Lending Program
CINC Capital lends to Community Association Management (“CAM”) companies exclusively, and therefore, our specialty. The lending program’s sole purpose is to provide capital enabling association management companies to grow by acquisition, buyout partners or refinance acquisition debt.
Use of Proceeds
Acquisition of Community Association Management company
Partner Buyout
Refinance of acquisition debt
Up to $1,000,000
Interest Rates
Fixed
Varies depending on the level of risk
Eligibility
Business in existence for minimum of five (5) years
Owner experience for a minimum of five (5) years
Profitable past three (3) years
Equity infusion of 10% cash
Demonstrates ability to repay
Term
Up to 5 years
Requirements
Lien on all business assets
Personal Guarantees of owners with 20% or more ownership