Owner User

ReadyCap rewards successful business owners by providing them with the flexibility to invest in their future. We offer three types of Owner User Commercial Real Estate financing: SBA 7a, SBA 504 and Conventional – each to meet a businesses specific need.

Discover how ReadyCap is lending differently TM, by supporting a wide array of Owner User transaction scenarios:

  • Conventional: Financing available outside the SBA program
    • Advantages over SBA include:
      • Lower occupancy requirement – as low as 35%
      • No maximum borrower net worth or liquidity
      • Ability to refinance in-place SBA financing
      • Lower up-front fees
    • Up to 25-year fixed terms
  • SBA 7a:  Low variable rate with shorter prepay for purchase and refinances
    • Greater flexibility
    • 51% or more occupancy required
  • SBA 504: Long term fixed rate purchase money financing
    • High leverage, low rates for purchase transactions
    • 51% or more occupancy required
    • Long-term fixed terms and amortizations

With concierge-like personal attention throughout the process, borrowers can expect a smooth ReadyCap experience from application to close. Owner User financing is available from $500,000 to $5,000,000 on office, retail, industrial, and self storage commercial real estate in major markets nationwide. Product highlights include:

  • Leverage up to 90% of value, as little as 10% down payment
  • No depository relationships required.
  • Purchase, refinance or cash-out
  • 1.20x global DSCR

Give us a call today: 888-354-0822.