Business Financial Services

$25,000 to $100,000,000

BLACKFACE BUSINESS SERVICES NETWORK offers a diverse mix of commercial real estate loans to meet the individual borrowing needs and investment objectives of its borrowers, for both investment and owner-occupied commercial properties.

Our knowledge and depth of expertise maximizes efficiency and becomes your advantage.

Program Details::

• Up to 80% Financing
• Flexible debt-to-income (DTI) underwriting approach
• Rates as low as 6.5%
• Fixed and variable rate programs
• Refinance- cash out
• Quick Closings- 30 to 45 day closings

Property Types

• Multifamily
• Mixed Use
• Flagged Hospitality
• Industrial
• Mobile Home Parks
• Self-Storage
• Retail
• Warehouse
• Gas Stations
• Restaurant
• Unflagged Hospitality
• Health Care
• Funeral Home
• High Rise Office Buildings offers a diverse mix of commercial real estate loans to meet the individual borrowing needs and investment objectives of its borrowers, for both investment and owner-occupied commercial properties.
  Our knowledge and depth of expertise maximizes efficiency and becomes your advantage.

Program Details:

• Up to 80% Financing
• Flexible debt-to-income (DTI) underwriting approach
• Rates as low as 6.5%
• Fixed and variable rate programs
• Refinance- cash out
• Quick Closings- 30 to 45 day closings

Property Types

• Multifamily
• Mixed Use
• Flagged Hospitality
• Industrial
• Mobile Home Parks
• Self-Storage
• Retail
• Warehouse
• Gas Stations
• Restaurant
• Unflagged Hospitality
• Health Care
• Funeral Home
• High Rise Office Buildings

The Small Business Loan Program at BLACKFACE BUSINESS SERVICES NETWORK is an excellent source of financing for most businesses.
BLACKFACE has been designated as a Preferred Financial services company by Perferred SBA lenders to have loans processed more quickly and efficiently. This designation means that the SBA has delegated the approval process to our lenders, which means fast and efficient processing of your SBA loan.

COMMERCIAL/INDUSTRIAL REAL-ESTATE FINANCING

Purchase – Build – Refinance – Renovate – Owner-occupied

• Non-conforming properties
• Single-purpose buildings
• Gas stations
• Restaurants
• Repair Shops
• Auto Dealerships
• Hotels and motels
• Convalescent hospitals
• Veterinary

EXISTING BUSINESS ACQUISITION LOANS

• Your company’s cash flow & management capabilities are our primary indicators
• Up to $1.25 million a year
• Up to 15-year term
• Up to 80% financing
• Loans fully amortized, no balloons
• No pre-payment penalty
• 48 hour pre-qualification

EQUIPMENT FINANCING

• Commercial printing and binding
• Machine tools
• Manufacturing Equipment
• Heavy Equipment
• Trucking
• Medical Equipment
• Laundry/dry cleaning
• Diagnostic Equipment

LOANS UP TO $5 MILLION

• No cost pre-qualification letters
• Competitive rates and flexible terms
• No pre-payment penalties
• Up to 90% financing
• Up to 25-year terms
• Fully amortized
• Fixed and variable rate options on both 7a and 504 programs

7(a) Loan Program

We specialize in providing long-term permanent financing to small businesses. Our loans, including the 7(a) Loan Program, are made through the Small Business Administration (SBA) guaranteed loan programs. Eligible Businesses and Property Types Almost any type of for-profit business is eligible for financing. Commercial real-estate must be partially occupied by borrower and includes, but is not limited to, the following types of properties:

• Office Buildings
• Warehouses
• Industrial Buildings
• Manufacturing
• Child Care Facilities
• Car Wash Facilities
• Automotive Repair
• Shops
• Professional Buildings
• Hotels and Motels
• Restaurants
• Gas Stations
• Bed and Breakfasts
• Franchises
• Start-ups
• Single-Use Buildings

Eligibility based on SBA size standards. Typically, retail businesses with annual sales of less than $6,000,000, manufacturing business with less than 500 employees, and service businesses with less than 100 employees. Eligible businesses include those in retail, manufacturing, and services industries.

Use of Proceeds

• Real-estate acquisition, construction, or refinance – up to 90% financing available
• Business Acquisition – up to 80% financing available
• Equipment Acquisition – up to 100% financing available
• Debt Refinance -up to 100% financing available

Terms

• Up to 25 years for real-estate financing
• Up to 10 years for equipment or business acquisition financing
• Up to 7 years for permanent working capital

All loans are fully amortized.

Interest Rates and Fees
Interest rates are always market competitive. Fees are generally limited to the SBA guaranty fee and customary closing costs.

Loan Amounts
Loan amounts range from $200,000 to $5,000,000

504 Loan Program

We specialize in providing long term permanent financing to small businesses. Our loans, including the 504 Loan Program, are made through the Small Business Administration (SBA) guaranteed loan programs.

