\ Bielat Santore & Company Restaurant Finance Report
Company News: Page (1) of 1 - 02/09/18

Bielat Santore & Company Restaurant Finance Report

 

February 09, 2018 --
Bielat Santore & Company Restaurant Finance Report

SMALL BUSINESS ADMINISTRATION 7A...........................................................5.5% to 6.75%*
SMALL BUSINESS ADMINISTRATION CDC/504...............................................5.83% (December 2017 Auction)*
MAJOR BANKS.........................................................................................................4.5% TO 5.5%
SMALLER REGIONAL OR COMMUNITY BANKS................................................4.75% to 6.0%
SALE LEASEBACKS WITHOUT INVESTMENT GRADE CREDIT......................8.0% to 10.0%
SALE LEASEBACKS WITH INVESTMENT GRADE CREDIT..............................4.0% to 6.0%
PRIVATE PLACEMENTS.........................................................................................8.0 % to 12.0%
PURCHASE MONEY MORTGAGE.........................................................................5.0% to 8.0%

Note: Other fees and closing costs are in addition to the interest rates posted.

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About Bielat Santore & Company
Bielat Santore & Company is an established commercial real estate firm. The company's expertise lies chiefly within the restaurant and hospitality industry, specializing in the sale of restaurants and other food and beverage real estate businesses. Since 1978, the principals of Bielat Santore & Company, Barry Bielat and Richard Santore, have sold more restaurants and similar type properties in New Jersey than any other real estate company. Furthermore, the firm has secured in excess of $500,000,000 in financing to facilitate these transactions. Visit the company's website, http://www.123bsc.com for the latest in new listings, property searches, available land, market data, financing trends, RSS feeds, press releases and more.

Read the full story at http://www.prweb.com/releases/2018/02/prweb15192875.htm.

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