Commercial Real Estate Lending: Guidelines

What do we do?  What don’t we do?  What do we require to ensure a smooth lending process?  This page should point you to the answers.  However, if there’s anything we didn’t address, please contact us directly at 213.542.5232 or sales@agricap.com.

We look at various types of structures for this type of financing and are creative and collaborative in our approach.  However, we specialize in loans with the following guidelines:

  • Lending area:  Nationwide, with focus in AZ, CA, CO, ID, MT, NV, OR, UT, WA, WY
  • Property type:  Agricultural (farm, ranch, crop, vacant land, etc.)
    • Property must be income producing, with annual sales of $5 million or more
    • Annual sales: $5 million to $100 million
  • Loan amount:  $500,000 to $10,000,000
  • Documentation:  verfied assets and income; no stated-income please
  • Prepayment:  No prepay penalties
  • Terms:  36 month to 20 year
  • Debt Service Coverage: 1.25:1 or better
  • FICO:  650+
  • LTV:  65%
  • Lender points:  Varies

Real Estate Lending Territories
 

Agricap Sales Regions

General Sales
213.542.5232, sales@agricap.com
California loans will be made pursuant to Department of Corporations California Lenders Law License