Are Rental Terms and Costs Holding You Back?
Move Beyond Leasing
Negotiating with landlords to make building improvements and repairs can be a hassle. Rental charges always seem to go up but never down. When you move beyond leasing, your business can flourish without the strain of landlord restrictions.
Real Estate Loans
Commercial real estate loans help cover the cost of purchasing investment or owner-occupied property.
The Small Business Administration helps small business owners secure financing when banks and credit unions have declined.
When property ownership becomes the obvious next step,
Purchase Properties With…
Commercial Real Estate Loans
Commercial real estate loans help cover the cost of purchasing investment or owner-occupied property. These loans are typically used to buy offices, apartment buildings, retail centers, and subdivisions.
Loans also cover the costs of renovations to existing property in your portfolio. Renovations can be for space your business occupies now or properties you intend to repair and resell.
Take advantage of lender sales and incentives to reduce your monthly expenses. Refinancing is a great way to lower recurring costs and free up working capital. Simply replace your high-interest loan with a low-interest alternative. Let us help you find the loan that’s right for your business.
The Small Business Administration helps small business owners secure financing when banks and credit unions have declined. The Administration acts as a cosigner thereby encouraging lenders to approve loan applications.
Additionally, the SBA regulates interest rates, making financing more affordable to small businesses. Your business can get up to $5M in funds or 90% of the property value to buy or repair real estate.
The SBA 7(a) loans are popular, flexible use options for small businesses. Real estate loans through the SBA are long-term, lasting up to 25 years. For loans above $50,000 and at least seven years, the current interest rate is 2.75% above Prime.
An SBA 504 loan is a lot like an SBA 7(a) loan but a little more restrictive. All of the funds borrowed must go toward the stated purpose on the loan documentation. Real estate loans have to be spent strictly on real estate, nowhere else.
Instead of being serviced by private lenders, as the 7(a) loans are, 504 loans go through a Certified Development Company licensed by the SBA. CDC loans have either a 10 or 20-year term and a fixed interest rate.
Like the 7(a) loan, an SBA 504 loan has a $5M borrowing limit. They’re financed 40% by a private lender, 50% by the CDC, and 10% is the borrower’s downpayment.
Commercial and SBA loans are typically long-term borrowing options. Bridge loans, on the other hand, are short-term financing. These are ideal loans for fix and flip investors who see a quick return on their investments.
When you don’t have time to wait on a traditional bank loan, bridge loans are the ideal solution. Repay the loan from real estate sales, tenant revenue, or long-term loans.
Bridge loans are intended to “bridge” the gap between immediate need and long-term solutions. They can be approved quickly, giving borrowers the advantage in competitive real estate markets. Making a cash offer can make you more attractive to sellers.
Owning properties increases your flexibility in terms of how you use your space, whether you lease part or all of the property, and provides an equity stake you can leverage to grow your operations. Financing provides additional benefits:
Act quickly with a cash offer
Utilize SBA backed funds if you've been turned down by other lenders.
Get up to $5M in financing for small businesses.
Reduce monthly costs by refinancing.
Control and Manage Your Own Space
Move Beyond Leasing
As Low As
As Fast As
Move Beyond Leasing
Begin by filling out a short questionnaire. Your answers help us get an idea of who you are and where you want to go.