CONVENTIONAL LOAN
Small Balance Commercial
Harvest Commercial Capital offers conventional (non-SBA) owner-user financing, nationwide. Offering a conventional product allows Harvest to participate and fund commercial real estate projects that fall outside of the SBA lending requirements. By offering this creative product, we can capture a large group of small businesses that either don’t qualify for SBA financing, or don't fit a traditional bank's credit standards.
Program Highlights
Eligible Property Types
Ineligible Property Types
Harvest Commercial Capital offers conventional (non-SBA) owner-user financing, nationwide. Offering a conventional product allows Harvest to participate and fund commercial real estate projects that fall outside of the SBA lending requirements. By offering this creative product, we can capture a large group of small businesses that either don’t qualify for SBA financing, or don't fit a traditional bank's credit standards.
Program Highlights
- Up to $5mm in CRE financing
- Up to 65% LTV
- Down to 20% owner occupancy requirements (vs. 51% with SBA)
- Global Cash Flow of 1:15:1.00
- Tenant Income considered to improve DSCR
- Fico Scores down to 600
- Cash out OK!
Eligible Property Types
- Office, Industrial, Retail
- Special Purpose Properties- Flagged Hotels, education, day-care, restaurants, self-storage, auto repair and dealership properties
Ineligible Property Types
- Gas Stations
- Car Washes
- Assisted Living
- Raw Land
- Rural Properties (less than 100,000 MSA)
- Ground Up Construction