Alliance Business Capital offers fixed rate permanent loans to $20 million for multifamily, office, retail mixed use, self-storage, industrial and select other property types as a Commercial Loan Intermediary.
Please review the below general guidelines for more information.
Conventional Fixed Rate Loan Program Guidelines
|Eligible Property Types:||Office, Retail, Multifamily, Self-Storage and Industrial|
|Rates:||Competitive rates priced off of SWAP's|
|Loan Size:||$750,000 to $20,000,000|
|Loan Purpose:||Refinance, Cash-out & Acquistion|
|Terms:||Loan terms for 2 to 10 years
Other terms available on a case-by-case basis
Exceptions to 80% in select markets
|Recourse:||Non-recourse with standard carveouts|
Can offer yield maintenance, step-down and up to 20% UPB
|Debt Service Coverage:||As low as 1.20x|
|Amortization:||Up to 30 year amortization
Interest only available
|Origination Fee:||1 to 3%|