Conventional Loan

The “SBA Alternative” 

Our Conventional loan program is the perfect alternative to the SBA 504 loan.

Ready to Move Your Business Forward?

Conventional Loans

The “504 Alternative” 

Our Conventional loan program is the perfect alternative to the SBA 504 loan.

Ready to Move Your Business Forward?

What can a Fountainhead Conventional Loan be used for?

Our conventional loan program is very similar to the SBA 504 loan and is primarily used for purchasing owner occupied commercial real estate. Additionally, when our conventional loans are used for refinancing, we frequently provide cash out funds to our new clients.

Ready to get started?

APPLY NOW

What can a Fountainhead Conventional Loan be used for?

Our conventional loan program is very similar to the SBA 504 loan and is primarily used for purchasing owner occupied commercial real estate. Additionally, when our conventional loans are used for refinancing, we frequently provide cash out funds to our new clients.

GET STARTED

How to Apply

01- Apply

Fill out our quick application and upload some basic documents, and our Pronto software will go to work on issuing you an approval in less than 2 hrs.

02- Connect

Once you’ve received your approval, one of our Loan Specialists will reach out and walk you through next steps.

03- Fund

After everything is reviewed and approved you’ll be on your way to creating wealth and growing your business.

Frequently Asked Questions

Who is Eligible for the Fountainhead Conventional Loan?
  • For-profit, non-publicly traded businesses
  • Tangible business net worth (including affiliates) not to exceed $15 million
  • Average net income of the business not to exceed $5 million over the previous two years
  • Ownership must generally be comprised of 51% U.S. citizens or Legal Permanent Residents (some exceptions apply)
Who is NOT Eligible for the Fountainhead Conventional Loan?
  • Non-profits (except sheltered workshops)
  • Passive holders of real estate and/or personal property
  • Lending institutions (mortgage brokers and correspondent lenders are eligible)
  • Life insurance companies (franchised agents are eligible)
  • Businesses located in a foreign country
  • Businesses selling products or services through a pyramid plan
  • Gambling concerns
  • Businesses which restrict patronage
  • Government owned entities (excluding Native American tribes)
  • Consumer and marketing cooperatives (producer cooperatives are eligible)
  • Businesses engaged in loan packaging
  • Businesses that have previously defaulted on a Federal loan
  • Businesses engaged in political or lobbying activities
What Types of Properties does Fountainhead Finance?
  • Medical offices or medical facilities (such as labs and clinics)
  • Office buildings (including office condos)
  • Warehouses (and other industrial properties)
  • Day care facilities (for children or adults)
  • Free-standing restaurants
  • Limited-service, flagged hotels (some unflagged destination hotels will be considered)
  • Auto repair shops
  • Assisted-living facilities
  • Call to ask about many other property types that are eligible

Conventional Loan

Frequently Asked Questions

Who is Eligible for the Conventional Loan?

 
  • For-profit, non-publicly traded businesses
  • Tangible business net worth (including affiliates) not to exceed $15 million
  • Average net income of the business not to exceed $5 million over the previous two years
  • Ownership must generally be comprised of 51% U.S. citizens or Legal Permanent Residents (some exceptions apply)
Who is NOT Eligible for the Conventional Loan?
  • For-profit, non-publicly traded businesses
  • Tangible business net worth (including affiliates) not to exceed $15 million
  • Average net income of the business not to exceed $5 million over the previous two years
  • Ownership must generally be comprised of 51% U.S. citizens or Legal Permanent Residents (some exceptions apply)
What Type of Properties does Foutnainhead Finance?
  • Medical offices or medical facilities (such as labs and clinics)
  • Office buildings (including office condos)
  • Warehouses (and other industrial properties)
  • Day care facilities (for children or adults)
  • Free-standing restaurants
  • Limited-service, flagged hotels (some unflagged destination hotels will be considered)
  • Auto repair shops
  • Assisted-living facilities
  • Call to ask about many other property types that are eligible