Meridian Bank Texas Loan Services

Traditional Loan Products

• Bridge loans
• Land acquisition loans
• Land development loans
• Residential construction loans/revolvers
• Commercial construction loans
• Letters of credit to support
  o Land development
  o Construction activity
  o Industrial revenue bonds
  o Economic development bonds
  o Taxable or tax-exempt bond financing
• Mini-perm financing
• Lines of credit

• Land acquisition, subdivision development, and home building
• Multi-family housing
• Retail projects-from small to regional shopping centers
• Industrial projects
  o Single-tenant and multi-tenant industrial
  o Warehouse, flex, and office-research buildings (R&D)
• Office projects
• Medical

• Revolving lines of credit
• Access funds at your convenience
• Easy access to line of credit funds using online banking
• Use for any business purpose:
  o Manage cash flow
  o Purchase inventory
  o Finance accounts receivable
  o Expand your business and finance company growth
  o Cover unexpected expenses
  o Meet seasonal, cyclical and fluctuating cash needs
• Receive monthly minimum payment notices, itemizing what you’ve borrowed and your available credit
• Typically secured by business assets
• $5,000 minimum loan amount
• Monthly payments on interest only based on a variable interest rate
• Loan balance is allowed to fluctuate

• Use for any business purpose:
  o Buy equipment or other fixed assets
  o Purchase or expand an office building
  o Acquire commercial vehicles
• Flexible repayment terms, ranging from one to five years for equipment and longer for real estate — terms depend on the useful life of the asset
• Maturity greater than one year
• Secured by company’s fixed assets
• Principal and interest are paid in regular installments
• $5,000 minimum loan amount

• Finance real estate in which a business owner will occupy at least 50% of the property
• Purchase, improve or refinance commercial property
• Invest for future growth
• Build equity and eliminate rent payments
• Long term financing
• Fixed or variable rates
• 85% maximum loan-to-value
• For owner-occupied properties ranging from $100,000 to $6.5 million
• Subject to standard underwriting, processing and documentation requirements
• Five-year term with 20-year amortization

• For businesses that import goods
• Guarantees payment to the exporter, provided the correct documents are submitted
• Helps businesses establish a strong buying reputation in today’s global market
• Types of Letters of Credit
  o Stand-by Letter of Credit – primarily used to assure payment to a beneficiary in the event the applicant fails to pay or perform
  o Commercial Letter of Credit – Primarily used to assure payment to an international or domestic seller of goods
  o Export Letter of Credit – used by U.S. exporters to ensure payment from a foreign buyer

• Provides financing for single family residential contract and speculative homes
  o Typical term is 12 months
  o Loan amount shall be 80% loan to value
  - 80% of appraised value, not to exceed 100% of costs (sticks and bricks)
  o Interest is paid monthly
  o Advances funded on a percentage of completion basis
  o Inspections are made by a qualified independent inspector for loans above $500,000 prior to loan advances during construction period.
  o Rate will be a variable rate tied to Wall Street Journal Prime
  o Standard fees include 1% origination fee, title binder fees, appraisal fees, flood certification fees, inspection and filing fees
  o Subject to standard underwriting, processing and documentation requirements

• Up to 70% loan to value, based on appraisal
  o This allows one year to build out and three years to sell
  o Releases are typically 90% of net proceeds
  o Interest can be paid on a quarterly basis
  o Appraisal, Phase One and title policy are required prior to closing
  o Inspections to be made by qualified independent inspector prior to loan advances during construction period
  o Subject to standard underwriting, processing and documentation requirements

• Revolving credits
• Reducing revolvers
• Loan size from $250,000 to $6.5 million with the capacity to underwrite, lead, or participate in larger credit facilities
• Treasury Management Service
• Letters of Credit

Marquette Equipment Finance provides real value through innovative equipment finance and lease products.

• Smart lease structures that maximize tax, accounting and cash flow benefits.
• Competitive pricing for transactions that meet investment criteria.
• Finance and lease solutions for all types of property and equipment, ranging from medical equipment and rolling stock to IT systems, including unique property such as software, maintenance and installation costs.
• Experienced in managing complex equipment installations involving multiple vendors, locations and equipment types.

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• Factoring – Turn your accounts receivable into cash
  o No waiting for payment on receivables
  o Marquette Commercial Finance can purchase select invoices and accounts receivable from your business
  o Gives you the immediate cash your business needs to finance new inventory and/or support rapid growth opportunities.
  o Maintain business equity without diluting ownership for working capital
  o Build strong supplier relationships and establish good credit
  o Reduce your operating expenses with credit and collection assistance
  
• Asset-Based Lending – offered through our affiliate Marquette Business Credit
  o Provides structured financing for manufacturing, distribution and service companies with capital needs not met by traditional bank financing
  o $5,000 minimum loan amount
  o Loans are typically for a three year term
  o Includes current assets as primary collateral
  o Trade territory included anywhere in the United States