Popular Small Business Capital

Jim FreySBA Lender Popular Small Business Capital 724.238.9799 phone - 724.238.4822 fax - 724.454.7837 cell .(JavaScript must be enabled to view this email address) This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Who am I? • Primarily I value relationships – building your trust, doing what I say I can, saying no when needed, helping borrowers understand ….. • I am a SBA Lender directly working for a $44 Billion National Bank – I am not a broker or middleman. In addition to SBA Loans, I can also provide some conventional Commercial Real Estate options. • I have done over $36 million in SBA Loans. While I can do any SBA loan, I specialize in Franchise loans across the US. • I am a former business owner (wholesaler). • 70% - 90% financing available depending on the project • Start up / Expansion / refit loans available / Acquisitions / Refinance • Proceeds for fees, inventory, real estate, leaseholds, equipment, and working capital can be included in the project cost • Little or No Loan to Value (LTV) requirements

Who is Popular Small Business Capital, a division of Banco Popular North America?

Popular Small Business Capital, is a division of Banco Popular North America, a wholey owned subsidiary of Popular, Inc., with more than $44 billion in assets and is ranked among the country’s 30 largest bank holding companies. Banco Popular North America operates 137 branches in California, Texas, Illinois, New York, New Jersey and Florida.

Popular Small Business Capital,a division of Banco Popular North America ranks among the top 5 (#4) Small Business Administration lenders in the country. Banco Popular was founded 112 years ago.

For more information or to discuss a particular deal contact your local Business Development Officer:

Business Acquisition: • Up to $2 million loan - 100% Goodwill • 80% financing for new buyers (10% seller note on standby) • 90% financing on real estate component • Up to 90% financing available on franchise acquisitions • Equity injection can come from HELOC if covered by cash flow • 100% financing partnership buy-outs • 10 year term, more if real estate is in the deal • Working capital available • Can include new equipment • Positive trends, no significant concentrations • New buyer must have direct or related experience

Commercial Real Estate Features: • Up to 90% financing • Including: property improvements, equipment, working capital and closing costs • Up to 25 year terms on real estate • SBA 7a and 504 Loans - fully amortizing, no balloon

Franchise Financing: • Start-ups, existing units, expansions, acquisitions • 80% -85% financing of total project cost • Flexible collateral requirements • Working capital available

Expansion Loans: • Working capital, equipment, leasehold improvements • Must be in business for at least one year • No equity injection required

Start-ups (Non-Franchise): • 30% cash equity injection required • Restaurants require at least 50% hard collateral coverage

Refinances: • No equity injection required • Must save at least 20% on current debt service

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