 Typically, small businesses use our loans to: Purchase a businessPurchase commercial real estate Construction and renovation Refinance debt Purchase machinery and equipment Business expansion Purchase a business Loan amount: $200,000 to $3,000,000 Interest rate: Variable and fixed rates available with full amortization (no balloon payments) Term: Up to 25 years Financing available: Up to 90% Recourse: Full guaranty from each owner of 20% or more Collateral: Commercial real estate, other business assets, or personal assets
Purchase commercial real estate
Loan amount: $250,000 to $3,000,000 Interest rate: Variable during construction/renovation period with interest only payments; once construction is completed, variable and fixed rates available with full amortization (no balloon payment) Term: Up to 25 years Financing available: Up to 90% Recourse: Full guaranty from each owner of 20% or more Collateral: Commercial real estate, other business assets, or personal assets Refinance debt Loan amount: $250,000 to $3,000,000 Interest rate: Variable and fixed rates available with full amortization (no balloon payments) Term: Up to 25 years Financing available: Up to 100% Recourse: Full guaranty from each owner of 20% or more Collateral: Commercial real estate, other business assets, or personal assets Purchase machinery and equipment Loan amount: $250,000 to $1,250,000 Interest rate: Variable rate with full amortization (no balloon payment) Term: Up to 15 years Financing available: Up to 90% Recourse: Full guaranty from each owner of 20% or more Collateral: First lien on assets being financed, commercial real estate, other business assets or personal assets Business expansion Loan amount: $250,000 to $3,000,000 Interest rate: Variable and fixed rates available with full amortization (no balloon payments) Term: Up to 25 years Financing available: Up to 90% Recourse: Full guaranty from each owner of 20% or more Collateral: Commercial real estate, other business assets, or personal assets |
Contact WPI Financial Services 1-877-974-6678
