pathway lending - loan product catalog 2014

2014 Loan Product Catalog

Products & Services That Move Business Forward


Pathway Lending is a distinctly different kind of lender. We are a non-profit, mission-driven organization that has a determination to help with respect for all. We align capital and education with opportunity to create change in Tennessee.

We are a Solutions Provider dedicated to supporting all Tennessee businesses, no matter their location, industry, or capital needs. We deliver on this commitment with a broad product portfolio, statewide offices, and a knowledgeable and reliable staff.


Making A Difference Since 1999

As Tennessee’s largest Community Development Financial Institution, Pathway Lending plays an important role in providing loans and education to underserved businesses, often offering the only accessible or affordable source of capital in low, moderate, or otherwise economically isolated communities.

More Than $93 Million in Loans Made to Tennessee Businesses

Pathway Lending provides term loans, lines of credit, and accounts receivable financing developed to meet a wide variety of business needs, including starting, buying, or expanding a business; purchasing, constructing, or rehabbing real estate; implementing energy efficiency or renewable energy projects; buying equipment; providing working capital; and purchasing inventory. These products help businesses grow through flexible features, including higher loan-to-value ratios (to 100%), longer terms and amortization periods, less reliance on historical performance and more reliance on pro-forma financial statements.


What businesses do with a Pathway Lending loan…

Acquisition of Commercial Real Estate

Building Expansion & Rehabilitation

Industrial Process Improvements

Accounts Receivable & Purchase Order Financing

New Production Equipment

Working Capital To Support Growth

Energy Efficiency & Renewable Energy Projects

Refinance Commercial Real Estate

Low-Income/Multi-Family Housing Projects

Personalized Advice & Consulting

Finance Inventory & Process Inputs

Buying An Existing Business


Ideal for…businesses who have a variety of capital needs but also need a certain amount of flexibility to grow their business. With accessible and affordable rates, our term loans help stabilize your business by providing you with a smart way to build your assets and taking on new opportunities.

Term Loans Range: $5,000 - $100,000

Term: Up to 5 Years

Rate: Competitive Market Rates

Collateral: Typically required

Financials: 2 years business financials

At Pathway Lending, we work hard to understand your business and your needs as we craft the right financial solution. Our term loans provide a smart, affordable, and flexible way to fuel growth in your business. They generate liquidity within your operations and help you invest in activities that help your business grow and achieve more success.


Ideal for…business owners who want to finance the purchase of a building or refinance one they currently occupy. Pathway Lending’s real estate loans are a perfect solution for a variety of financing needs. Properties that are as little as 10% owner-occupied can take advantage of extended amortization periods and higher loan to value ratios.

Real Estate Loans Range: $20,000 - $2,500,000

Term: Up to 10 Years

Up to 25 Year Amortization

Rates: 5.5% - 7.50%

LTV: Up to 100% Project Financing

Collateral: 1st Mortgage

The Pathway Lending real estate loan is one of the most cost-conscious products on the market. It can reduce burdensome monthly carrying costs no matter if you own or rent your space. Its higher loan to value ratios and extended amortizations will reduce both your up front and on-going real estate expenses. And, refinances can provide cash out solutions that allow you to make investments back into your business.


Ideal for…a wide range of businesses, from small shops to major supply chain manufacturers who want longer terms and higher loan to value ratios to keep cash on hand for other business needs. Pathway Lending’s equipment loans help businesses keep cash in their pocket while getting them the financing they need to purchase equipment.

Equipment Loans Range: $20,000 - $1,000,000

Term: Up to 10 Years

Rate: As low as 7.50%


Collateral: Required


Having cash on hand is especially important when your business is financing growth activities. This is why Pathway Lending’s equipment term loan is an essential product for growing businesses. It provides you with the best of both worlds, letting you purchase new equipment while saving cash for other growth investments.


Ideal for…fast growing businesses that need to infuse cash into their business by leveraging accounts receivable. Pathway Lending’s receivable financing program provides your business with a seamless injection of cash. It works with you to meet your changing needs and help you continue to grow.

Receivable Financing Range: Based on A/R balance

Term: 1 Year with renewal option

Rate: Competitive market rates

Collateral: Required


Pathway Lending’s receivable financing product immediately unlocks your accounts receivable and provides you with capital to grow your business. This flexible source of capital helps businesses experiencing rapid growth purchase materials, pay vendors, and cover operating expenses to take on new and larger accounts.


Ideal for…businesses that want to save money on utility costs and invest the savings elsewhere. Pathway Lending’s energy efficiency loan program provides a unique source of capital to all commercial and non-profit businesses to help them improve the performance of their buildings, save money, and become more competitive among their peers.

Energy Efficiency & Renewables Range: $20,000 - $5,000,000

EFFICIENCY RENEWABLES

Term: 5 Years 10 Years

Rate: 2.00% 5.00%


Collateral: Typically Required

Pathway Lending’s energy efficiency loan program helps businesses overcome the upfront cost barriers associated with implementing energy projects. With up to 100% project financing, project design and installation costs are covered. Take advantage of this low-cost capital to improve your facility’s performance now and enjoy the financial benefits for years to come


Ideal for…developers of low-income multi-family housing who need long-term, permanent first mortgage financing for LIHTC awarded projects. Multi-Family housing developers now have access to a new source of capital to acquire, construct, rehabilitate, or refinance LIHTC award projects in communities across Tennessee.

Low-Income Multi-Family Housing Loans

Range: Starting at $200,000

Term: 15 Years

30 Year Amortization

Rate: 5.25% Re-pricing may occur at yrs 6 & 10

LTV: Maximum 80% loan to value

Collateral: First Deed of Trust/Mortgage

With lower rates and longer terms, Low-Income Multi-Family Housing loans improve project financial performance and help more communities provide safe, decent, and affordable housing. This attractive and reliable source of long-term financing for affordable multi-family developments is designed to facilitate project development by expediting the financing process.

Contact Us: Online: www.PathwayLending.org

By Phone: 615-425-7171 By Email: [email protected]

pathway lending - loan product catalog 2014

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