Net Commercial Loans, LLc
Commercial Financing Made Simple
| Loan Amounts: | $500,000 to $15,000,000 |
| Loan Amortization: | Interest only |
| Loan Term: | 9 - 15 months |
| Interest Rate: |
1 - 1.5% over prime adjustable |
| Loan To Value: | 75% of finished value / 85% of cost |
| Personal Recourse: | Required |
| Up-Front Fees: | Out of pocket expenses only. |
| Third Party Reports: | Standard appraisals; Environmental transaction screen report; other third party reports may be required when indicated by collateral inspection and review of environmental report. |
| Fund Contract Fee: | Varies, but not more than .375% of hard costs. |
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Terms and rates subject to change without notice. Product parameters may vary depending on geographic region. Please contact us for details.
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