Wendy J. Jeffers Sr. Lending Officer: SBA Programs wjeffers@sbacsav.com Mobile: 912.398.3090 or 888.287.2137 In full operation since September
More informationSBA 504 Loan Program Lender s Guide
Eligible Use of Proceeds: Land acquisition and improvements New construction Purchase of existing building(s) Renovations to existing building(s) Purchase of Machinery and Equipment (minimum of 10 years
More informationDebt Refinancing Under the 7(a) Program. Lynn G. Ozer Executive Vice President Government Guaranteed Lending
Debt Refinancing Under the 7(a) Program Lynn G. Ozer Executive Vice President Government Guaranteed Lending Debt Refinancing SBA-guaranteed loan proceeds may not be used to refinance debt originally used
More informationSBA 504 Loans An Important Economic Development Tool for Community Lenders
SBA 504 Loans An Important Economic Development Tool for Community Lenders A vital source of financing for your business customers. 2010 NADCO Presenters today Mindy Murray RMI, Jefferson City, MO Mike
More informationCredit Connections Leveraging Resources to Strengthen Deals. U.S. Small Business Administration
Credit Connections Leveraging Resources to Strengthen Deals U.S. Small Business Administration 1 Lenders Benefits of SBA Loans SBA s Guaranty reduces a Lender s Risk Helps lenders make loans with longer
More informationMaking the Play: Sunbelt Brokers and Transamerica Small Business Capital
Making the Play: Sunbelt Brokers and Transamerica Small Business Capital Today s Agenda 1. The Lending Obstacle Course and the Transamerica Special Team Obstacles Brokers face when finding financing How
More informationWhy is SBA So Concerned About Debt Refinancing?
welcome Why is SBA So Concerned About Debt Refinancing? Primary reason: credit elsewhere mandate in SBA s legislation No financial assistance shall be extended pursuant to this subsection if the applicant
More informationOverview of Financial Solutions
Overview of Financial Solutions The Etra Advisory Group provides solutions to businesses for growth, expansion, cash flow, refinance and acquisition. We cover the world of business financing that banks
More informationSBA Loans: The Missing Manual
PrudentLenders has received many questions from borrowers and lenders regarding SBA loan structure, eligibility, guarantees, affiliation, and collateral. These questions encompass a wide spectrum of issues
More informationWright County Enterprise Loan Fund Policies and Procedures
Wright County Enterprise Loan Fund Policies and Procedures Established 1993 Revised December 1998 Revised December 2002 Revised in 2004 & approved by commissioners January 2005 1 I. OVERVIEW The purpose
More information504 Loan Program. First Mortgage Lender Training
504 Loan Program First Mortgage Lender Training SBA programs are suited to businesses in various stages of development S T A R T U P Access to Capital 7a SCORE SBDC Management Assistant Programs Incentive
More informationLENDERS SUMMARY OF 504 RULES
LENDERS SUMMARY OF 504 RULES Eligibility applies to Nine areas 1. Size 2. Credit Not Available Elsewhere 3. Personal Resources of the Borrower 4. Use of Proceeds 5. Types of Businesses 6. Job Criteria(Economic
More informationGovernment Guaranteed Business Lending
Government Guaranteed Business Lending Ideally suited to the mission of CU s to satisfy their members business loan needs Herb White, VP of Lending, Hudson Valley FCU Margaret Gilbert, Managing Director,
More informationFinancing for the Car Wash Industry. WHITE PAPER: An Overview of SBA 7(a) Financing
Financing for the Car Wash Industry WHITE PAPER: An Overview of SBA 7(a) Financing INTRODUCTION If you are looking to purchase, build, upgrade, or refinance a car wash you already own, you may be surprised
More informationAgenda. Traditional Financing
Traditional Financing This session explores the traditional financing options that are available to allow you to build value in your business while you prepare for your exit 1 Agenda Benefits of Debt Types
More informationSBA 504 Debenture Program Long-term financing for fixed asset acquisitions and expansions
SBA 504 Debenture Program Long-term financing for fixed asset acquisitions and expansions Economic Development Objectives of SBA 504 Economic Development Objectives maximum 504 Loan Job Factor Job Creation/Job
More informationSBA Guaranty Loan Options for Small Businesses
SBA Guaranty Loan Options for Small Businesses W. Lewis Burger Lender Relations Specialist Georgia District Office Atlanta, GA (404) 331-0100 Ext 304 W.Burger@SBA.gov SBA Loan Guaranties- Understanding
More informationThe SBA 504 Loan Program. Financing the Owner Occupied Property
The SBA 504 Loan Program Financing the Owner Occupied Property SBA 504 Overview PURPOSE: provide FIXED RATE, long-term, below- market,, subordinated financing to owner- occupied small businesses promote
More informationOverview of SBA Loan Programs
Overview of SBA Loan Programs U.S. Small Business Administration San Francisco District Office 455 Market Street, Suite 600 San Francisco, CA 94105 (415)744-6820 SBA Loan Programs The Big 3 SBA Microloan
More informationUse this section to learn more about business loans and specific financial products that might be right for your company.
