PURPOSE: Designed for businesses with good track records that are expanding employment. Proceeds can be used: - To purchase, construct or renovate owner-occupied real estate. - To purchase businesses - For equipment financing   STRUCTURE: Typically a 50%First Mortgage, 40%  SBA Bond Guarantee and 10% Equity PROJECT SIZE: Up to $3,000,000. TERM: Up to 25 years.   RATE: Variable of Fixed Rates RECOURSE: Yes ORIGINATION FEE: Depends on loan size. REPORTS: Require appraisal, structural engineering and environmental reports. LOAN TO VALUE: 85-90%.   DCR: 1.25   RATE LOCK: At time of closing.   PREPAYMENT: Negotiable   BENEFITS: - Does not interfere with any existing Bank lines of credit - Greater flexibility and less restrictive loan conditions than conventional ban loan