MCB Capital offers a wide variety of Business and Commercial Real Estate Loan Programs. We work with Small Business Owners as well as Larger Companies seeking Debt Financing.
MCB Capital Loan Programs
This is a summary of our current Commercial Loan Programs. It is not all inclusive. For more detailed information on a particular Loan Program please Contact Us.
SBA 7(a) Loans are available through MCB Capital from $350,000 to $5,000,000
Some Benefits of the SBA 7(a) Loan include:
- Long repayment terms – reducing monthly payments
- Frees up cash to expand your business
- Low down payment of as little as 10% on multi-purpose real estate acquisitions and as little as 15% on single-purpose real estate acquisitions
- Financing available for most industry types including: hotel/motels, gas station/convenience stores, restaurants, assisted living facilities, and day cares to name a few
SBA 504 Loans available through MCB Capital for up to $15,000,000
Some Benefits of the 504 Loan include:
Acceptable Use of Proceeds on a USDA B&I Loan:
- B&I Loans may involve acquisitions, construction, conversion, repair, modernization or debt refinance
- Loan proceeds can be used for real estate acquisition and/or improvements, machinery, equipment, furniture, fixtures and working capital
- Closing costs and guarantee fee
MCB Capital is pleased to now be able to consider Construction Loans under the following criteria:
- Maximum Loan Amount is $5 Million on SBA 7(a) Loans and $15 Million on SBA 504 Loans
- Maximum Loan to Value is 75% – typically you must have a minimum 30% verifiable capital injection into the project
- Must have outside income from other properties
- Must have SBA full eligibility – no open SBA Loans
- Must have good liquidity
- Must have good experience as owner/operator
Typical Loan Fees:
- 1 to 1.5% Construction Loan Fee – paid to Bank
- 1.5% Commercial Loan Fee – paid to MCB Capital
- SBA Guaranty Fees Apply
- Third Party Reports
- MCB Capital Processing Fee
- Bank must approve Contractor
- Contractor must have a Payment and Performance Bond for the Project
- Additional conditions may apply upon Bank reviewing complete package
MCB Capital has formed Business Relationships with 2 – 3 Reputable Bridge Lenders to better assist our Clients.
Below are one of our Lending Partners terms which are not all inclusive.
As low as 8.5%
$1 Million Minimum
$25 Million Maximum with exceptions on a case by case basis
Purchase, Refinance, Refinance with cash-out
2 & 3 Year Terms available
Leverage / Loan to Value:
Up to 75% of Actual Cost
Minimum FICO Score:
Varies on a case by case basis
Available on Case by Case basis
Usually 6-12 Months Interest guaranteed
Interest Only Payments
Multifamily, Office, Retail, Industrial, Self Storage, Credit Tenants, Mixed Use
MCB Capital may be able to assist with additional Property Types through a different Investor on a Case by Case basis
Origination & Application Fee(s):
MCB Capital has a 1 – 3% Commercial Loan Fee which will be disclosed after review of a Loan Package.
Lender has a $1500 Application Fee + Appraisal & any other Third Party Reports that may be required
Lender has a 1% Origination Fee
Lender also offers an Express Underwriting Fee of $5000 when time is crucial
Conventional Loans have been hard to obtain in the last several years.
MCB Capital is able to offer some Conventional Financing from $500,000 to $8 Million, however these loans are not available in all States and are available on Select Property Types only.
Additionally Loan to Values are usually maxed out at 65% with exceptions up to 75% on a case by case basis on certain property types.