LendingStructure
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LENDING STRUCTURE

CORfinancial provides financing and refinancing solutions to mid-market companies, our lending parameters & structure is as follows:

Loan

  1. Loan Amount:-$100,000 to $10,000,000 (Synticated loans up to $50,000,000)
  2. Rate:- From 6.99%.
  3. Term:- 6 months to 36 months

Fees

  1. Loan Fees:- 0.5% – 2.5% (of loan amount)
  2. Monitoring Fees:- Transaction driven – not on every deal
  3. Appraisal and Field Examination Costs:- Will be based on lenders requirements and will be driven by what documentation is provided by the borrower.

Collateral Security Requirements

  1. Personal Guarantee:- Required on ALL transactions
  2. Collateral Charge:-There will be a 1st charge of security over the assets as covered in all loan documentation. In some cases, a 2nd collateral charge may be required too.

Funding Territory

We provide services across SouthWestern Ontario to all major city centers & smaller towns with populations greater than 10,000 as follows:

  1. Local:- Toronto, GTA & Surrounding areas.
  2. North:-Barrie
  3. East:-Ottawa
  4. West:-Windsor

We will provide our services in other Provinces and the US on a case by case basis

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