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Good Morning,

Below is a recent subprime SBA loan closing for a dog kennel set on almost 5 acres located in rural California. 
We provided a $1,205,000, 167% LTV loan which included about $300K of working capital and consolidated $900K of debt. The property housed the borrower's business and primary residence. Monthly business debt was reduced from roughly $14K to $9K. The final rate was 8.25% and was amortized over 25 years. 
We're the only company offering subprime SBA loans for borrowers with credit down to 550, unique businesses or property, no or limited hard collateral or other financing barriers.

I look forward to hearing from you or feel free to apply here (it takes only a few minutes and it won't affect your credit).

You can also register as a referral partner and earn up to a 2% referral fee for each funded referral.

Best, 

Matt Naughton
SVP, Business Lending
South End Capital Corporation
P: (617) 334-7703

matt@southendcapital.com
www.southendcapital.com



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NOTICE: The information in this transmission may contain privileged and confidential information. It is intended only for the use of the person (s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or duplication of this communication is strictly prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message. This email is not a solicitation of investment funds or a securities offering and the content in this email is for informational and educational purposes only. This email is not a commitment to lend or a guarantee of financing in any way.

Copyright © 2019 South End Capital a division of Stearns Bank, N.A., All rights reserved.


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