in active LOI negotiation right now - seeking specific lender intros
seeking intros to lenders who portfolio or otherwise have non- or below- prime based products for strong sponsors / deals
common examples: own internal cost of capital, fed + spread, FHLB index + spread
good examples: larger lenders who do this are BofA, Chase, WF // area focused lenders who do this are TD, Comerica, etc.
prefer this to be a SBA 10 year amort or 7-10 yr amort commercial product
either way, this is great for a private banker or small business lender looking for a customer acquisition and long-term relationship
Thank you!