Areas Served: Lake Havasu Arizona
Eligible borrowers must have a sole proprietorship, partnership or corporation in business for at least 2 years and residing within Lake Havasu City.
The loan amounts are up to $150,000 but not more than 40% of the total project amount financed.
Terms are up to 20 years for commercial real estate financing with an option for a longer term with a balloon mechanism.
The interest rate is 1/4% above the quoted and approved rate assigned to the loan package by the underwriter.
Contact InformationLake Havasu Partnership for Economic Development
Address: 314 London Bridge Roa
City: Lake Havasu
State: Arizona
Website:
http://www.lakehavasu.org/
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