We work with two sources for business loans. Here are the criteria:

Source One

1. Loan size: From $25,000 up to $10 million.
2. Loans are to be used only for business purposes.
3. Loans are to be backed by commercial and/or residential property.
4. Loans are interest only.
5. Terms are up to 2 years.
6. Approvals are generally received within 48 hours. Some may take longer.
7. Rates are dependent upon the situation, but look for 15% to 18%.
8. Location is restricted to the Western states, especially Oregon, Washington, California, Idaho, Nevada and Arizona. Others will be considered on a case by case basis.

I have worked directly with this firm for over twelve years and have found them excellent in all respects.

Source Two

1. Loan Size: From $1 Million to $300 Million. Must be at least $3 Million for international loans.
2. Loans are made for business purposes only. Personal guarantees are often required.
3. Collateral: Real estate and other fixed assets.
4. Loans are based on an LTV up to 50-70% of the "quick sale value" – defined as the expected sale price if sold within three to four months. If the loan is used for renovation or construction, the loan amount can be based on the improved value, and would be disbursed in stages.
5. Rates vary from 12-18%, interest only, depending on collateral and loan structure. Rates for international loans may be higher.
6. In lieu of equity, a fee of 5-10% may be paid.
7. One to five years, typically. No prepayment penalty.
8. Location: World wide.
9. Depending on your situation, these loans can be closed within a few weeks.

Email us for further information regarding loans. However, if you're not seeking a loan, but would like an equity partner, look here.