Financial services company boosting product offerings.

Business Loan Express (BLX), a leading non-bank financial services company, with a long history of serving the borrowing needs of small business and real estate entrepreneurs, has enhanced its current product offering to include a variety of financing options.

In addition to the SBA 504 program, BLX is offering Conventional Loans, Convertible 1st Mortgage Loans, Bridge Loans and Factoring. These programs offer financing up to $5.5 million, terms up to 30 years and up to 90% financing.

"BLX supports small business owners in realizing their entrepreneurial dreams of business and real estate own ership across the country. With a wide array of product options we look forward to finding the right financing option for each of our borrowers," said Greg Poehlmann, national sales manager, BLX.

BLX is committed to the SBA 504 program which offers real estate and fixed asset acquisition for all property types with financing up to $5.5 million. BLX originated over $100 million in SBA 504 loan volume in 2007, and offers 90% financing to qualifying small businesses acquiring owner-occupied commercial real estate. BLX will no longer participate in the SBA 7(a) and Community Express loan programs.

Conventional Loans provide financing for acquisitions, expansion, refinancing, business partner buyout and cash out for all property types. BLX can finance up to $3.5 million with terms up to 30 years and an advance rate of up to 80%.

Convertible 1st Mortgage loan program offered by BLX is for high-leverage financing on stabilized income-producing properties. This loan is ideal for the acquisition of office, retail, industrial, self storage, multifamily, mobile home parks and hotels. Financing up to $3.5 million is available with terms up to 25 years and advance rate of up to 90%.

BLX's Bridge Loan Express is financing designed to "bridge" various situations including acquisition to facilitation of property improvement or leasing plans for property types including office, retail, industrial, self storage, multifamily, mobile home parks and hotels. Financing of up to $3.5 million is available for a term of up to 3 years with an advance rate of 80%.

BLX's Factoring product quickly allows small businesses to convert receivables into cash. Factoring provides working capital for business growth, bridge financing, project financing, business acquisition or debtor-in-possession (DIP) and crisis management for all property types. Terms of up to two years are available.