Lender Package Generator

3225 E 124th Avenue - Thornton

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SBA 504 Loan

Long-term, fixed-rate financing through CDC partnership

Processing: 60-90 days

10-25 year term, fixed rate, 10-15% down

New to commercial lending? Click here for a quick reference guide

Key Metrics Lenders Check

DSCR - Can you afford the payments? (Need 1.25x+)
LTV - How much are you borrowing vs property value?
NOI - Your profit before loan payments
Credit Score - Your personal creditworthiness (680+)

Loan Types Explained

SBA 504/7(a) - Government-backed, lower down payments
Bank - Traditional, faster but higher down payment
Credit Union - Often better rates, membership required
Private - Highest rates, fastest approval

Tips for Success

Higher DSCR = easier approval
Lower LTV = better rates
Strong NOI projections are critical
Hover over any icon for help!

Lender Requirements Check

Requirements Need Attention

Credit ScorePersonal Credit Score (FICO)Your personal creditworthiness score (300-850). Most commercial lenders want 680+ for approval. SBA loans typically require 650+. Higher scores get better interest rates.

720

Required: 650.0000

DSCRDebt Service Coverage RatioMeasures your ability to pay the loan. Calculated as: NOI ÷ Annual Debt Payments. A DSCR of 1.25x means you earn $1.25 for every $1.00 of debt payment. Lenders typically require 1.20-1.35x minimum.

1.4x

Required: 1.1500x

Debt YieldDebt Yield PercentageMeasures the lender's return if they had to take over the property. Calculated as: NOI ÷ Loan Amount × 100. A 10% debt yield means the property generates 10% of the loan amount annually. Minimum is usually 8-10%.

10.0%

Required: 0.0800%

LTCLoan-to-Cost RatioThe loan amount compared to total project cost (including improvements). Calculated as: Loan Amount ÷ Total Project Cost × 100. Important for development projects where you're adding value.

65.0%

Required: 0.9000%

LTVLoan-to-Value RatioThe loan amount compared to the property value. Calculated as: Loan Amount ÷ Property Value × 100. An LTV of 70% means you're borrowing 70% and putting 30% down. Lower LTV = less risk for lenders.

70.0%

Required: 0.9000%

Adjust Financial Metrics

Loan Amount

DSCR Debt Service Coverage RatioMeasures your ability to pay the loan. Calculated as: NOI ÷ Annual Debt Payments. A DSCR of 1.25x means you earn $1.25 for every $1.00 of debt payment. Lenders typically require 1.20-1.35x minimum.

LTV % Loan-to-Value RatioThe loan amount compared to the property value. Calculated as: Loan Amount ÷ Property Value × 100. An LTV of 70% means you're borrowing 70% and putting 30% down. Lower LTV = less risk for lenders.

Projected NOI Net Operating IncomeYour property's profit before debt payments. Calculated as: Total Revenue - Operating Expenses (not including loan payments). This is the key number lenders use to determine how much you can borrow.

Credit Score Personal Credit Score (FICO)Your personal creditworthiness score (300-850). Most commercial lenders want 680+ for approval. SBA loans typically require 650+. Higher scores get better interest rates.

Industry Benchmarks Comparison

Metric	Low	Average	High	Your Value
absorption rate(Balanced)	0.0500percentage	0.0650percentage	0.0800percentage	-
absorption rate(Competitive)	0.0300percentage	0.0400percentage	0.0500percentage	-
absorption rate(Undersupplied)	0.0800percentage	0.1000percentage	0.1200percentage	-
average stay months(RV/Boat)	24.0000months	30.0000months	36.0000months	-
average stay months(RV/Boat)	36.0000months	42.0000months	48.0000months	-
average stay months(RV/Boat)	18.0000months	21.0000months	24.0000months	-
cap rate(Development)	0.0750percentage	0.0850percentage	0.0950percentage	6.8%
cap rate(RV/Boat)	0.0500percentage	0.0575percentage	0.0650percentage	6.8%
cap rate(RV/Boat)	0.0700percentage	0.0800percentage	0.0900percentage	6.8%
cap rate(RV/Boat)	0.0600percentage	0.0675percentage	0.0750percentage	6.8%