Frequently Asked Questions

What types of loans will SQCC fund?

Our loans are generally short term, maturing in 6 months to 3 years. It is not uncommon, particularly with shorter term loans, to provide options to extend the due dates. Monthly payments can be based on interest only or on an amortized basis, depending on the needs of the borrower.


Will SQCC work with Brokers and Lenders?

Absolutely! Brokers are always welcome and we are happy to participate in loans with lenders and their investors.

What types of real property are acceptable for use as collateral?

Many types of real property are acceptable for use as collateral including apartment buildings, condominiums, office buildings, commercial buildings, retail and shopping malls, marinas, single-family dwellings, and land (particularly with entitlements in place).

What loan to value ratios are required?

The loan to value ratios required vary depending on the type of collateral. Generally, SQCC will loan 50% of the value on land and up to 70% of the value on improved property. These ratios can fluctuate depending on such factors as location, the nature and condition of the improvements, and the net operating income generated on a rental basis from the property.


Does SQCC ever go above their general LTV criteria?

Yes.  On select projects SQCC will go significantly above our maximum LTV.  These types of projects vary in size and type but  all would require our participation in the upside potential of the overall project.

Is a second lien position acceptable?

Yes. SQCC is creative and will consider a number of different lien positions, provided sufficient equity is available.

Are appraisals required on collateral?

Not necessarily. SQCC has been doing business since 1995 and has extensive experience in the valuation of real estate. As a result we are able to make rapid decisions regarding the viability of a loan with or without an appraisal.


Is SQCC a acting as a broker for mezzanine and equity financing?

Yes.  Mezzanine debt and equity financing is not our primary business.  However, we have established relationships with some of the largest institutional lenders in North America and offer this relationship as an additional service to our clients.  Our fees for this service vary greatly depending on the type and amount of financing needed.