introduction to capitalspring sblc
DESCRIPTION
Introduction to CapitalSpring SBLC. Mike Pierson Vice President – Business Development 900 CR 393 North Santa Rosa Beach, FL 32459 Phone: 850-232-3337 Fax: 904-229-0236 [email protected]. Overview. - PowerPoint PPT PresentationTRANSCRIPT
Highly Confidential
Introduction to CapitalSpring SBLC
Mike PiersonVice President – Business Development900 CR 393 NorthSanta Rosa Beach, FL 32459Phone: 850-232-3337Fax: [email protected]
Overview
• CapitalSpring SBLC (“CS SBLC”) is a direct SBA 7(a) lender, providing loans to small businesses across the country. The company is based in Dallas, Texas and operates nationally.
• CS SBLC was formed in Spring, 2011 when CapitalSpring Finance Company acquired an SBLC license. The transfer was approved a year later and the platform became active at the beginning of 2013.
• CS SBLC completed loans in the professional practices; hotels; restaurants; dealerships; automotive aftermarket; health clubs; and other markets.
• CS SBLC is a wholly-owned subsidiary of CapitalSpring Finance Company, a privately-held specialty finance company.
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CapitalSpring’s 7(a) Program
Industries- Hotels and motels- Restaurants- Professional offices- Childcare centers- Assisted living facilities- Health clubs- Others
Situations- Business acquisitions- Refinance- New development- Business expansion- Real estate purchase- Partner buyout- Others
Indicative Terms- Loan size $250k – 5MM- 7 to 25 year term- Fully amortizing
- Floating rate- Personal guarantee- Eligibility requirements
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CapitalSpring’s 7(a) Program
What makes CapitalSpring Different from other Lenders?
- Cash Flow Lender- Direct access to credit decision maker- Emphasis on management experience / cash flow (not
collateral and outside income)- Open to all industries and types of loans with and
without real estate
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Sample of Closed Loans
Restaurant
$3,400,000
Acquisition
Iowa 2013
Motel
$1,200,000
Acquisition
Texas 2013
Insurance Agency
$1,100,000
Acquisition
Nevada 2013
Automotive Care
$850,000
Acquisition
Texas 2014
Restaurant
$1,760,000
Expansion
Oklahoma 2014
Powersport Dealership
$2,550,000
Acquisition
Texas 2013
Restaurant
$4,620,000
Real EstateAcquisition
Florida 2013
Restaurant
$340,000
Acquisition
Georgia 2013
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Sample of Closed Loans (cont.)
Health Club
$950,000
Development
Florida 2013
Restaurant
$200,000
Development
Texas 2013
Restaurant
$390,000
Expansion
Colorado 2013
Automotive Care
$1,420,000
Acquisition
Colorado 2014
Restaurant
$1,659,000
Expansion
Colorado 2014
Restaurant
$240,000
Remodeling
Iowa 2013
Insurance Agency
$310,000
Refinancing
Florida 2014
Health Club
$856,000
Development
New Jersey 2013