Lender
Advantages

Advantages to Lender
Caprock works with banks within the South Plains and Permian Basin areas to encourage economic growth. The 504 Loan Program works in conjunction with a senior mortage lender (usually a bank).

Below are some of the advantages to the lender:

Lower lender risk - The bank shares the project risk with Caprock. The bank has the first lien on collateral and only funds 50% of the project.
No restrictions on rates as their loan is not guaranteed by the SBA.
More money available - When a lender uses Caprock, more money is available for the lender to use for other projects.
Increases lending limits - Lenders do not need to deny a project simply because it exceeds their lending limits, and can instead stay within limits and still secure the project by using Caprock.
Receive CRA credit - A lender participates as the first mortgage lender and is able to receive CRA credit.

Caprock has worked with many banks on different projects, and we keep them informed of the loan programs we offer. If you would like more information, please contact us.

To see an overview of the loan structure, visit the Loan Overview page.

Advantages to Lender Caprock works with banks within the South Plains and Permian Basin areas to encourage economic growth. The 504 Loan Program works in conjunction with a senior mortage lender (usually a bank).

Below are some of the advantages to the lender:

Advantages to Lender
Caprock works with banks within the South Plains and Permian Basin areas to encourage economic growth. The 504 Loan Program works in conjunction with a senior mortage lender (usually a bank).