General Terms - For Jean Coutu Eckerds
Minimum Loan Amount: Generally $2 million
Loan Terms: 10 years (5, 7 and 10 year Interest-only also available)
Amortization: 25 to 30 years
Maximum LTV: Typically 65% to 80%
Pricing: Priced at a "very competitive" spread over the 10-year Treasury (fixed rate)
Liability: Non-recourse
Assumable: Yes
Sales Figures: Please provide sales figures for locations that are currently open
We have several programs to choose from for CVS Corp. stores. For more information, please review our CVS programs at the following web link:
CVS Loan Programs: http://www.martin-capital.com/ctl/cvs.html
Feel free to send any deals over. We will need a detailed summary of the lease and a property description in order to provide a formal quotation. Once again, If it is an existing store, please provide sales figures. If you have any additional questions, please feel free to let me know.
Craig Williams, President
Martin Capital Group, LLC.
454 Holland Road
Benton, KY 42025
270-354-6394 *Office
270-703-8507 *Cell Phone
786-513-3934 *Fax
(E-mail) mailto:[EMAIL PROTECTED]
(Web) http://www.martin-capital.com
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