Types of Financing Use this section to learn more about business loans and specific financial products that might be right for your company. Revolving Line Of Credit Revolving lines of credit are the most
More informationAccounts Payable Accounts Receivable Amortization Annual Interest Rate Annual Percentage Rate Attorney Fees Bridge Financing
Accounts Payable Accounts payable are business debts that must be paid off within a relatively short period of time, as opposed to long term debt such as mortgage loans and equipment loans. Accounts payable
More informationShort Term Loans and Lines of Credit
Short Term Loans and Lines of Credit Disadvantaged Business Enterprise (DBE) Supportive Services Program The contents of this training course reflect the views of the author who is responsible for the
More informationLOAN APPLICATION. Name of Business (Legal Name): Address: City, State, Zip: Business Phone: Federal Tax ID #:
LOAN APPLICATION Name of Business (Legal Name): Business Phone: Federal Tax ID #: Fax: Principals Name: Phone: Social Security #: Type of Business Sole Proprietorship Corporation Partnership Date Established
More informationSBA Lending - Introduction
SBA Lending - Introduction Facilitated by: Jim Kahler - Texans Credit Union Dale Donnell SBA Consulting, LLC Perry Espie US Small Business Administration American Recovery and Reinvestment Act 90% guaranty
More informationYour Logo Here Creative Ways to Finance Your Working Capital Needs. February 22, 2012 2/24/2012
Your Logo Here Creative Ways to Finance Your Working Capital Needs February 22, 2012 1 Trade Finance Tools Classic Trade Products: Letters Of Credit, Collections, Open Account Enhanced Trade Products:
More informationCopyright 2015, NAGGL, Inc. - Do Not Copy/Distribute 1
About this PowerPoint... These slides are provided as a reference for conference attendees While the conference breakout session covers the same topics, the live presentation is a lender-to-lender discussion
More informationARC LOAN PROGRAM. Office of Small Business & Entrepreneurship and SBA
ARC LOAN PROGRAM Office of Small Business & Entrepreneurship and SBA 1 Timeline June 8 th : Regulation, Procedural Guidance and Forms Released Week of June 8 th : Lender Training June 15 th : SBA Begins
More informationEngineering a Successful Non-SBA Finance Program
Engineering a Successful Non-SBA Finance Program Brian Colburn - Managing Director Butler Capital Franchise Finance Bob Rodi President Mt. Pleasant Capital Corp Is non-sba an Option for Your Franchisees?
More informationSection 1: Loan Characteristics
Home Flex Quick Reference: Program Summary The following is an outline of the underwriting and closing requirements of New Hampshire Housing Home Flex program, which is available to lenders who have signed
More informationCDA BLF LOAN APPLICATION
CDA BLF LOAN APPLICATION Name of of Business (Legal Name): Address: City, State, Zip: Business Phone // Fax: Federal Tax ID#: Principals Principal 1 Principal 2 Name: Address: City, State, Zip: Phone:
More informationSBA 504 Loan Program. Jobs, Communities
SBA 504 Loan Program Growing Small Businesses, Jobs, Communities What is 504? Economic Development Financing Tool Financesfixed assets for healthy, expanding businesses Low down payment to preserve cash
More informationGeorgia State Small Business Credit Initiative
GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS Georgia State Small Business Credit Initiative FINANCIAL INSTITUTION PRESENTATION SEPTEMBER 2014 September 2014 History & Background of State Small Business Credit
More informationwww.development.ohio.gov
Minority Business Development Division Joseph Brooks (614) 466-5065 joseph.brooks@development.ohio.gov www.development.ohio.gov The State of Ohio is an Equal Opportunity Employer and Provider of ADA Services
More informationVermont Employee Ownership Center. Sixth Annual Employee Ownership Conference. Financing an ESOP. Burlington, VT June 6, 2008
Vermont Employee Ownership Center Sixth Annual Employee Ownership Conference Financing an ESOP Burlington, VT June 6, 2008 Copyright 2008 by SES Advisors, Inc. All rights reserved. Program Agenda Basic
More informationSBA Programs to Help You Start & Grow Your Small Business
SBA Programs to Help You Start & Grow Your Small Business U.S. Small Business Administration 6501 Sylvan Road, Suite 100 Citrus Heights, CA 95610 916-735-1700 www.sba.gov 08?11 BUSINESS LOANS & THE SBA
More informationSBA L SBA endi ding Program Overview
SBA Lending Program Overview SBA Loans The U.S. Small Business Administration (SBA) offers numerous loan programs to assist small businesses. The SBA is primarily a guarantor of loans made by banks and
More informationSmall Business Administration
Financing the SBA Way Wayne Bell District Director Wichita District Office June 6, 2012 1 Agency History SBA What it is Federal Agency Created in 1953 Purpose To help potential and current small business
More informationKENDALL-GRUNDY COMMUNITY ACTION MICRO-LOAN PRELIMINARY APPLICATION
