Fox Commercial Funding
Fox Commercial Funding

Fox Direct Capital Street Program

Loan Amount:
$100,000 and up for Business and Equipment,
$500,000 and up for Commercial Real Estate.

Credit score:
650 or Better

Revenue Calculation:
Trailing 12 Months

Expense Calculation:
Historical
Projections, Proforma



Interest Rates & Terms:
7-20 Years Fixed, 20-30 Year Amortization (depends on property condition)

Reserves (Real Estate Loans only):
Reserve accounts to be set up for taxes, insurance, capital improvements, deferred maintenance


Documents required to provide a Quote & Receive a Letter of Interest/Term Letter (Real Estate only):
  1. Three years tax returns (corporate & individual)
  2. Three years financial statements (corporate & individual)
  3. Environmental transaction screen report (Fox will provide)
  4. Property condition report (Fox will conduct)
  5. Blank standard form lease
  6. Last three years operating statements
  7. Current income and expenses, ytd.
  8. Current rent roll
  9. Legal description of property - Deed
  10. Summary Memorandum (Fox will provide)
  11. Management contract (if available)
  12. Last 3 year capital expense history
  13. Three year capitol improvement budget (if applicable)
  14. Occupancy permit(s) or tax card
  15. Signed credit report authorization
  16. $100.00 check for credit report
  17. Resume
Amortization Adjustments
Fox Commercial Financing, LLC Bridge Loans on Homes