Startup or Acquisition
Market-ready startups, business acquisition or partner buyouts.
Working Capital
Purchase order and inventory financing.
Equipment
Purchase or rehabilitation of equipment.
Commercial Real Estate
Purchase, retrofit or improve real estate.
Debt Restructuring
Term-out or consolidate short- or long-term debt.
Project Financing
Commercial construction, gap and bridge financing and term loans.
Loan Size
Typically, $25,000 to $3,000,000, although we can do smaller or larger loans in certain situations by utilizing a USDA Loan Guarantee
Rates
Fixed rates starting at 8.00%
Fees
2 percent plus closing costs 1 percent plus closing costs for nonprofits
Term
3 to 7 years - longer amortizations are possible
Repayment frequency
Case-by-case, though we’ve made loans with:
Interest Type
Security / Guarantees
We offer both secured and unsecured loans. In many cases, we will require a personal guarantee from you or a guarantor.
For some loans, Craft3 may opt to utilize the USDA Business & Industry and SBA Community Advantage loan guarantee programs.
Climate change is one of the paramount challenges of our time. Confronting it requires investing in clean technology businesses and projects that save energy or water, produce renewable energy, manufacture sustainable products and recycle and waste management.
Clean Technology Loan