KENDALL-GRUNDY COMMUNITY ACTION MICRO-LOAN PRELIMINARY APPLICATION The Kendall-Grundy Department of Community Action has established the CSBG Micro-Loan Program to assist in financing micro-businesses
More informationBUSINESS LOAN APPLICATION
BUSINESS LOAN APPLICATION Thank you for your decision in obtaining a commercial loan from our business service division. Please complete the following information as accurately as possible so we may better
More informationMicroLOAN SOUTH DAKOTA Building South Dakota Communities POLICIES AND PROCEDURES
MicroLOAN SOUTH DAKOTA Building South Dakota Communities POLICIES AND PROCEDURES A PARTNERSHIP BETWEEEN THE REVOLVING ECONOMIC DEVELOPMENT INITIATIVE FUND, SOUTH DAKOTA DEVELOPMENT CORPORATION AND THE
More informationU.S. Small Business Administration
Financing Small Businesses 1 of 16 What is SBA s Mission? The (SBA) is an independent agency of the federal government established in 1953 to help start, build and grow small businesses in the United States.
More informationU.S. Small Business Administration (SBA) 504 Loan Assumption Application
U.S. Small Business Administration (SBA) 504 Loan Assumption Application Preferred Lending Partners, a 25-year old Colorado based company and part of the Denver Urban Economic Development Corporation,
More informationPart II: Understanding the Lender s Perspective Evaluation of the franchise Variables in decision making How to enhance the funding package
Financial Summit Part II: Understanding the Lender s Perspective Evaluation of the franchise Variables in decision making How to enhance the funding package Moderator: Brad Fishman, CFE, CEO, Fishman Public
More informationBUSINESS AND INDUSTRY (B&I) LOAN GUARANTEE
Rural Development Business & Cooperative Programs www.rurdev.usda.gov/ma Southern New England State Office 451 West Street, Suite 2 Amherst, MA 01002 Phone: 413-253-4300 Fax: 413-253-4347 Norwich Area
More informationSBA 504 Expanded Refinancing Eligibility
SBA 504 Expanded Refinancing Eligibility When is a commercial mortgage considered eligible for refinancing under the new rules? 1. The loan must have funded at least 2 years ago 2. 85% of the loan proceeds
More informationGrowing Your Loan Portfolio Through SBA Lending
Growing Your Loan Portfolio Through SBA Lending Presented By: U.S. Small Business Administration Tennessee District Office 2 International Plaza, Suite 500 Nashville, TN 37217 Today s SBA: Smart, Bold,
More informationTIME TO BUY. Small businesses that have ridden out the economic storm may. be well positioned to take advantage of a buyer s market for
October 2011 TIME TO BUY Your business is growing and you re tired of renting space. Here are the financing options you can consider for purchasing commercial property. Table of Contents Benefits of Ownership...2
More informationScreening Guideline for SBA-Guaranteed Acquisition Financing
Robert A. Heffner, President Rocky Mountain Capital LLC www.rockymountaincapital.com 269 West Front Street, Suite E Missoula, MT 59802 T 406 251 5861 F 888 251 8191 E rheffner@rockymountaincapital.com
More informationConsolidated balance sheet
Consolidated balance sheet Non current assets 31/12/2009 31/12/2008 (*) 01/01/2008 (*) Property, plant and equipment 1,352 1,350 1,144 Investment property 7 11 11 Fixed assets held under concessions 13,089
More informationUSDA Business & Industry (B&I) Guaranteed Loan Program
USDA Business & Industry (B&I) Guaranteed Loan Program B&I Program To Create And Maintain Employment And Improve Economic And Environmental Climate In Rural Communities Administered By The Rural Business
More informationU.S. SMALL BUSINESS ADMINISTRATION. Craig Jordan. Lead Lender Relations Specialist
U.S. SMALL BUSINESS ADMINISTRATION Craig Jordan Lead Lender Relations Specialist James Pipper International Trade Officer GUARANTEED LENDING PROGRAMS UPDATE U.S. Government Export Financing Programs How
More information2030 Districts. Project. Financing. Tookit. Small Business Association. Financing
2030 Districts Project Financing Tookit Small Business Association Financing Project Financing Toolkit Small Business Association Financing (SBA) The Small Business Association s (SBA) core programs offer
More informationUnderstanding Loans and Other Programs Available for Certified Minority Business Enterprises
Understanding Loans and Other Programs Available for Certified Minority Business Enterprises Presented by Allen McConnell, Manager Minority Business Development Division Slide 1 Access to Financial Assistance
More informationCommercial Real Estate. Financing Programs. The SBA Adv. www.sba.gov/ma. www.sba.gov. Programs and services to help you start, grow and succeed
Commercial Real Estate Programs and services to help you start, grow and succeed Financing Programs The SBA Adv /ma Programs and services to help you start, grow and succeed We are the SBA History: Part
More informationMinority Business Development Division Allen McConnell, Manger (614) 752-4833 Allen.McConnell@development.ohio.gov www.development.ohio.
