Commercial Loan Process

First Capital Funding Corporation Now Lends Nationwide!

First Capital Funding Corporation presents you with a large range of loan structures for your commercial mortgage, applying maximum loan to values and less than 1% in loan fees. We offer conventional portfolio loans for your owner occupied and investment real estate. Typically, a 90% financing option is available for borrowers who own and maintain at least 25% occupancy, 80% financing for less than 25% and 80% financing for investment commercial real estate. First Capital Funding Corporation has competitive fixed and variable rates; the borrower can choose between a variety of flexible loan terms and amortization up to 25 years with no balloon payments or call provisions.

The typical loan approval process requires two weeks, and usually closes within a month.

The following checklist supplies you with the information required by First Capital Funding Corporation in order to start processing your loan. The sooner these documents are compiled, organized, and ready to go, the sooner your loan can be approved.

• Three (3) Years of Personal Tax Returns
• Two (2) years of Business Licenses
• Three (3) Years of Business Tax Returns
• Personal Financial Statement
• Up to Date P&L and Balance Sheet
• Property Photos Inside and Out
• Business Debt Schedule
• Purchase and Sale Agreement, if applicable

When a completed commercial loan package is received, the typical process is as follows:

1. Financial Analysis is completed in three days; this includes a credit check.
2. At this time, a proposal letter can be sent.
3. A commitment Letter can usually be granted within 10 days.
4. Any appraisals, title work, environmental reports and closing documents are then prepared.

The entire process can be completed in as little as a month contingent upon prompt receipt of all required documentation.

If you are interested, please complete the online application or the paper application (Commercial Loan Application).  A senior loan officer will review your information and contact you with further information about our loan programs.

The forms below are provided to help you in completing your file:

• Personal Financial Statement  (download Word file),
• Business Indebtedness Form  (download Excel File),
• Schedule of Real Estate Owned  (download Excel file)