Commercial Loan Terms
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.