Pennington Consulting Group

Pennington Consulting Group.

800.910.3570

INFO@PENNINGTONCONSULTINGGROUP.COM

What does my client qualify for????

This is a very common question! It is the confusing maze of funding options available to
businesses of all sizes, and at all stages of development including start ups. Our knowledge,
lending partners & years of combined experience in the lending industry, that enables us to help
clients to quickly gain the cash assets they need to move their business projects forward. Lets
get to the point! Were here to help you get your clients the funding they needs & also help you
close more deals! After all, youre not in business for your health right?
There only 4 ways to obtain funding for any business. 1. Credit based, 2. Revenue based, 3.
Asset based, & Finally 4. Private money. We offer all these funding options here at Pennington
Consulting Group. We are experts in analyzing the facts and determining which one of the
paths mentioned will help the client reach their objective. (Details of each option below.)
1. Credit Based" funding. This is the most common and quickest form of business funding,
and conversely, it is the most abused and misused form. Pennington Consulting Group will help
you to properly develop and utilize your Credit Based options, in the methods most
advantageous toward helping you reach your goals. In addition our Unsecured Business Line
(UBL) Program also:
Pennington Consulting Group Unsecured Business Lines (UBL) Program Benefits:
A) Build Business Credit: None of the UBL will report on the client personal credit
report, the lines will only report on the business credit report. This helps in building
the business credit profile, so that in the near future the business no longer has to
depend on the owners personal credit for future financing needs.

B) Increase DTI: Since the Unsecured Business Lines only report on s business credit
profile, It will not affect the clients personal Debt to Income Ratio (DTI).
C) Flexibility: We offer 6-12 Months of 0% Interest on all newly established lines, in
addition the account is a revolving line, which means the business will always have
access to the available credit anytime they need to. Plus unlike a loan the borrower
only pays on the amount used which allows the borrower to focus on profits.
NOTE: Did you know that Pennington Consulting Group will help guide you through the process of setting up a separate business credit score...free of charge?



There Only 4 Factors in Qualifying for our UBL program (Keep in mind we have a solution for each factor).

1. Derogatory Items: Lates, Collections, ChargeOffs, Tax Liens, Judgments, & Bankruptcies. Depending on
how much effect the derogatory item has on your credit profile, also based on your funding goal, we will make a
decision if the item must be removed before you can qualify for our Unsecured Business Line Program. We offer
a Credit Consulting Services to help those clients with damaged credit.
2. Utilization: Calculation is based on the total balances divided into the total limits of all your revolving accounts. Based on the age
of your file we figure out what your target Utilization should be.
3. Age of File: We require that our clients MUST have at least a 25 year Age of file based on the oldest account reporting on your
credit profile. (Please see the charge below)
Age of File
Target Utilization
59 Years
1014 Years
1520 Years
>20 Years

1014%
1519%
2024%
2530%

This is just a guide, sometimes there are exceptions.

Please look over your Evaluation Report for Target Utilization. (WE DO LOOK AT COMPESATING FACTORS)

Inquiries: Of course, inquiries are just not a good look and this is about 10% of what FICO Score Algorithm evaluates. And what we
have seen, based on our experience working with our past clients, more than 6 inquiries per bureau within the last 612 months must
be removed before we can get started.

2."Revenue Based" funding. Perhaps the simplest form of attaining funding for an existing business, its proper utilization is
often neglected or grossly miss-managed. Our program is simple, if the business has revenue we fund 8%-15% of the business
annual revenue. In addition our Revenue Based funding program also offers:
Pennington Consulting Group Unsecured Business Lines (UBL) Program Benefits:
A) No Credit Score Requirement: even though this program is not credit based, credit is looked at as a compensating
factor and a way to evaluate risk.

B) Credit Reporting: We have options with some lenders were they will not report the loan to personal or business credit.
C) No UCC Filing (Uniform Commercial Code): AS most business loans require UCC Filing some of our lenders do
not file a UCC under the business.

D) Pre-Payment Penalties: None of our revenue based loan programs have a pre-payment penalty.
NOTE: When Pennington takes on a client, we don't just work to help that client receive the cash assets, we help our clients develop the best
strategies for using and paying back those cash assets.

