Loan Terms

Banco Popular offers both term loans and lines of credit for McDonald’s financing.

Available terms:

  • Acquisition loans up to 7 years
  • Equipment loans up to 7 years (84 months)
  • Rebuilds up to 10 years
  • Lines of credit up to 12 months (1 year)

Security: Banco Popular requires the first lien position on all assets financed located at the subject McDonald's unit(s).

Interest Rate: Fixed and Variable Rates click here for details.

Application Fee: None

Underwriting Requirements: *

  • Acceptable credit reports for individual Guarantor(s) and Borrower
  • Minimum post-compensation debt service coverage of 1.20:1
  • Borrower is compliant with the Franchise Agreement

Personal Guarantees: Required from principal owners of borrowing entity. Additional affiliated corporate guarantors may also be required.

   


HOME | TESTIMONIALS | ABOUT US | RATES | TERM SHEET | CONTACT US

 

Equal Opportunity Lender - SBA Preferred Lender. McDonald's, The Golden Arches Logo, The McDonald's Building Design and the Big Mac ®
are trademarks of McDonald's Corporation and its affiliates, used with permission.

* Other requirements may be requested at the time of application.


© 2009 Banco Popular North America. Member FDIC. Privacy Policy
Banco Popular Website FDIC