Equip Financing
Comm'l Term Loans
BLOC

100

100%

What is the maximum advance rate for an equipment purchase

100

Purchase, construction, refinance

What can a CRE loan be used for (uses of proceeds)?

100

Stated maturity

What product allows for a 12 or 24 month term

200

1.  Complex Equipment that will take 3-4 mos to build

2.  Bulk purchase (multiple pieces)

When would you offer a draw/term loan

200

Conventional, SBA 504 and SBA 7(a)

What three types of loans does Chase offer?

200

Express Line of Credit

Which line comes with an SBA guaranty?

300

Advised/Guidance Line

Which product will have multiple notes?

300

10/20, 10/10, 20/20, 25,25, 10/25, 10/30

What re the available terms/amortization?

300

Online, phone or check

BOBLOC allows advances in what 3 ways?

400

any two of these:

1) solid

2) stable

3) limited

4) soft

5) tiltled

What two types of equipment classification?

400

10%

What is the minimum down payment required for a 504 loan?

400

70% A/R 40% Inventory

80% A/R 50% Inventory if monitored

What are the two advance rates on a conventional LOC

500

1) type

2) benefit

3) useful life

4) time frame to purchase

5) term & pricing desired

What 3 things do you need to learn from customer financing equipment?

500

80% or 60% depending on the particular property type

What are the general LTV's for a conventional loan?

500

$500K

What is the maximum line amount for a BOBLOC?