Small Dollar Funding (SDF) Program I need this program. Submit my deal now!
Fact: all good commercial deals are not million dollar deals. It sometimes appears that it's easier to find commercial real estate loan programs that lend $2.5 million than one that can simply do a $250,000 project.
There are many great deals that require smaller dollar amounts. That's why we have a wonderful little loan program that specifically targets the smaller commercial properties. With our SDF program, loan funds may be used for purchase or refinancing. Acceptable property types include:
If you are seeking funding for the smaller size commercial properties or simply need a smaller amount of funding to complete your deal, then this program maybe perfect. Other features of the program include:
Minimum Loan Amount: $100,000 Maximum Loan Amount: $500,000
Loan Type: Conventional Loan-to-value: up to 75% max
Loan uses: Purchase/acquisition of new property or refinancing of currently owned property
Fixed and adjustable rates available
Term: Up to 25 years
Owner-occupied properties are acceptable
Loans are not non-recourse.
Prepayment penalty? Yes (usually through year 5)
Borrowers with marginal credit can be acceptable
Locations: Program available for properties in the U. S. and Canada.
Construction funding is not available via this program at this time. Gas stations, farmland, vacant lots do not qualify for this program.
For other questions regarding the program, please call or email us. Brokers welcome and protected. Ready to submit your deal? Click here.
Call 1.877.FUNDER-1 That's 1.877.386.3371 for Position One
Effective business funding begins at Position One