Conventional Financing

Conventional financing consists of fixed or variable rate financing options. Below are some of the popular conventional loans we offer:

Term Loan

  • To purchase inventory, equipment or other large-ticket items that your business needs to grow

  • Principal and interest payment due monthly

  • Typical term of 7 to 10 years for larger capital purchases

Commercial Real Estate Mortgages

  • To purchase, refinance, or improve owner-occupied, commercial and/or investment properties

  • Secured by real estate

  • 5-year term with up to 15-year amortization or straight 25-year term (no balloon)

Factoring

  • Obtain up to 90% of your eligible A/R (instead of waiting 30 to 90 days to be paid)

  • More efficient cash control — quick access to working capital needed for daily operations

  • Factoring charges are offset by reductions in administrative costs

  • Improve your balance sheet ratios — it is not a loan

  • Fund expansion and growth

  • No long-term contracts

Home Equity

  • Home equity term loans allow you to utilize the equity in your home as collateral

  • Convenient, one-time lump sum loan

  • Ideal for financing start-ups, expansions, or business acquisitions

  • Home equity line of credit (HELOC) is a revolving line of credit in which your home serves as collateral

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Provident Business Brokers, Houston, Texas