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Updated about 2 years ago on . Most recent reply

User Stats

36
Posts
2
Votes
Edward Salazar
  • Orlando, FL
2
Votes |
36
Posts

Looking to get an LOC from my Industrial Building, any good banks?

Edward Salazar
  • Orlando, FL
Posted

Hello tgere everyone, I am looking for Information on a bank that works with industrial/commercial properties.

I own an industrial building that is paid free and clear, it was paid off recently (maybe a year ago), then I conveyed title to a Holding LLC.

the Building appraises 450k and I am looking to get about 200K from it, does anyone know a good bank to work with for this purpose?

property is leased out and producing income, I have several other business and have a good W2 and K1 income from those, aswell as a great (over 700's) credit profile

Any help with some leads to good Bankers will be greatly appreciated

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