Hi [name],
Newtek expands its business lending platform to conventional loans – providing up to $15 million in financing.
As a reminder, through Morgan Stanley’s/UBS’s strategic relationship with Newtek, you can deliver a proven business financing resource for the following needs, and more:
- Buy/Build/Refinance Owner Occupied Commercial Real Estate
- Refinance existing business debt (10 to 25-year amortizing loan)
- Acquire a business
- Working Capital
- Expand/Acquire a Business
- Buy Out a Partner/Shareholder
- Purchase Inventory/Equipment
The list of industries we lend to is extensive. Here are just a few recently closed loans:
Food Product Manufacturer - $11.3 Million Conventional Loan
- Acquisition and construction financing
- Fully amortizing permanent loan term
- 25-year fixed interest rate
Fashion Boutique - $10 Million Conventional Loan
- Fund to refinance a high-end retail building plus working capital
- Extension of amortization to 360 months to reduce monthly payment obligation
- 10-year fixed interest rate
Manufacturer and Distributor of Shipping Cartons & Supplies - $5,000,000
- Refinanced existing debt and provided working capital for new orders
- Additional funds allocated to acquire the 50% interest in its HQ building that it did not own
- 25-year loan with no early balloons cut monthly payments on existing debt by more than 50%
Electrical Services Contractor - $1,810,000
- Refinanced high rate equipment leases and extend term to lower payments
- 10-year term loan included all closing costs to deliver borrower maximum proceeds
Dental Practice - $100,000
- Working capital to increase advertising and smooth out cash flow
- Newtek provided a 10-year term loan with no loan covenants
Please reach out to me with any questions or to discuss any specific opportunities you might have.
[RVP Name]
[RVP contact info]