Leticia Scearce

Contact Information

Decison Maker First Name Leticia
Decison Maker Last Name Scearce
Address 3200 E. Camelback Rd Ste 123
State Arizona
City Phoenix
Zipcode 85018
Phone (623) 882-4264
Email leticia.scearce@canyoncommunity.com
Website https://www.canyoncommunitybank.com/
Name Leticia Scearce

Members Information

Company Name Canyon Community Bank, N.A.
Market Phoenix
Member Level Associate
Short Description Canyon Community Bank, N.A. serving Arizona entrepreneurs with optimal banking solutions.
Target Client Profile Business in operations for over 2 years (with the exception of existing business expanding to other site locations) Primarily Arizona based businesses (will consider out of market transactions for government guaranteed loans (SBA, USDA & Export) Over $1mm in revenues annually Types of transactions-owner occupied commercial real estate purchase (51%), equipment purchase, construction, refinance of eligible business debt, short term & long term working capital, investor real estate purchase & refinance Loan Size-conventional up to $1.8 million (can go higher with loan participants) and government guaranteed loans can look at loans above $5 million Industries-most industries, for restaurants prefer franchise and for hotel prefer flags Positive tangible company net worth (at minimum 10%, prefer 20%) Historically company cashflows (able to service debt) after add backs of depreciation, amortization, interest expense Management & key principals experienced in subject field and provide adequate outside financial support to the company (liquidity, assets, credit quality)
Number of Employees 50 - 249