Minority Business Development Division Allen McConnell, Manger (614) 752-4833 Allen.McConnell@development.ohio.gov www.development.ohio.gov The State of Ohio is an Equal Opportunity Employer and Provider
More informationWHO ARE WE? Experienced commercial lenders, all with many years working for commercial banks
WHO ARE WE? Experienced commercial lenders, all with many years working for commercial banks Professionals willing to talk to you about a business loan transaction before you ever have to fill out a piece
More informationCONTEMPORARY CREATIVE CAPITAL SOLUTIONS FOR TODAY S HEALTHCARE INDUSTRY.
CONTEMPORARY CREATIVE CAPITAL SOLUTIONS FOR TODAY S HEALTHCARE INDUSTRY. At Contemporary Healthcare Capital we believe that every financing scenario requires an in-depth understanding of current trends
More informationLENDING GUIDELINES AND TERM SHEETS FOR:
LENDING GUIDELINES AND TERM SHEETS FOR: THE OHIO AFFORDABLE HOUSING LOAN FUND THE OHIO PRESERVATION LOAN FUND THE OCFC PERMANENT LOAN PRODUCT For information, please contact:, 614.224.8446 (p) 614.224.8452
More informationSBA Business Loan Programs
SBA Business Loan Programs Horizon Certified Development Company Horizon Certified Development Company Incorporated in 1982 as Hamilton County Development Co., Inc. (HCDC) HCDC is a Certified Development
More informationCapital Solutions 504 Loan Application Checklist
Capitalsolutions@charter.net (205) 969-0133 Capital Solutions 504 Loan Application Checklist I. Loan Application Loan Application II. Business Financial Documents 3 Year Financial Statements 3 Year Federal
More information#1 Q: How are we assured that Zion's does not share their/our portfolio information with the competition?
Responses to On-Line Questions from SBA 504 Teleseminar #1 Q: How are we assured that Zion's does not share their/our portfolio information with the competition? A: We operate entirely independent from
More informationFinding and Financing Your Small Business. Hosted by Susan Strong 77
Finding and Financing Your Small Business Hosted by Susan Strong 77 Welcome! we will begin the webinar at the top of the hour Finding and Financing A Business... Find out the benefits and facts Agenda
More informationThe SBA 504 Certified Development Company Loan Program
The SBA 504 Certified Development Company Loan Program Presented by: Carolyn Engel Cynthia Esterling Great Lakes Asset Corporation Jason Monnett Today s Agenda 2 1. 504 Basics: Benefits, Eligibility &
More informationIpx!up!hfu!uif Dsfeju!zpv!Eftfswf
Ipx!up!hfu!uif Dsfeju!zpv!Eftfswf Credit is the lifeblood of South Louisiana business, especially for the smaller firm. It helps the small business owner get started, obtain equipment, build inventory,
More informationCommercial Real Estate Comparison Pricing Summary
Wells Fargo Bank, N.A. Small Business Administration Lending Commercial Real Estate Comparison Pricing Summary Prepared For: Darrin Boyd Property Address: 6809 Corporate Drive Indianpolis, IN As of Date:
More information2012 Economic Development Finance Service Conference Federal Program Update SBA
2012 Economic Development Finance Service Conference Federal Program Update SBA April 26, 2012 10:30-12:00pm SBA Programs Microloan Program Community Advantage Intermediary Lending Pilot Program 7(a) 504
More informationNOTE ON LOAN CAPITAL MARKETS
The structure and use of loan products Most businesses use one or more loan products. A company may have a syndicated loan, backstop, line of credit, standby letter of credit, bridge loan, mortgage, or
More informationEmerald Financial Commercial Funding COMMERCIAL LOAN APPLICATION
Emerald Financial Commercial Funding COMMERCIAL LOAN APPLICATION This checklist if provided to assist in gathering the necessary information needed for the initial evaluation of your loan request. Complete
