Audrey Patton

Commercial Real Estate Financing

Use of Loan Proceeds: Existing Business, Owner Occupied; no investors

General purpose commercial real estate

No ground leases.

Single loan closing on construction.

Loan Amounts: $250,000 to $2,000,000

Special programs to $2,500,000 Cash/Equity Injection: 10% of Total Project Costs. 15% for restaurants.

Total Project Costs can include moving expense, equipment, furniture, working capital, refinance of business debt, etc

Loan Terms: Term up to 25 years. Fully amortized (no balloon).

Interest Rates: Dependent upon strength of business. Rates from P+1.25% - 2.5% variable

Repayment Ability: Based on historic cash flow of the business.

Minimum Debt Service Coverage= 1.15x for last yr + interim. For restaurants, chiropractors: DSC=1.35x for last yr+interim Expansion loans for medical practices with increasing trends.

Collateral: LTV can be over 100%

Personal Guaranty: SBA requires from all 20% or more owners.

Our underwriters are professionally trained to keep the interest of the professional a priority. They are experienced in working with borrowers of all sizes. Thus, they can fund loans anywhere in the country! So please call one of our underwriters today at 317-348-0732

Multi-Family Financing New Construction / Substantial Rehabilitation

Multi-Family Financing We specialize in working with Realtors, referral fees available (Up to $15,000)!

Our rates smoke the banks - call for quotes!

New Construction / Substantial Rehabilitation

* 90% Loan-to-Cost

* 40 Year amortization

* 40 Year Term (no balloon)

* No maximum loan amount

* Low, fixed interest rate, based on market spreads over the Ten Year Treasury yield.

* "Developer's Fee" of 10% of cost allowed to be used towards equity requirement

* No personal liability (non-recourse)

* Negotiable pre-payment terms

* 1:10 Minimum Debt Service Coverage

* This loan is always assumable. Third-party expenses and loan costs are able to be financed

Rates and Terms determined by LTV, credit, property type and other conditions. This is limited information and meant for general reference purposes. please call 317-348-0732 or loans@fairydustlending.com

Medical professional loans

Use of Loan Proceeds: Practice start-up or purchase / Expansion, partner buy-out / Real estate or leasehold Can include equipment, furniture, working capital.

Loan Amounts: $250,000 to $2,000,000

Cash/Equity Injection: 10% of total project costs.

Experience: Proper license and 2 years direct experience in the industry.

Loan Terms: Term up to 25 years. Fully amortized (no balloon).

Interest Rates: Dependent upon strength of practice Rates from P+1.25% - 2.5% variable

Collateral: No minimum for Start-ups up to $500,000 No minimum for Acquisitions to $1,000,000

Personal Guaranty: SBA requires from all 20% or more owners.

Life Insurance: Key man life insurance may be required

Our underwriters are professionally trained to keep the interest of the professional a priority. They are experienced in working with borrowers of all sizes. Thus, they can fund loans anywhere in the country! So please call one of our underwriters today at 317-348-0732

Limited use financing

LOAN LIMITS $100,000 - $3,000,000

PROPERTY TYPES Automobile Dealerships

Automotive Service

Repair Assisted Living Facilities

Grocery Stores and Markets

Educational / Day Care

Car Wash (Full Service and Coin Op)

Funeral Homes

Restaurants

Bowling Alleys

Properties with excess land RV Parks

LOAN TYPES Purchase Refinance Cash Out Refinance

MAX LTV 90% Owner Occupied Purchases (SBA 504) 65% Purchase (Non-SBA, up to 90% CLTV) 65% Refinance / 60% Refinance Cash-out

LOAN TERMS 25 years fully amortized years

fully amortized 15 years fully amortized

MIN FICO 650 AVAILABLE PROGRAMS

5 YR Fixed SBA 504 Adjustable Conversion

The DIFFERENCE No Balloon Payment Broker or referral source 100% protected Flexible Underwriting No Lender Points Quick Closings Simple Documentation Rate locks available at no cost

Hotel loans,lending May 30th, 2009 3:01 PM Start-up, Business Acquisition, Construction / Perm

Loan Amounts: $250,000 to $2,000,000

Cash Injection: 15% for Flags in good standing, 20% for others. Start-ups and inexperienced management may require up to 30%.

Experience: Full service requires full service experience. On-site management by >20% owner.

Collateral: 80% of total Project must be for real estate or construction.

Repayment Ability: Based on historic cash flow of the business.

Minimum debt service coverage = 1.25x for last 2 years plus interim.

Expansion loans available for businesses with increasing trends. Start-up projected coverage 1.25x within 1 year.

Loan Terms: Term up to 25 years. Fully amortized (no balloon). 3yr (5-3-1) prepayment penalty.

Interest Rates: Dependent upon strength of business.

Personal Guaranty: SBA requires from all 20% or more owners.

Our underwriters are professionally trained to keep the interest of the professional a priority. They are experienced in working with borrowers of all sizes. Thus, they can fund loans anywhere in the country! So please call one of our underwriters today at: 317-348-0732