PENNINGTON REVENUE BASED LOAN REQUIREMENTS

LOAN LIMITS

5,000 - $1Mil (NON SBA / NOT A CASH ADVANCE TRUE BIZ LOAN)

LOAN TYPES

Any business related loan that will contribute to the growth and
expansion of the business within its industry.

MAXIMUM LTV
BUSINESS TYPES
ELIGIBLE LOCATIONS
COLLLATERAL
CREDIT PROFILE
INTEREST RATE
TERM/AMORTIZATION

No LTV Requirement (cash-flow based loan)

Most Businesses Considered
Nationwide (all markets considered)
Business Assets and Personal Guarantee/s (no real estate collateral)
551 Minimum Credit Score (Restaurants /Retail/Medical /Hotel or Motels)
600 Minimum Credit score (Other businesses)
Additional Credit Requirement (no foreclosures, current bankruptcies,
back taxes, pending lawsuits or judgments)
7.99% - 24.99%+(risk based)
1- 5 Years

LOAN POINTS

10% (negotiable based on loan amount)

PREPAY

Minimal based on risk Non in Most cases

UNDERWRITING

CLOSING TIMEFRAME
THIS PROGRAM IS
NOT

The
Pennington Consulting
Group Difference

Business must have 2 or more full time employees

Business must have a physical (non-home) office
Business cash-flow must be able to service the loan payments
Loans generally fund 5-10 business days from application
This is NOT a merchant cash advance, factoring or credit-card
processing loan. This is a cash-flow based loan secured only by the assets
of the business and based on risk, borrower might have to personally
guarantee the loan.
Nationwide Program
FAST Closing within days.
Most Businesses Considered
NOT a cash advance; a true bank loan with benefits
Closings in 5-10 Business Days

Our goal is to help you reach your goal

Office:1001WWalnut,RogersAR72756|Email:info@penningtonconsultinggroup.com|TollFree:800.910.3570

3."Asset Based" funding. Surprisingly, this may be the most widely utilized way
to borrow money for real estate, & business acquisitions. And it is also commonly
abused and misunderstood. Let Pennington Consulting Group assist you to
properly structure & develop advantageous options for your current or next project.
Give us a call today and lets discuss your current scenario:

4. Private Money: is a commonly used by

finance professionals. It refers to lending
money to a company or individual by a
private individual or organization. While
banks are traditional sources of financing
for real estate, and other purposes, private
money is offered by individuals or
organizations and may have nontraditional
qualifying guidelines. If the deal makes
sense then our lenders will fund it.

Call us TODAY & let our experienced consultants help you or your client structure you next deal.

ELIGIBLE OCCUPANCY
LOAN SIZES
PROPERTY TYPES

CONVENTIONAL (SMALL BALANCE)

Prime
Alternate
Owner
Investor
Owner/Investor
$250K$250K- $10M+
$100K- $5M+
$10M+
Office, Retail, Mixed-Use,
Multifamily (5)
Commercial Condos,
or More Units,
Industrial, Warehouse, SelfMixed-Use,
Storage, Auto-Service, Funeral Retail, Office,
Home, Day-Care, Franchise
Commercial
Restaurants, Assisted Living.
Condos,
Warehouse,
Light Industrial.
Purchase,
Purchase,
Purchase,
Refinance,
Refinance,
Refinance,
Cash-Out
Cash-Out
Cash-Out

SBA
504 (Owner)
$500K- $10M+

No restricted property types

except Multifamily and Land.
Business only loans are
available under the SBA 7(a)
program from $50K to $350K (No
real estate collateral required or
allowed).

Multifamily (5) or
More Units,
Assisted Living,
Student Housing,
Healthcare.

Purchase,
Refinance,
Working
Capital, Rehab
Yes
None
No
80-90%
Yes
4.25%- 8.22%+
Quarterly Adj.,
5, 10, 25
10, 25
Declining
Nationwide, all
50 States
1.25x
Full

Purchase,
Refinance, CashOut, Rehab,
Construction
No
680
No
80%
No
3.75%- 5.0%+
Quarterly Adj., 5,
7, 10, 15, 30, 35,
40
30, 35, 40
Various
Nationwide, all
50 States
1.00x- 1.45x
Non-Recourse

CROSS COLLATERAL
CREDIT MINIMUM
FOREIGN NATIONALS
LOAN-TO-VALUE
SUBORDINATE LIENS
INTEREST RATES
TERM (YRS.)