More informationDEBT REFINANCE APPLICATIONS. How to Avoid Screenouts 2010 NADCO
DEBT REFINANCE APPLICATIONS How to Avoid Screenouts 2010 NADCO Topics to be Covered Why revisit debt refinancing Amount of debt that can be refinanced Debt refinancing requirements Documentation to be
More informationWONG GLOBEWIDE PROPERTY INVESTMENTS CORPORATION WGPIC. Commercial Loan Application. Need Help! Please call 213-618-6611 Ask for JC
WONG GLOBEWIDE PROPERTY INVESTMENTS CORPORATION WGPIC Commercial Loan Application Need Help! Please call 213-618-6611 Ask for JC Or Efax 866-612-9898 Or Email: Info@WGPIC.com (please answer all questionnaires
More informationSBA LOAN APPLICATION
SBA LOAN APPLICATION Please note that this application may not be submitted online at this time. Please contact: Robyn Drago Texas Capital Bank One Riverway, Suite 150 Houston, TX 77056 832-308-7039 robyn.drago@texascapitalbank.com
More informationAlternative Capital. Presentation by LakeView Leasing for the MBDA Webinar Series
Alternative Capital Presentation by LakeView Leasing for the MBDA Webinar Series Our Message Today we aim to: Educate MBDA Clients and affiliates about how businesses can use different types of alternative
More informationSCORE. Counselors to America s Small Business SMALL BUSINESS START-UP FINANCING OVERVIEW
SCORE Counselors to America s Small Business SMALL BUSINESS START-UP FINANCING OVERVIEW One key to a successful business start-up and expansion is your ability to obtain and secure appropriate financing.
More informationApplying for a Business Loan A Cardinal Bank Lender s View. Components of an Application Package
Applying for a Business Loan A Cardinal Bank Lender s View By James N. Estep, AVP, Business Lending Contents Loan Interview Expectations Types of Business Loans Preferred Business Attributes Components
More informationMISSION DRIVEN FINANCING OPTIONS
MISSION DRIVEN FINANCING OPTIONS WHO IS HAWAII COMMUNITY REINVESTMENT CORPORATION Hawaii Community Reinvestment Corporation (HCRC) is a community based non profit 501(c)3 organization founded in July 1990.
More informationFinancing your global business How SBA promotes access to capital for US exporters
Financing your global business How SBA promotes access to capital for US exporters Jeff Deiss US Small Business Administration Office of International Trade San Francisco, CA Financing for the exporter
More informationCHANGES HIGHLIGHTED IN SOP 50 10 5(H) (Effective 5/1/2015)
CHANGES HIGHLIGHTED IN SOP 50 10 5(H) (Effective 5/1/2015) [Copied directly from SOP major language changes highlighted. Changes in general order of importance. Material shown in quotes directly following
More informationLYON RURAL ELECTRIC COOPERATIVE ECONOMIC DEVELOPMENT REVOLVING LOAN FUND APPLICATION. Name of Business: Address: City: Business contact person:
LYON RURAL ELECTRIC COOPERATIVE ECONOMIC DEVELOPMENT REVOLVING LOAN FUND APPLICATION I. BASIC INFORMATION Name of Business: Address: City: Business contact person: Social Security #: Zip Code: (if business
More informationLISC Small Business Loan Fund
LISC Small Business Loan Fund P R E S E N T E D BY: K EN ROSENTHAL CDC S M A L L B U S I N E S S F I NA N C E Kevin Boes LISC N e w M a r ke t s S u p p o r t C o m p a ny LISC Small Business Loan Fund
More informationFinancial Resources Available to Poultry Producers
Financial Resources Available to Poultry Producers 2015 MN TURKEY GROWER S ANNUAL CONFERENCE PAULINE VAN NURDEN AG BUSINESS MANAGEMENT EDUCATOR 1 COLLABORATION IS KEY Work with your team to develop a plan
More informationHow Bankers Think. Build a sound financial base to support your company for future growth
How Bankers Think Build a sound financial base to support your company for future growth Presented by: Lisa Chapman Business Planning, Social Media Marketing & SEO 615-477-8412 Questions to Consider First
More information