Loan amount
$2M-$25M
Loan-to-value (LTV)
75%
Required credit score
600
Required deal experience
1 deal
Rates
Construction: WSJ Prime + 1% - 2%
Perm: 5 yr Treasury + 4.5% - 6%
Fees
1% origination
2.4% USDA Fee
Address
1801 N Minnesota Street, Mitchell, SD
About
Pathward provides loans to businesses in rural communities (population 50k or less generally). Purchase, construction, renovation, expansion, M&E, working capital. No residential/multifamily housing.
States
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