Rebuilds and Relocations
SunTrust offers 10
year financing for eligible costs related to rebuilds,
relocations and new store loans. Costs eligible for 10
year financing are described below.
Rebuilds
SunTrust allows Owner/Operators to finance specified building
and site work costs for a term and amortization up to 10 years.
New Restaurants and Relocations
SunTrust allows Owner/Operators to finance Co-Investment costs
for a term and amortization up to 10 years. These costs
allow an Owner/Operator to contribute to a new or relocated
restaurant’s development expenses in exchange for a lower rent
percentage.
Our 10 Year Loans feature:
• Up to 100% financing
• Competitive fixed or floating interest rates
• Flexible repayment schedules
• Flexible prepayment options
*Rates valid as of 03/09/2010 and are subject to change at any
time.
Conversion and Term Loans are available to finance
costs eligible for ten year financing. Subject to normal credit
criteria.