Areas Served: Statewide Tennessee
Pathway Lending has developed a variety of flexible business lending products.
If you’re doing business in Tennessee, we have a range of financial products that feature great rates and terms to meet your borrowing needs.
Some examples include: Real Estate: Financing for the acquisition or refinancing of Commercial or Industrial Real Estate*.
– Up to 100% Loan to Value – Rates as low as 5% Fixed – 10-Year Term – Up to 25-Year Amortization Equipment: Financing for the purchase of Equipment or Heavy Machinery.
– Up to 100% Loan to Value – Rates as low as 7.5% Fixed – Up to 10-Year Term (or the Useful Life of Purchase) – Purchase Order/Accounts Receivable: – 12-Month Line of Credit – Interest Rates From 8-10% – Advance up to 80% on Costs of Goods Sold – Loan Amount based on the purchase order amount or account receivable balance Working Capital: – Capital to Expand your business or create jobs – Line of Credit or Term Debt – Interest Rates From 8-10% – 36 – 60 months While Pathway Lending considers lending to a wide range of businesses, certain types of businesses are typically not considered.
These include: – Retail clothing – Restaurants – Speculative real estate – Start-up businesses where the principal has no prior industry experience – Businesses that primarily sell alcohol and cigarettes – Businesses that will relend the money to others – Refinancing of existing debt – Non-profit organizations – Transportation and Warehousing (trucking companies) – Businesses deriving more than a third of gross annual revenue from legal gambling – Businesses which present live performances of a prurient sexual nature or derive more than de minimis gross revenues -from the sale of products or services of a prurient sexual nature – Pyramid sales distributions – Financial businesses – lenders, check cashing, bail bonds, etc.
– Businesses that limit membership for reasons other than capacity – Government owned entities – Businesses primarily engaged in political or lobbying activities
Contact InformationPathway Lending
Address: 201 Venture Circle
City: Nashville
State: Tennessee
Website:
https://www.pathwaylending.org/resources/
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