Commercial Loans: Diverse Solutions for Diverse Goals
Commercial loans serve as essential catalysts for business expansion and real estate development.
Our loans are tailored to meet the financial needs of businesses, entrepreneurs, and investors,
these loans empower individuals to seize opportunities, enhance operations, and make significant
strides in the world of commerce and property.
We offer various types of Commercial Loans: Tailored for Diverse Needs
- Commercial Real Estate Loans: Designed for property acquisition, development, or refinancing of commercial properties such as office buildings, retail spaces, and warehouses.
- Commercial Vehicle Loans: Support the acquisition of vehicles integral to business operations, from delivery trucks to construction equipment.
- Construction Loans: Intended for building projects, construction loans provide funds to cover the costs of constructing new properties or renovating existing ones.
- Bridge Loans: Temporary financing solutions that "bridge" the gap between selling a property and purchasing a new one, or between construction and long-term financing.
- Mezzanine Loans: Situated between equity and debt, mezzanine loans fill the financial gap for larger projects, often used in conjunction with other forms of financing.
- Commercial Mortgage-Backed Securities (CMBS): These are investment-grade bonds backed by commercial real estate loans, allowing lenders to pool and sell loans to investors.
- Merchant Cash Advances: Suitable for businesses with consistent credit card sales, these advances provide quick access to funds based on projected future revenue.
- Franchise Financing: Catering to franchisees, this financing option assists in the purchase or establishment of franchise businesses.
- Equipment Lease Financing: Instead of purchasing equipment, businesses can lease it, conserving capital while enjoying the benefits of necessary tools.
- And lots more....
Loan Requirements
However, here are some common basic requirements that are often necessary when applying for a commercial loan from us:
-
You must be of legal age to enter into a mortgage contract, typically 18 years or older.
-
Minimum Credit Score of 520. A higher credit score leads to better loan terms.
-
Proof of Identity, Proof of Income & Proof of Address.
-
An appraisal of the property to determine its current market value.