Use of Proceeds

• Real-estate acquisition, construction, or refinance – up to 90% financing available
• Equipment Acquisition – up to 80% financing available

Loan Structures
Financing available on projects up to $12,000,000.

1. First Merchants Financial Services typically provides a first mortgage of up to 50% of the total loan-tovalue. This loan can range from $100,000 to $3,000,000.
2. The SBA, through a Community Development Company (CDC) provides up to 40% loan-to-value in a second lien position. This loan can range from $100,000 to $5,000,000.

Terms and Interest Rates

• First Mortgage – up to 25-year term for real-estate loan and up to 15-year term for equipment purchase with fixed and variable interest rates available.
• Second Mortgage – up to 20-year term for real-estate and up to 15-year term for equipment purchase. Fixed rate is determined at SBA guaranteed 504 debenture sale.

Fees

• First Mortgage – fees are always market competitive.
• Second Mortgage – 2.75% + legal review fee. This fee is financed in the loan.

Fees also include customary closing costs, construction loan fees (if applicable), and bridge fees.

Eligible Properties

Almost any type of for-profit business is eligible for financing. Commercial real-estate must be partially occupied by the borrower.

Types of Leases We Offer

• Application up to $150,000. No financial statements necessary.
• Middle market financing up to $500,000
• Large ticket over $500,000
• Little or no down payment
• Numerous payment structures

We can finance almost any type of business related equipment

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Approvals for application only in 24 hours. Middle market and large ticket financing usually take 3-5 days. Up to 84 months to repay with excellent rates. These programs are for companies that have been in business for two years or more.

Sale & Lease Back

Many companies need working capital for expansion and do not want to use their bank lines for working capital. We have a program that uses the equity in your existing equipment to give your company the working capital it needs. We buy your equipment and lease it back to you and when all the payments are made you own the equipment again.

Startup Program

Most financial institutions will not finance companies that are just going into business. If your company has just started in business, or has been in business for only a short time, usually less than two years, we can help you grow by financing the equipment you need to be successful.

B, C and D Credits

In these tough economic times many businesses have suffered financially. Additionally, the owners of these companies have seriously damaged their personal credit. We have developed a “second chance” program to help these companies. We can structure your financial needs to help you rebuild your company.

Government and Municipal Leasing

We can provide lease financing to any government or municipal entity with guaranteed approval. The rate is determined by the rating of the municipality or government agency. A partial list of who we finance is listed below:

• Federal Government Agencies
• Armed Services
• State Agencies
• Public Schools
• Police Department
• Fire Houses
• Libraries

The above list is only an example of what we can finance. We can finance any state or federally controlled entity. Please contact us, so one of our finance specialists can discuss your specific needs and determine how we can arrange the financing your company requires.

Why Lease?

Leasing is the right choice!

Leasing is one of the fastest growing ways of acquiring equipment in business today. Recent surveys found that 80% of U.S. businesses, from Fortune 500 to the local family business, lease some portion of their equipment. A growing business often faces the dilemma of limited cash flow and the need to add equipment. Leasing can put the equipment to work for you with real cash flow advantages and without major capital investment. We can lease virtually any type of equipment, including software and installation.

Low monthly payments

The monthly lease payment will usually be lower than the payment required by other methods of financing.

No need to tie up capital

Keep your business’ cash for future needs, unexpected expenses or working capital when revenues are low. You can always lease equipment – you can’t lease money! Most types of financing require down payments of up to 25%, whereas leasing covers 100% of the cost of the equipment. Most leases require only one or two payments in advance. Get immediate use of the equipment with minimal up-front cost.

Preserve existing lines of credit

Leasing has no impact on your bank credit lines. Protect your borrowing power for other business needs or opportunities.

Eliminate obsolescence

Technology is changing at a rapid fire pace. What meets your business’ needs today may be obsolete three years from now. Leasing allows you the flexibility to maintain a competitive edge by giving you today’s best technology then allowing you to upgrade when the equipment has outlived its advantage.

Fixed payments through the term of the lease

Unlike bank lines of credit that usually have variable rates, lease payments are fixed no matter what happens in the market. By choosing to lease you won’t be a victim of skyrocketing interest rates. Remember the 80’s when rates rose from 9% to over 20% in one year? That can’t happen with leasing.

Significant tax and accounting advantages

Leasing eliminates the need for complicated depreciation schedules since lease payments are generally line-item expenses on your P&L statement. And since lease payments can usually be treated as a pre-tax business expense you may even reduce your taxes. Paying cash for equipment automatically adds 30-40% to the cost when you realize that cash = profits, and taxes are paid on profits. Leasing is the right choice! It minimizes demands on cash flow, eliminates obsolescence, keeps your bank lines open, saves on taxes and shelters you from the market.

