Although COVID led to the shutdown of many small businesses, those who have survived the uncertain times are in a great position to expand their business and set them selves up for future success. Newtek's term loan program is perfect for clients who may be interested in expanding their business or looking to purchase commercial real estate.
With work from home being the new norm in many areas across the country, commercial real estate prices are at historic lows. Also, businesses who have been fortunate enough to make it through the pandemic may face cash flow issues while returning to normal operations.
A term loan from Newtek can be the solution!
A term loan with Newtek offers:
- Loans from $50,000 - $15M
- 7 – 25-year terms and amortizations
- Limited to no prepayment penalties
- No restrictive loan covenants
Helping clients with their capital needs can lead to stronger relationships, incremental new assets under management, and new client referrals.
If you would like to discuss ideas to help position Newtek with your financial advisors or high profile clients, please do not hesitate to contact me. I'm also happy to talk with you about any referrals submitted to NewTracker.
Regards,
Tom |
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