Commercial Real Estate Business Loan

The commercial real estate business loan program is designed for business owners seeking a streamlined loan solution to purchase or refinance commercial real estate. This is a nationwide loan program with no geographic or population restrictions. To qualify, a business must occupy greater-than 50% of the property and the business must have at least 1 year of filed returns. The loan offers high leverage, up to a 90% loan-to-value with market interest rates. A variety of property types and industries are eligible for financing.

Contact me to discuss your scenario or for additional information.

  

Key Points

Mid-FICO 600+

No Broker Points

No Restricted Industries

No Geographic or Population Restrictions

Satisfaction Letters for Derogatory Accounts

Business Occupancy > 50%

Minimum 1 year of Filed Returns

Closing cost may be financed

Working capital may be included

Close within 45 days

 

 

Terms

$350,000 - $5 million

LTV: up to 90%

Interest: from 6%

Rate: ARM or Hybrid

Term: up to 30 years

Amort: up to 30 years

Prepay: Multiple Options

Recourse and Non-Recourse Options

 

 

Purpose

Purchase

Refinance

Renovations

 

 

Collateral

Adult Living Facilities

Auto Service

Bars/Night Clubs

Bowling Alleys

Campgrounds

Condominium (commercial)

Daycare

Funeral Home

Gas Stations

Hotel/Motel

Industrial

Land for Business Use

Manufacturing

Marinas

Mixed-Use > 50% Commercial

Office

Restaurants

Retail

Self-Storage

Warehouse

And more…