Dan Morris
Atlantic Business Capital
(800) 916-9005
Atlantic Business Capital specializes in providing financing for owner occupied commercial real estate and investment real estate around the United States. We have put together one of the most experienced lending teams in our industry. With the expertise our commercial real estate lending specialists have, you will receive excellent service to meet your commercial real estate financing needs. With our roots in community banking, we understand commercial real estate financing for business owners. We are not your typical conservative bank. We are also aggressively providing financing for investment real estate. We are creative in structuring deals and are quick to approve and close deals. As a leader in our industry, we at Atlantic are dedicated to providing products and services to meet your borrowing needs.
Owner-Occupied:
LTV up to 80% on commercial property
Rates: 4.95% fixed 5 years, 5.95% fixed 10 years, 6.45% fixed 15 years
Amortization: 20 years; 25 years considered for newer buildings or successful 20 year DSCR stress tests
DSCR: 1.25 stabilized using historic operating statements
Full recourse with 660+ credit
Properties: standard property types; special-purpose properties considered with rate increase
Lending area: United States
Loan amounts: $300K-$8MM
Non-Owner Investment:
LTV up to 75% on commercial property; 80% on multifamily
Rates: add 1/2% to owner-occupied rates
Amortization: 20 years; 30 years on multifamily
DSCR: 1.3+ stabilized for commercial property; 1.25 for multifamily
Full recourse with 680+ credit
Properties: standard property types
Lending area: United States
Loan amounts: $500K-$8MM