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Writer's pictureRobert O'Connell

Bankable Terms for Un-Bankable Borrowers

IMPORTANT: If your business has been affected by the coronavirus we are here to help you. We are providing CARES Act Paycheck Protection Program (PPP) financing, and you can learn more below.

We are a nationwide, non-conforming lender providing commercial real estate mortgages, subprime SBA and conventional loans, and business financing. We are committed to providing excellent service and innovative financing that is affordable for all borrowers.

The Coronavirus Aid, Relief, and Economic Security Act in the Senate (the “CARES Act”) Paychex Protection Program (PPP) increases the maximum SBA’s 7(a) loan amount to $10 million and expands allowable uses of 7(a) loans to include payroll support (including paid sick or medical leave), employee salaries, mortgage payments, insurance premiums and any other debt obligations.

Please note that all SBA relief funding programs are not the same, nor may they be used for the same purpose. Borrowers should evaluate all programs and choose accordingly.

$100,000 to $10,000,000

Most Businesses Eligible

No Collateral Required

No Personal Guarantee

No Credit Score Minimum

100% SBA Guarantee

1% Interest Rate

Loan Maturity of 2 Years

For-Profits & Non-Profits

No Fees Paid by Borrower

6 Month Payment Deferral

Businesses Must be Open as of 2/15/2020


Get started! https://rocfinancialsolutions.wufoo.com/forms/r3svurv1y1yleh/


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