Community Lending

Recent events have shone a light on our nation’s systems, challenging the ways they developed over time to the potential benefit of some – and exclusion of others. Realizing that access to funds is critical to the success and growth of a business, the Community Lending team at Raymond James Bank takes a collaborative approach, offering guidance and education to business owners as they navigate the financing process, often for the first time. Focused on relationships – the people behind the paperwork – the Community Lending team is there every step of the way.

Financing for the future of your business

 

Potential uses

• Real estate
• Equipment
• Working capital
• Revolving line of credit

 

Eligibility requirements*

• Business has operated for one year
• Debt service coverage ratio: 1.15x
• Personal/global debt-to-income ratio: 45%
• Minimum credit bureau report: 620
• Personal guarantees

*Exceptions can be made - please contact us to discuss your situation.

 

Accepted collateral

• Cash
• New and/or used equipment
• Accounts receivable
• Inventory
• Real estate
• Cash surrender value of life insurance

To learn more about the Community Lending team and how we could help you, reach out today.

TEDDY THOMPSON
O 727.567.1122 | M 323.528.9977
teddy.thompson@raymondjames.com