Commercial Loan Terms

Loan Amounts: $2.5M - $25M
Term Length: 9-24 months
Interest Rate: 9.99% to 11.99%
Loan-to-Value (LTV): Up to 85%
Loan-to-ARV: 65%
Loan-to-Cost (LTC): 100%
Origination Fee: 1%-2.5%
FICO: Minimum 600
Closing Time: 3-4 weeks
Recourse: Non-recourse or limited recourse available
Eligibility: Available for cash-flowing properties

1309 Coffeen Avenue STE 11112

Sheridan, Wyoming 82801

This is not a commitment to lend. All offers of credit are subject to due diligence, underwriting and approval. Not all borrowers will qualify and not all borrowers that qualify will receive the lowest rate or best terms. Actual rates and terms depend on a variety of factors and restrictions may apply. Black Book Lending, LLC reserves the right to amend rates and guidelines without notice.

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