The Classic Guarantee

Provides up to 75% of the loan amount as collateral/security. For loans up to a maximum of $750,000. Borrower should have security of 25% of the loan amount and 25% equity in the project. The guarantee is available for the term of the loan.

Loan Features

Learn about the features of the Classic Guarantee loan.

  • Use of Funds: Working Capital, Inventory Purchase, Expansion, Overdraft

  • Offer Period: No Limit

  • Maximum Loan Value: $750,000

  • Maximum Guarantee Value: $562,500

    • Maximum Guarantee Percentage: 75%

    • Equity Injection: 25%

    • Collateral Required: 25%

    • Debt Service Ratio: 1.25:1

      • Tenor of Guarantee: Term of the loan

      • Interest Rate: Set by Participating Lender

      • Age of Business: >2 years

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