SBA Lending

PROGRAM HIGHLIGHTS

• Complete financing*
• Fully amortized loans; no call dates
• 3 year prepay

Use of Funds

• Purchase, construction or renovation of commercial
• real estate for owner-users
• Purchase of equipment
• Working capital and inventory
• Business buy-outs and start-ups
• Financing for franchises
• Some refinancing of existing debt

Loan Amount

• Up to 5,000,000

Terms

• Up to 25 years, depending on use of funds and repayment ability

Interest Rate

• Call for current rate

Fee

• Vary based on loan size, guaranteed portion and qualification

Prequalification

• Prequalification service available at no cost to applicant

PROGRAM HIGHLIGHTS

• Long-term, below-market fixed rates
• Low down payment conserves working capital
• Option to finance soft costs
• Out-of-pocket fees minimized

Use of Funds

• Buy, build or renovate commercial and industrial real estate
• Buy and install heavy-duty equipment and machinery
• Cover related soft costs such as surveys and appraisals

Loan Amount

• Up to 5,000,000 on SBA's portion
• Up to 10,000,000 total loan request with bank's portion

Terms

• Up to 20 years on SBA's portion, depending on use of funds
• Up to 20 year amortization with 10 year call on bank's portion, depending on use of funds

Interest Rate

• Call for current rates

Fee

• Varies based on loan size

Prequalification

• Prequalification service available at no cost to applicant

CRE Acquisition/Construction/Improvement/Refinance

Loan Size

• Up to $5.0 million

Advance Rate

• Complete financing available*

Loan-to-Value

• General purpose, up to 90%
  

Term

• Up to 25 years, fully amortized*

Collateral

• First lien on assets financed

Guarantees

• Personal and corporate guarantees of all significant owner/principals

Prepayment Penalties

• Vary depending upon loan program

Rates/Fees

• Vary based on loan size, guaranteed portion and qualification

PROMOTE YOUR PROPERTY
with Convenient Marketing Resources

At BNC Bank we have designed a wide-array of services to help showcase your properties. Our committed SBA professionals will work with you step by step to market your property. We can create what you need to advertise your property from customized signage to co-branded marketing materials to financing scenarios.

ATTRACTIVE SIGNAGE

TO DRAW ATTENTION TO YOUR PROPERTY
Increase visibility on your properties with complimentary signage to show potential buyers that financing may be available with little money down.

CO-BRANDED MARKETING MATERIALS

BNC Bank has the resources you need to market your properties at no cost to the seller or broker! Professional printed flyers, mailers and handouts can all be co-branded with your logo, property and contact information.

PURCHASE SCENARIOS FOR POTENTIAL BUYERS

Make it easier for your customers with a proposed purchase scenario developed by BNC Bank's SBA Manager. This complimentary scenario will give potential buyers the opportunity to see estimated monthly payments, fees, closing costs as well as other requirements.

48-HOUR TURNAROUND ON PRE-QUALIFICATIONS**

BNC Bank can provide you with a proposal within two business days. We realize buyers need to know how much they qualify for when considering SBA financing. All loans are subject to formal approval upon receipt of a complete loan package. For more information on our services for Commercial Real Estate
Brokers and Developers please contact David White at 919.475.6452.

**Subject to SBA eligibility, credit review and approval. Depository relationship required. For business purpose loans only. Customer pays out-of-pocket expenses.