No
680
No
65%
Yes
4.0%- 7.0%+
1, 3, 5, 10

No
680
No
65%
Yes
4.0%- 7.0%+
1, 3, 5

Yes
None
Yes
75%
Yes
3.875%- 8.5%+
3, 5, 7, 10, 15,
20, 25, 30

Purchase,
Construction
(start-ups in
CA only)
No
None
No
80-90%
Yes
4.25%- 8.22%+
Quarterly Adj.,
5, 10, 25

AMORTIZATION (YRS.)
PREPAY PENALTIES
ELIGIBLE LOCATIONS

20, 25
Various
Nationwide,
all 50 States
1.20x
Full

20, 25
Various
Nationwide, all
50 States
1.40x
Full

15, 20, 25, 30

Declining
Nationwide, all
50 States
1.15x
Full or Non Rec

20, 25
Various
Nationwide, all
50 States
1.20x
Full

LOAN TYPES

DSCR MINIMUM
RECOURSE
Other Loan Programs: Ask

Foreign
National
Loans

SBA Business
Loans

AGENCY/CONDUIT
FNMA/HUD
7(a) (Owner)
Investor
$50K- $5M+
$500K+

FNMA to
$500k

CMBS
Owner/Investor
$5M+

PRIVATE/HARD MONEY
Non-Conforming
Bridge
Owner/Investor
Owner/Investor
$50K- $500K+
$500K+

Multifamily (5)
or More Units,
Office, Retail,
Industrial,
Hospitality,
Self-Storage,
Mobile Home
Parks.
Purchase,
Refinance,
Cash-Out

Investor SFRs and

Multifamily (2+) Units,
Office, Retail, Mixed-Use,
Commercial Condos,
Industrial, Warehouse,
Self-Storage, Auto-Service,
Funeral Homes, Day-Care,
Mobile Home Parks.
Purchase, Refinance, CashOut, Rehab

No restricted property
types except owner
occupied SFRs and
Multifamily 2-4 Units.

No
640
Yes
75%
No
4.5%- 6.0%+
5, 10

Yes
600
No
65%-90%
Yes
9.5%- 12.25%+
5, 15, 25

Yes
None
Yes
80%
Yes
6.5%- 15.0%+
1, 1.5, 2 (longer caseby-case)

20, 25, 30
Various
Nationwide, all
50 States
1.25x
Non-Recourse

15, 25
Declining
Nationwide, all 50 States

Interest Only
None
Nationwide, all 50
States
N/A
Full or Non Rec

1.25x
Full

Purchase, Refinance,
Cash-Out, Rehab

Stated
Loan
Program

This document is a demonstration of terms available and is not a loan commitment or guarantee of financing. The terms outlined above are estimates and subject to change. PCG is a wholesale commercial real estate
finance company and commercial mortgage broker resource, this document is for commercial finance professionals only and not for retail distribution.

Preferred Hard Money Program

Brian Otieno
Phone: 800.910.3570
Direct: 479.445.5805

brian@penningtonconsultinggroup.com

Our goal is to help you reach your goal

3 Year Fixed Rates

Loan To Value

Investor 1- 4

Traditional I

Traditional II

Non-Owner Occupied
SFR, Condo, 2-4 Unit

5+ Unit Multifamily & Mixed-Use

Office, Retail, Warehouse, Self-Storage,

Automotive Service (no gas stations)

Max 75% *

Max 65%

7.49%
7.75%

7.99%
8.49%

Max 70% *
7.49%
7.99%

FICO 700
FICO < 700

5 Year Fixed Rates

Loan To Value

Investor 1- 4

Traditional I

Traditional II

Non-Owner Occupied
SFR, Condo, 2-4 Unit

5+ Unit Multifamily & Mixed-Use

Office, Retail, Warehouse, Self-Storage,

Automotive Service (no gas stations)

