 |
 |
Flexibility and consistency.
|
Our funding program is versatile to most
every transaction and
can be tailored to your
needs. We offer:
 | Super efficient online loan application |
 | 12-24
hour turn around for LOI’s |
 | Closings
as fast as 7 days |
 | Up
to 65% Loan-to-Value ratio |
TERM:
Generally loan terms from 1-3 years.
PREPAYMENT:
May be prepaid at anytime with no penalty.
USE OF PROCEEDS:
All proceeds must be used for business purposes.
LOAN TO VALUE:
Loan amounts can be up to 65% of the market value of the collateral.
RATES:
Rates vary from 13-17% per annum, interest only, depending upon collateral and loan structure.
LOAN SIZE:
From $250,000 to $5,000,000.
COLLATERAL:
Real estate
|
|
|
 |
 |
BlueWater Advantages |
 |
 |
 |
Lending
throughout the Mid
Atlantic Region |
 |
Loans up to $5 million |
 |
Rates
from 13%; I/O |
 |
Terms:
1-3 Years |
 |
No prepayment penalty |
 |
Avg.
Closing: 10 Days |
|
|