Commercial & Industrial Loans

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Funded in October 2019
- Financing Required: $1,000,000 Line of Credit
 
- Purpose: Short-term working capital
- Business: Wholesale of General Toys
- Target Rate: Variable Interest Rate WSJ P + 1.00%
Highlights
- Increasing trend of revenues over the last 3 years
- Business is expanding online sales and in needs of more inventories
- Additional collateral (2nd T/D on the guarantor's house)
Funded in Sept 2018
- Financing Required: $300,000
 
- Purpose: Working Capital (Purchase of Inventory)
- Business: Export of General Merchandise
- Target Rate: Variable Interest Rate WSJ P + 2.00%
Highlights
- Increasing trend of revenues over the last 3 years
- Business is expanding online sales and in needs of more inventories
- Guarantor's experience 15 years
Funded in May 2018
- Financing Required: $1,000,000 Line of Credit
 
- Purpose: Short-term working capital
- Business: Wholesale of auto parts 
- Target Rate: Variable Interest Rate WSJ P + 1.50%
Highlights
- Stable sales for the past 5 years
- Business is expanding online sales and in needs of more inventories
- 30 years in the industry
- Additional hard collateral (warehouse)
Funded in July 2018
- Financing Required: $3,500,000
 
- Purpose: Term out the existing line of credit (Ever green status)
- Business: Women's Clothing Manufacturer
- Target Rate: Variable Interest Rate WSJ P + 1.50%
Highlights
- Increasing trend of revenue, resulting in more capital
- On-line sale has substantially grown over the years
- Excellent cash flow
- Guarantor's ample net worth and liquidity
Funded in May 2018
- Financing Required: $350,000
 
- Purpose: Refinance of the existing owner carry note
- Independent Insurance Brokerage Firm
- Target Rate: Variable Interest Rate WSJ P + 1.50%
Highlights
- Owner has over 20 years experience in the insurance industry.
- Solid customer base that generates stable income
- Satisfactory cash flow from the subject business
- Additional hard collateral