Fast Commercial Capital has launched a “Small Fast” lending program designed for small businesses, including self-storage. The offering is tailored to investors and business owners seeking loan amounts up to $2 million. Funding can occur in as few as 30 days, according to a press release.
The program offers up to 80 percent loan to value, with cash-out refinancing available. No tax returns are required. It provides “an alternative to restrictive bank financing. It is designed by investors for investors,” the release stated.
In addition to self-storage, the program is intended for daycare, light-industrial, multi-family, mixed-use, office, restaurant, retail and other business types.
Based in Austin, Texas, Fast Commercial also has offices in Los Angeles and Miami. The Small Fast program is available nationwide.
Source:
Benzinga, FastCommercialCapital.com Launches "Small Fast" Small Balance Commercial Lending Program