Max 75% *

Max 65%

8.49%
8.75%

8.99%
9.49%

Max 70% *
7.99%
8.49%

FICO 700
FICO < 700

Rates & Terms

Loan Amounts... $100k - $5MM (Investor 1-4 Max loan amount $2MM)
Rebates 1 Point Broker Rebate = .50% add-on to rate (Maximum Rebate 2%)
Amortization/Term 30 year fully amortizing / 30 year loan (Call for other amortization options.)
Index / Margin / Cap WSJ Prime + 4%. Rate Caps = 2/1/6
Prepayment Penalty. Equal to fixed period (Minimum Prepay = 1 year)
1-6 residential units in NJ = no prepay, add 1% to rate
Prepayment Buydown(s) Investor 1-4: 1 year buydown add 1.00% to start rate
Tradational I&II: 1 year buydown add .50 to start rate OR 1% in fee
Rate Buydown 1 pt. fee = .50% rate reduction (Maximum 1%) | Minimum Rate 6.49%
Loans < $750K add 50 BPS to the above mentioned rate (traditional I & II Only)

*
General Guidelines

LTV Limitations.

FICO < 700, max LTV is 70%, Investor 1-4 loans > $1MM = 65% max LTV

Lending Locations Nationwide

Income Verification..
Simple Documentation
Credit Score.650 Minimum
CLTV. 80% Maximum CLTV
Broker Fees... You may charge up to 5% of the loan balance (origination + rebates ok)
1st Time Buyer, Investor, Free/Clear reduce maximum LTV by 5%

Assumability... Loans are assumable at Lender's discretion - 1% fee

Impounds.... Required for property taxes & insurance.
Appraisal Process & Fee Contact your Loan Officer to hear about our streamlined process and cost
Ineligible Locations...Contact your Loan Officer for details
Matrix Date 07/01/14

For more information or to submit a loan request, please call 800.910.3570

Pennington Consulting Group | 1001 W Walnut, Suite 4 | Rogers, AR 72756

All rates, programs and pricing subject to change at any time. This rate sheet is intended for use by mortgage professionals only and is not an advertisement under section 226.24 of
Regulation Z, and is not intended for use by the general public.. 2014 PCG, LLC. All rights reserved.

Unsecured Business Lines

(STATED INCOME)

$50K-$100K+ or More
No Collateral required
No financial or tax returns
We work with damaged Credit
No restrictions on use of funds
Funding in 10-15 days.
Helps build business credit.
Not reported on personal credit.
Use funds for Inventory.
Real Estate Purchase.
Use funds for Working Capital.

Equipment Financing
48 Hour Approval
100% Financing
Fixed Monthly Payments
Simple Documentation
Funding From $5K- $2M
Build Biz-Credit
Preserve Working Capital
Typical Items Financed:
Furniture, Fixtures, Millwork
Computers, POS System
Vehicles, Spa, Salon, Tools
Heavy Machinery & etc

Traditional Business Line

(FULL DOC)

Perfect for existing business

Minimum of 2 years in business
Loan amounts of $50K-$100M+
Tax returns Required
6 Months Recent Bank Statement
Competitive Rates
Get to choose your financing option
from lender list.
Perfect for Acquisitions
Fast Underwriting
Choose your interest rate program.
Commercial Biz Loans Available

Merchant Cash Advances

No restrictions on use of funds

Does not report to credit report
Flexible payment terms
Is a cash advance on the business
revenue?
Instant Approval
200% of your monthly income
Funding in 3-5 days.
No early repayment penalties
No late fees.
80%+ Applications approved
No Liens, No collateral

Credit Consulting Services

We specialize in removing inaccurate:

Tax Liens
Judgments
Charge Offs
Collections
Late Payments
Repossessions
Settlements
Inquiry Removal
Bankruptcies
Medical Bills
A FRESH START.

Purchase order Financing

Secured by UCC-1 filing

65%-80% of the P.O
Amount of line expands as
the collateral base volume
increases
No discount fees
Sales Vol-Min $50K
Any business could qualify.
Also for business who are
currently in Chapter 11 BK