Secure Investor Capital

Phone: 800-636-1054

Address: 579 W North Ave, Ste 200 Elmhurst, IL 60126

Email: info@sicfunds.com

Website: http://www.sicfunds.com

States They Lend In: Loan Programs available Nationwide except Vermont and West Virginia

 

Rehab and Hard Money Lending Guidelines

 

Program I Highlights

 

• 100% Purchase, 100% Rehab, 100% Costs
• No Pre-payment
• Rates from 9.75% to 15%
• This program is good in:
  • CO, CT, DE, FL, GA, IL, IND, KS, MA, MD, MI, MO, NC, NH, NY, OH, PA, RI, TN, TX, SC, VA, WA,

 

• Nationwide Rental Product
• Loan amounts 40k to 20 million
• Individual Loans & Blanket Loans
• Up to 80% LTV
• 30 Year fixed & 5 to 7 year fixed
• Rates 5.5% to 8.5%
• No Pre-payment options & Pre-payment
• Partial Releases to sell inside blanket loans

 

Program II Highlights

 

• Rehab & SFH New Construction Lending
• Purchase or Refinance (Blanket Loans)
• 1-4 Units Non-Owner
• No Pre-Payment
• 600 Fico Above
• Rates 6.5% to 13%
• This program is good: Nationwide

 

Program III Highlights

 

• Chicago Hard Money
• 2-4 Flats (West & South Side)
• 90 % Purchase & Rehab Costs
• 60 % LTV (After Repair Value)
• 6 Month Term
• 680 Fico and above
• No Pre-Payment
• No physical payment due during term of the loan
• Approval in 24 hrs. / Close in 14 Business day's

 

Program IV Highlights

 

• Stated Income / close in 7 days
• Saving deals for Realtors and Investors
• No appraisal needed (CMA inspection)
• Non-owner
• Loans amounts – 50K to 2M
• Up to 12 month term

 

Types of Loans:

 

• Rehab & Rental Loans
• New Construction
• Lines of Credit
• Commercial Lending (SBA)
• Small Business Loans

 

Rehab & Rental Lending

 

SIC Funds will loan up to 100% of your costs in some states if the after repair value (ARV) is sufficient. SIC Funds has the best non-owner rental products in the business. LTV up to 80% with no pre-payment on a 30 year fixed and 30 year amortization.
Apply Here

 

New Construction

 

Contact SIC Funds today to structure your SFH new construction project. Loans available to builders in most states with excellent or less than perfect credit. Spec, detached, in-fill, high-end fix & flips, multifamily, etc. Loan amounts from 100,000 to 6,000,000.

 

Lines of Credit

 

SIC Funds provides stated un-secured business loans from 15,000 to 100k. A new or older corporation or LLC with an active EIN number is required. Over 700 mid credit score and 7 plus years of established credit. Does not report to personal credit.

 

Construction/Supply House Lending Facility

 

• Have your supplies paid directly in 10 days.
  • Take advantage of supply house discounts with early payoff
• Pay lender directly on a monthly schedule.
  • Interest rates are low-middle single digits
• Lending limits: $15,000 - 5,000,000
• Non FICO driven
  • Will lend on business only, and must be in good standing.
  • Lending limit is based off strength of company.
  • Quick pre-approval
• Pay on what you use only
  • 150 days to pay back supply balance
  • Each project must be "lien-able

 

SBA Commercial Lending

 

SIC Funds small business lending division is a preferred choice for many businesses. SIC Funds specializes in a variety of SBA loan programs:

 

• SBA7a
• SBA504, USDA & Equipment Finance
• Up to 90% Finance
• Up to 30 year term
• Competitive rates
• Ground up new construction
• Export capital
• Physicians capital
• Manufacturing capital
• Franchise Restaurant
• Gas stations/Auto Repair
• Office
• Hotels
• Multi-family
• Assisted Living