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Loan Terms
People’s Choice will tailor every loan to meet our client’s needs.
Commercial Loan Solutions
- Loan amount: $500,000.00 to $500,000,000.00
- Term: 12 Months to 36 Months
- Interest Rate: 9.0% to 17.99% (varies base on property and project risk)
- Collateral: Commercial Real Estate Only
- Maximum Loan to Value: 70% as is value (based on property type and project) 50% (Land)
- Equity Requirement: Negotiable
- Pre Payment Penalty: Most cases none
- Points: Varies based on property types and project risk
- Commitments: We can obtain a written commitment is as little as 24hrs
- Funding: We can obtain funding in as little as 7 days
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