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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 Loans

 

 

 

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 7(a) Loans Explained Video

SBA Loans

 

 

 

SBA 504 Loans available through MCB Capital for up to $15,000,000

Some Benefits of the 504 Loan include:

  • Low down payment of only 10%
  • Long repayment terms – reducing monthly payments
  • Frees up cash flow to expand your business
  • Many rate options including long term fixed rates
  • Associated fees and soft costs may be financed in the loan
SBA 504 Loans Explained – Video

USDA Loans

 

 

 

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

SBA Loans

 

 

 

MCB Capital is pleased to now be able to consider Construction Loans under the following criteria:

Basic 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

Other Criteria:

  • Bank must approve Contractor
  • Contractor must have a Payment and Performance Bond for the Project
  • Additional conditions may apply upon Bank reviewing complete package

Bridge Loans

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.

Rates:
As low as 8.5%

Loan Size:
$1 Million Minimum
$25 Million Maximum with exceptions on a case by case basis

Acceptable Uses:
Purchase, Refinance, Refinance with cash-out

Terms:
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

Non-Recourse:
Available on Case by Case basis

Prepayment Penalty:
Usually 6-12 Months Interest guaranteed

Debt Service:
N/A

Amortization:
Interest Only Payments

Property Types:
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

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.

Questions or Comments


Your Business is very important to MCB Capital. If you have any questions about our Commercial Loan Programs please do not hesitate to Contact Us.

Contact MCB Capital