• SBA Loan Program
• Equipment Leasing
• Accounts Receivable Financing
• Health Care and Medical Financing
• Bridge and Hard Money Loans
• Mergers and Business Acquisitions
• Private Equity / Joint Venture
• Stock Loans
• Franchise Financing
• Project Financing
• Merchant Cash Advance
• Purchase Order and Trade Finance
• Repossessed Inventory
• Commercial Real-Estate Finance
• Contract Finance
• Unsecured Business Line of Credit

Black Face Financial Services specializes in Unsecured Business Lines of Credit. These business lines of credit do not require collateral and include anything from smaller business credit card solutions up to individual lines of credit for $500,000. How much the business owner qualifies for depends on the credit profile and the size and profitability of the business. Start-up companies with no established revenue and a business owner or partner with a good credit file can expect to receive between $25,000 – $100,000 normally. Established businesses with revenues of $1,000,000 up to $10,000,000 can expect between $100,000 – $500,000 with no collateral if they qualify with their financials and credit. These are A-Paper products so the rates are very good. They range anywhere from 0% introductory offers on all our business credit card solutions to 1-5% over prime for the larger lines of credit. We don’t offer “subprime” Unsecured lines so you’ll either get the good rates or you will not be approved.

We offer a No-Obligation Pre-Qualification that takes 10 minutes to complete and only requires a credit-check that costs less than $45.

Feel free to speak to one of our representatives on obtaining an unsecured line of credit.

We provide loans to doctors, dentists, chiropractors and veterinarians. We can offer your practice working capital, debt consolidation, equipment financing, expansion loans, improvement loans and practice acquisition loans.

Working Capital

Practice loans to medical professionals to use as they see fit to enhance the practice. Terms to 72 months with no upfront payments and the loan is not reported on the personal credit bureau. The proceeds of these loans can be used for almost any purpose.

• Personal Needs
• Debt Consolidation
• Practice Expansion

Application Only to $75,000. Full Financials up to $250,000.

Medical Equipment Leasing

Choose from a number of payment options and include up to 50% for soft costs. We can arrange for a lease and a loan at the same time.

Practice Acquisitions

This program is the perfect option for the Health care Professional looking for exponential growth. Whether buying into a practice, or just buying out a current partner, BLACKFACE BUSINESS SERVICES NETWORK has the capital to meet your growth needs. One Hundred Percent Financing offered to all qualified medical professionals.

Debt Consolidation

We have the resources to refinance your debt in to one low monthly payment. We can approve you in 24 hours and in a week’s time, pay off your total debt. Don’t let revolving debt take over your practice. First Merchants Financial Services is highly experienced in providing solutions to your capital needs.

Please contact us today, and we will forward you an application or, if you prefer, one of our qualified professionals will contact you with all of the details.

Iwork directly with a private commercial insurance company who funds all types of projects (Mining, IT, Gas/Oil, Etc.,). They also do Real Estate transactions (see below). This is not a Bank or Equity Investor.I make the request on behalf of the client for an application packet. After the client receives and submits their application they will receive a quote and will be contacted by the insurance transaction team if pre-approved. If client wishes to proceed they will receive an invoice (see below) by insurance company. Once invoice is paid the client will receive approval letter.

Unlike a bank, the insurance company makes their money oX the insurance, insurance products and reinsurance.

Real Estate projects they finance are single family residence (SFR) and commercial loans (all property types, incl. land).

REAL ESTATE TRANSACTION HIGHLIGHTS:

• 100% Financing. No LTV restrictions.
• All property types, including land loans. No property restrictions.
• Purchase, Purchase/Rehab, Refinance, Refinance/Rehab) and construction.
• 30 Year term, with no pre-payment penalty.
• Approximately (+/-) 1% fixed rate. No rate restrictions.
• No Credit Check (FICO). Asset based.
• Minimum loan amount is $350,000 and upward. No maximum.

COMMERCIAL TRANSACTION INVOICE = Approximately 25 percent of loan amount (bond premium and loan fees). Client is given ample time to pay invoice after receiving a quote from underwriting on approval. Must be paid in order to proceed.

RESIDENTIAL TRANSACTION INVOICE = Approximately 3 percent of loan amount (includes bond premium and loan fees). The client pays invoice after receiving their quote from underwriting on approval. Must be paid in order to proceed.

Private Commercial Lender. No Upfront Fees

Private Family 4.5% fixed at Par 30/12. Refinances to 70% LTV Seeking Development/Construction/Hospitality transactions – $2 million to $25 million.

Special Use Properties: including but not limited to Hospitality: (Hotel/Motel/Freestanding Restaurant, RV Parks, Mobil Home Parks & Entertainment), Automotive (service, sales, parks, theme), Self- Storage & Medical.

Land and Commercial Development, Mixed and Special Use, are considered with a different rate and term structure, keyed off of the 4.5% rate. Property location and method of proposed repayment, determine rate and term.

No Apartments, except for in a mixed development, featuring retail shops, in an upscale area, or as part of construction buildout.

We can do Hard to Eund Commercial/Hospitality?
SBA/bank/life reject?