Commercial Loan program provides financing for both owner-occupied and investor properties. Refinance your commercial mortgage loan or purchase a commercial property with low fixed rates, up to 30 year terms and 75% leverage. Funded by both bank balance sheet and off-balance sheet assets. Offering several different program options - some with less restrictive underwriting guidelines - ensuring you get the commercial financing that best meets your individual needs and investment objectives.
You can find an SBA loan option to cover just about every nook and cranny of your small business. Some of the most common SBA loans are the 7(a), 504, and SBA Express.
While traditional SBA loans are significantly easier to attain than your average bank loan, they’re still more difficult to acquire than most loans from non-institutional lenders. They’re known for being more paperwork-intensive with a much longer time to funds and a higher percentage of rejection than direct online lenders.
You’ll need to provide enough information to assess your loan application for a pre-approval letter. In addition to providing the standard items like your business license, rounding up these documents can speed up the process and make it easier for you to get approved:
2 years of business tax returns
2 years of personal tax returns
YTD P&L statement
YTD balance sheet
Church Loan Programs | Meet Your Needs
Churches are different, and so are our church loan programs.
No personal guarantees.*
High loan to values, many of our church loan products offer up to 80% of the real estate value. We also have products that allow the church to borrow up to 90% using a first and second trust loan.*
No CPA prepared financials.*
No Tax returns.*
And, no upfront fees.
Furthermore, we will analyze your request in one business day and provide a written offer.
* Subject to underwriting guidelines.
While residential tenants provide a more stable source of rental income, commercial tenants, such as ground floor retail, are usually willing to pay more for rent. Therefore, commercial tenants play an important role in evaluating the revenue potential of mixed-use properties. As a result, the value of two different buildings in the same area may differ simply because of the composition of their tenants.
Commercial loans for industrial properties are available for both purchase and refinance of your industrial property to unlock the full potential of your commercial real estate investment.