![Page 1: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/1.jpg)
InterBay Funding Corp.1
We have access to the Capital Loan Program Financing (Equity Lending)
• Institutional lender specializing in small commercial / income properties
• Unique programs - meet the needs of small business owners and investors
• Equity lender / Credit lender
• Commercial real estate secured loans only
![Page 2: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/2.jpg)
InterBay Funding Corp.2
Traditional Money Sources
Small Loans
– Banks
– Credit Unions
– Trust Companies
– Mortgage Bankers
– Investment Bankers
– Private Money
![Page 3: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/3.jpg)
InterBay Funding Corp.3
Capital Loan Program Funding Institution`s Place
Capital Loan ProgramCapital Loan ProgramTraditional Lenders Private Money
![Page 4: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/4.jpg)
InterBay Funding Corp.4
Small Commercial Lending ArenaTraditional Lenders
• Best Rates
• Conservative LTVs
• Strong Credit
• Full Documentation
• Environmental Phase 1
• Marketable Properties
• High Commitment Fees
• 1 to 5 Year Terms
• Loan Committees
• Cross Collateralization
• Strong DSCR (i.e. 1.40x or more)
The Capital Loan Program Private Money
![Page 5: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/5.jpg)
InterBay Funding Corp.5
Traditional Lender Requirements• Bank Credit Application• Background Information Sheet• State of Personal History• Management Résumé• Personal Financial Statement• T4, T1, Notice of Assessment• Financial Information: Business, Personal,
Affiliate Tax Returns• Copy of Purchase Agreement• Lease Agreement• Copy of Business License• Equipment Listing• Schedule of Business Debt• Environmental Phase 1 or 2• Insurance Information• Operating Statements• Rent Roll• …and more…
![Page 6: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/6.jpg)
InterBay Funding Corp.6
Small Commercial Lending ArenaTraditional Lenders
• Best Rates
• Conservative LTVs
• Strong Credit
• Full Documentation
• Environmental Phase 1
• Marketable Properties
• High Commitment Fees
• 1 to 5 Year Terms
• Loan Committees
• Cross Collateralization
• Strong DSCR (i.e. 1.40x or more)
The Capital Loan Program Private Money
• High Interest Rates
• LTVs Vary
• Fast Closings
• All Credit Considered
• Minimal Documents
• Environmental Varies
• All Property Types
• High Commitment Fees
• Short Term Loans
• Inconsistent
• Temporary Solution
![Page 7: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/7.jpg)
InterBay Funding Corp.7
• Intermediate Rates
• Higher LTVs
• Quick Closings
• Wide Credit Range
• Limited Documents
• Environmental Fee
• Many Property Types
• Variety of Products
• No Cross Collateralization
• Reasonable DSCR
• Commercial is All We Do
• Wholesale Dedicated
Small Commercial Lending ArenaTraditional Lenders
• Best Rates
• Conservative LTVs
• Strong Credit
• Full Documentation
• Environmental Phase 1
• Marketable Properties
• High Commitment Fees
• 1 to 5 Year Terms
• Loan Committees
• Cross Collateralization
• Strong DSCR (i.e. 1.40x or more)
Private Money
• High Interest Rates
• Low LTVs
• Fast Closings
• All Credit Considered
• Minimal Documents
• Environmental Varies
• All Property Types
• High Commitment Fees
• Short Term Loans
• Inconsistent
• Temporary Solution
Capital Loan ProgramCapital Loan Program
![Page 8: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/8.jpg)
InterBay Funding Corp.8
Who Needs Capital Loan Program?Clients underserved by traditional lenders:
– Inability / Unwillingness to provide business and personal documentation
– Fast Service
– Too much credit exposure to the bank
– Under bank’s minimum loan amount
– Significant cash out (Equity Take-Out)
– Transactions with subordinate debt
– Changes in bank lending philosophy
![Page 9: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/9.jpg)
InterBay Funding Corp.9
Who Needs the Capital Loan Program?As an alternative to Private Money Sources:
– Need Higher LTV
– Want Lower Fees
– Want / Need benefit of lower interest rate
– Needs longer term
– Improved Credit
![Page 10: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/10.jpg)
InterBay Funding Corp.10
The Capital Loan ProgramLoan AmountsLoan Amounts
$100,000 - $1,200,000$100,000 - $1,200,000
• Multi-Family (5+ Units)
• Office
• Retail
• Automotive
• Rooming House
• Hotels / Motels
• Mixed Use
• Light Industrial /Warehouse
• Self Storage
• Carwash
• Bed & Breakfast
• Funeral Homes
• Restaurants
• Daycares
• Resorts
• Campgrounds
• Mobile Home Parks
Property Types
![Page 11: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/11.jpg)
InterBay Funding Corp.11
Non-Eligible Properties
• Traditional Churches (no alternative use)• Raw Land and Farms• Construction / Interim Financing• Business Loans• Health Care Facilities that dispense medications
(assisted living, hospitals, nursing homes)
• Gas Stations• Adult Entertainment Facilities
![Page 12: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/12.jpg)
InterBay Funding Corp.12
Deal View #1…
• Mixed Use - $145,000• A+ Credit Borrower• LTV 80%• Owner Occupied• Broker visited with
marketing material• Closed in 38 days
![Page 13: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/13.jpg)
InterBay Funding Corp.13
Deal View #2…
• Automotive - $435,000 • Owner occupied• Bank not willing to consider
due to possible environmentalconcerns with this type of property
• Broker arranged referral relationship with a local bank branch
![Page 14: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/14.jpg)
InterBay Funding Corp.14
Deal View #3…
• Office / Retail - $606,750
• Significant cash-out
• Client did not have financials required at bank
• Owner received advertisement from broker
• Deal closed in 31 days
![Page 15: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/15.jpg)
InterBay Funding Corp.15
Deal View #4…
• Retail / Office - $920,000• Borrower’s credit 685• LTV 75%• Investment property• Expedited service from Lawyers • Closed in 45 days
![Page 16: We have access to the Capital Loan Program Financing ( Equity Lending )](https://reader036.vdocument.in/reader036/viewer/2022062321/568142cc550346895daf21e3/html5/thumbnails/16.jpg)
InterBay Funding Corp.16
Deal View #5…
• Hotel / Motel - $1,000,000• Refinance – cash out to purchase another
property• Referred to broker by real estate agent• Credit improved from A- to A in process• Appraisal came in higher than anticipated
(+195k)• Deal closed in 59 days