Commercial FLEX Program
Excelsior's innovative product - permanent commercial financing! Competitive rates with Excelsior's speed and flexibility!
Excelsior offers conventional and SBA loans to commercial borrowers all over the West coast. Whether the loan is a bank turndown or simply needs to fund faster than a traditional institution can handle, we have the program to get the job done. Our FLEX program's loan amounts range from $200K to $4MM, with loan terms up to 25 years. Simply put, our flexibility provides value to almost any commercial borrower!
When the bank says "no" or is too slow, give Excelsior a go!
Here are some highlights of the FLEX program:
Conventional Commercial Loans
| Property Types: |
Multi-purpose, special-use, owner-occupied and investment properties |
| Loan to Value: |
65% LTV (60% on special-use) |
| Terms: |
20-25 years fully amortized |
| Loan Amounts: |
$200K to $4MM ($3MM on special-use) |
| Minimum DSC: |
1.20x to 1.25x depending on property type |
| Minimum Credit: |
650 - no bankruptcy |
SBA 504 Commercial Loans Available
As a mortgage lender, we make the decisions and fund rapidly with our own money. This means less stringent guidelines and no lengthy approval process.
For more information on FLEX guidelines and submission requirements, call us today at 866.645.3400 or click on our Downloads page to view or print a copy.
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