Small Business Loans

United Texas Bank Is Offering a Special Small Business Loan Program for
Minority and Woman Owned Small Businesses and Small Businesses Located in Low and Moderate-Income Areas in Dallas, Denton, and Collin Counties

• Rate: Wall Street Journal Prime + 0, floating.
• Only $100 Origination Fee.
• Interest is payable monthly, with principal and interest due at maturity.
• 12-month term.
• Unsecured in most cases.
• If needed, a minimum liquidity covenant will be determined upon credit
  review.
• The requirement to reduce the line to a -0- balance during the 12-month
  period is waived. Note that when the line matures, it may be converted to a
  Working Capital loan with a term payout.
• A small business checking account at UTB is required. The minimum
  opening balance and the daily minimum balance will be waived while the
  line of credit is in good standing. (This will be a low-cost bank account for
  customers who may have never had a or had difficulty managing a bank
  account previously.)

• Rate: 2-5 year treasury + 3.5% depending on the term of the loan, the rate
  will be fixed when the completed application is received.
• The terms and repayment are summarized below:
• Working Capital: The term is typically 2 years with a full principal and
  interest repayment within the 2-year term.
• Equipment financing: Typically, 5 years principal and interest amortization
  as long as the life of the asset exceeds 5 years. Secured with up to 100%
  financing.
• Owner occupied commercial real estate financing up to 5 years with a 25-
  year amortization. The minimum upfront equity is 10%. The Bank will
  finance the lower of 90% of the Project Cost or 90% LTV.
• Investment property can be used to secure a term loan. The pricing is
  subject to the term of the loan not to exceed 5 years. The amortization is
  not to exceed 25 years. Note that attorney fees will be incurred for real
  estate secured loans.
  

• Sole Proprietor
  
• Partnership
  
• Limited Liability LLC
  
• C Corp
  
• S Corp
  
• Non-Profit
  
• Professional Association
  

• Business Loan Application - Small Business Banking
  
• Entity Documents (see Required Documents for Entities for the list of documents needed for each entity)
• Certificate of Good Standing (obtained by Bank during the application process)
  
• Completed Beneficial Ownership form
  
• Two years of personal tax returns
  
• Most recent interim financial statement
  
• Account receivable and account payable aging report for the business
  
• Most recent personal and business bank statements
  
• 1 year of business tax returns
  
• Personal financial statement
  
• Two current forms of identification (one form must be a driver’s license)
  
• Completed credit report authorization form
  
• Detailed statement of how the loan funds will be used