How does pledge financing work?
Based on the reliability and creditworthiness of pledges from corporate, foundation, and major individual contributors, NCB underwrites a portion of the organization’s forecasted final pledge amount, thereby providing project capital today, often years ahead of when an organization would have otherwise begun its project. Return to Top What are the advantages of a SBA loan? SBA loans are guaranteed by the U.S. Small Business Administration and offer longer repayment terms and more flexible financing. SBA loans are ideal for small businesses that have limited working capital or that might not qualify for conventional bank loans. Advantages of SBA Loans include: Available up to 25 years, full amortized Available up to 90% of loan-to-value on first trust deeds Refinance owner occupied commercial property Finance leasehold improvements. Return to Top What are the benefits of an ESOP? There are a number of benefits to creating an ESOP for the selling shareholder, the company and the employee