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For general and
specific inquiries, complete our On-Line Form
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| Small Business loans are offered through Great Eastern
Investments, LLC's correspondent agreement with an authorized Small Business
Administration Preferred Lender. These loans are available for real estate
purchase, business acquisition, business expansion, leasehold improvements,
debt refinance, business start-up, and real estate construction. |
 Property Type: |
All owner occupied real estate property types which will qualify for
financing under the Small Business Administration financing, SBA 7(a) and SBA
504 Loan Programs, including child care centers, franchises, gas stations,
hotels, motels, manufacturing plants, medical offices, nursing homes,
restaurants, and other similar real estate properties. |
| Loan Security: |
First fee mortgages encumbering completed projects along with customary
assignments and pledges. |
| Loan Amount: |
$500,000 to $3,000,000 per borrower. |
| Term: |
Up to Twenty-five (25) Years |
| Amortization: |
Full Amortization with the term. |
| Maximum LTV: |
Up to 100% |
| Minimum DSCR: |
Varies based upon the property type. |
| Recourse: |
Full Recourse to all principals is required. |
| Prepayment Penalty: |
None. |
| Other Conditions: |
Standard Terms and Conditions also apply |
| Interest Rates: |
Competitive Rates tied to either Prime or Treasuries are available. |
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ALL terms are subject to change.
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