LENDING STRUCTURE & INDUSTRIES
Lending Parameters and Structure
CORFinancial provides financing and refinancing solutions to mid-market companies. Below, you will find our lending parameters and structure.
Loan Amount: $100,000 to $10,000,000 (syndicated loans up to $50,000,000).
Rate: From 6.99%.
Term: 6 months to 36 months.
Loan Fees: 0.5% to 2.5% (of the loan amount).
Monitoring Fees: Transaction-driven. Not on every deal.
Appraisals and Field Examination Costs: Based on the lender's requirements and driven by documentation provided by the borrower.
COLLATERAL SECURITY REQUIREMENTS
Personal Guarantee: Required on ALL transactions.
Collateral Charge: There will be a first charge of security over the assets as covered in all loan documentation. In some cases a second charge my be required as well.
We provide services in southwestern Ontario to all major city centers and smaller towns with populations greater than 10,000 as follows:
Local: Toronto, GTA, and surrounding areas
We will provide our services in other provinces and the USA on a case-by-case basis.
We Focus on the Industries We Know
WHOLESALE/RETAIL TDRADE AND DISTRIBUTION
COMMERCIAL REAL ESTATE DEVELOPMENT