Commercial loans for real estate, vehicles, equipment, and medical practices
SBA 7A and SBA Equipment loans
Medical facilities, veterinarians, and dental offices!
The SBA is very-well known for helping entrepreneurs and existing businesses to start or expand current operation and can borrower $350k-$5 million. Through the SBA, borrowers can get up to an 85% guarantee on their loan with the SBA 7A loan guarantee program.
While bank lending policies vary amongst others, they will determine what the rest of the loan request eligibility amount will be. That said, it is important that you, the business owner / corporate executive, have all your paperwork filled out correctly, your loan package is complete, and you are prepared to move forward.
Here are some SBA eligible opportunities we accept
- Professional
- Medical
- Dental
- Veterinarian
- Assisted Living Facilities
- Adult Care
- Equipment
- Working Capital
- Business Financing
- Funeral Homes
- Ambulatory transportation operation
- Day Care
Let’s get started! Call us at 877-517-5777 or click the link below!
Equipment loans from $10,000 to $5,000,000
Financing for medical machines, and other equipment.
When you need equipment financing, look no further!
Mélange Medical has available highly competitive equipment financing for companies who work within the medical industry
Here are our general equipment loan guidelines
- Nationwide lending in ALL 50 STATES
- B2B lending only – 2 years in business required.
- Quick Approvals – Same day in most cases!
- Funding can occur the same day – in most cases!
- Loan amounts $10,000 – $5,000,000
- 100% financing on equipment purchases; 80% on start-ups
- 700 minimum credit score
- 60 months of financing available
- Most equipment types are eligible
- Medical vehicles are accepted, including hearses.
- Trucking equipment, IE: Medical Waste, Medical Laundry
- Heavy Equipment, Construction equipment
- Planes, helicopters, boats, specialty equipment.
- Custom payment structures available
- Flexible Financing rates starting in the 4% range
- 3 months bank statement
- No aesthetics
Let’s get started! Call us at 877-517-5777 or click the link below!
HUD Loans for 55+ multifamily, senior care, and hospitals
Understanding FHA Programs
- FHA 221(d)(4) FHA-insured, long-term, fixed-rate financing for new construction or substantial rehabilitation of multifamily projects nationwide.
- FHA 223 (a)(7) – FHA streamlines refinancing of existing FHA-insured multifamily and healthcare loans nationwide.
- FHA 223(f) – FHA-insured, long-term, fixed-rate financing for refinance, acquisition, or moderate renovation of multifamily projects nationwide.
- FHA 232 – FHA-insured, long-term, fixed-rate financing for new construction or substantial rehabilitation of assisted living, congregate care, and nursing home facilities nationwide.
- FHA 241(a) – Designed to finance repairs, additions and improvements to multifamily properties and healthcare facilities with existing FHA-insured first mortgages.
The FHA / HUD minimum loan program starts at $2,000,000.
Let’s get started! Call us at 877-517-5777 or click the link below!
Commercial Real Estate Loans
Our traditional commercial loan programs allow medical professional to purchase commercial real estate by accessing special financing and regular commercial mortgage loans.
Mélange Medical credit borrowers in order to complete various projects that may include: acquisition, recapitalization and or real estate development. Our secondary loan products assist with working capital and small business ventures. Our financial loans begin at $100,000, with a maximum ceiling is $10,000,000. Credit score must be 650+
Commercial Real Estate properties matrix:
- Commercial real estate
- Non-owner-occupied properties
- Investment Properties 1-4 Units, including fix-n-flip, buy & hold
- Apartment Buildings
- Mixed-Use Building
- Retail/Office
- Warehouse / Office Building
- Funeral Homes
- Automotive
- Hotel / Motel
- Salons
- Multifamily purchases
Let’s get started! Call us at 877-517-5777 or click the link below!
6 C's of Lending
In Commercial Lending, bankers from around the world use the 6 C’s of commercial mortgage lending to help in determining the eligibility of commercial loan application packages.
The 6 C's of commercial lending are:
- Capital: Company’s capitalization, reserves, statement, net worth, etc.
- Capacity: Borrowers should demonstrate the ability to repay the loan.
- Cash flow: Borrowers should show a debt-service-coverage ratio of at least 1.20 and above.
- Character: Borrower’s character, integrity, and professionalism.
- Condition: Business analysis and valuation, along with feasibility study of competition and the marketplace.
- Collateral: Borrowers should provide a strong collateral consideration and other securities.
Loan documentation should include the following:
Borrowers should have the following documentation if applicable:
- The project’s executive summary and history,
- Financial statements of the borrower and the business,
- Schedules of real estate owned.
- A summary page of any recent appraisals,
- Details of paid-to-date costs and costs to complete.
- Pro forma cash flow.
- Other documents may be required as well.
Depending on your application, these documents will slightly vary, which
your loan officer will go over with you. Select the Loan Contact Form button below or call us at 877-517-5777