UPS Capital Business Credit provides SBA commercial construction loans that can be used either to construct a new building or renovate an existing facility. Reliable funding is critical to the success of your construction project, and UPS Capital Business Credit can help arrange competitive rates, a generous loan amount and extended payment terms as compared to conventional financing. Our solid relationship with the SBA as a preferred lender in most major markets allows us to process SBA loans quicker and more efficiently than many other SBA lenders.

Features of the Construction Loan include:

• Competitive rates
• Streamlined approval process
• Loans from $250,000 to $4 million
• Repayment terms of up to 25 years for real estate
• Up to 90% loan-to value financing available
• No balloon payments required

Construction Loans:
Funds can be used to cover both construction costs and certain soft costs associated with a project, including the cost of land acquisition, building construction or improvements, and fees for professional services, appraisals, title work, searches, surveys, your lender and the SBA guarantee.

Best of all, a construction loan from UPS Capital Business Credit is converted to long-term financing once the construction project is completed. This means you won't need to apply for another mortgage. Apart from the considerable convenience that this offers, you'll have just one closing and one lender.

Products are offered through UPS Capital Business Credit, a subsidiary of UPS Capital Corporation. Products may not be available in all areas. Check with your UPS Capital Business Credit representative for local availability. Credit availability is subject to approval. Products may be modified based on requirements. Loans between $2 and $4 million may be offered to companies within certain industries only through the SBA 504 Program.