Commercial Loans

Propel structures its commercial loans to meet the specific capital needs of each commercial customer -- whether long-term, short-term, or both. Therefore, Propel considers all types of financing options to help its customers achieve their financial goals.

Propel's commercial loans are not limited by size, geographic region, duration, or purpose.  As a well-capitalized private lender, Propel's major strengths are its lack of rigid underwriting criteria, its refusal to lump collateral into defined categories used by other commercial and private lenders, and its ability to fund loans quickly. 

Propel seeks to identify companies with the following characteristics:

• Potential to become market leaders
• Managed by talented, motivated individuals that Propel trusts, admires, and respects
• Experience in their particular industry
• Strong track record and/or financial projections 

Below are a few examples of the types of commercial loans that Propel has considered.

Operating and Growth Capital

Propel is eager to assist businesses in achieving their corporate goals or expansion plans. Propel can structure its loans to assist with a company's short-term capital demands or to help its customers grow their companies. For example, Propel can offer short-term interest-only loans to a company desiring to minimize debt service payments.  Likewise, Propel can provide long-term loans that include debt and equity components.

Commercial Mortgages

As a private lender, Propel offers unparalleled flexibility and timing to individual and commercial borrowers needing capital to purchase commercial property. Propel is able to provide businesses with capital to purchase a property in less time than it takes traditional banks to simply complete an initial application process. Moreover, Propel will structure its commercial mortgage loans to meet the specific needs of its borrowers through any number of different financing alternatives.