Peachtree Mortgage^® Commercial Capital

Conventional & SBA
Owner Occupied Program

Peachtree Mortgage® Commercial Capital Group provides fixed and floating rate loans for Owner Occupied properties:

·          Loan Purpose: Real estate purchase, business acquisition, business expansion, construction, recapitalization, refinance, partner buyout, start-ups, turn-arounds, working capital inventory, machinery and equipment.

·          Target Businesses: Hotel/Motel, Gas Stations, Daycares, Restaurants, Car Washes, [Bowling Alley’s (must reduce your payment 25% or more)], Special Purpose and other owner occupied properties.

·          Loan Amount: Refinances up to $4,000,000.  Acquisitions and Construction up to $7,000,000

·          Interest Rate: Fixed and variable rates ranging from Prime minus .85% to Prime plus 2.75% with most deals around Prime plus 1.00%.  Rate can be fixed for 1, 3, 5 or 10 years.  Rate is contingent upon factors listed below:

·          Creditworthiness

·          Collateral

·          Cash Flow

·          Management Experience

·          Equity Injection
 

·          Loan to Value: Up to 90%

·          Collateral: Mortgage on business real estate, and/or UCC filings on machinery and equipment.

·          Loan Term: Up to 25 years, fully amortizing

Required Documentation for Initial Loan Submission:

·          Digital photos of property

·          3 years tax returns

·          Current Profit & Loss Statement

·          Management experience resume’

·          Current mortgage loan statement

·          Salient property facts