SCS CAPITAL GROUP,LLC
Commercial Small Loan Program
"Bank Alternative Financing"
Preferred Product Type: Office, Medical Office, Warehouse, Retail, Convieance Stores, Resturaunts, Owner Occupied Real Estate
Location: Urban/Suburban Areas with Population > 50k
Loan Amount: $500,000 to $4,000,000 (Higher Amounts Case by Case)
Maximum Loan Maturity: 20 Years 25 Years on Exception
Rate Program: Quarterly or 90 Day LIBOR Floating 1, 3, 5 or 10 Year Fixed
Rate Lock: 30 Day Free
Minimum Prepayment Penalty: Declining 5% Years 1 – 5 (Other Options Available)
Lender Origination Fee: 1%
Minimum DSC: 1.40x Maximum LTV: 65%
Minimum Personal Credit: 675 with no prior bankruptcy Full Recourse Required
Minimum Equity Injection: 20%
Management Experience: Previous Ownership Required
Closing: 30 to 45 Days
Assumable: 1% Fee and Lender Approval
Subordinate Financing: Allowed Up to 15% of LTC/LTV Whichever is Less
Principal Reduction: Up to 20% Per Year without Penalty
Collateral First Lien Position: Real Property except in AL, AR, FL, GA, IN, LA, MA,
ME, MI, MS, NJ, NV, OK & OH
Please contact us with any questions or if you are interested in submitting a project.
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