Commercial Loan Options - Bank Rate / No Bank / Bridge / SBA

[Eric Benzenhoefer]

Looking for a Commercial Loan? 

Know your options, secure the funding.

Option #1 - Bank Rate Long Term Financing

• Pros - Simply the best terms available,  <6% and low points
• Cons - Simply requires the most to get.

Expect to provide full documentation on yourself and your property.  It takes time upfront, but the rates are worth it in the end.

Option #2 - Bank-Free Long Term Financing

• Pros - A Yes, when the bank says No.  Plus, less paperwork 
• Cons - Less favourable terms include interest of 6-10%, 2-6 points, and 5 years of prepayment penalties.

If the property still cash flows at these rates, this can be a great plan B for securing that commercial property. Good credit is still required here.

Option #3 - Bridge Loans for Commercial - Large or Small

• Pros - A funding solution, when you or the property is a solvable problem
• Cons - High cost...the trade-off of hard money

This is Hard Money, but for commercial properties large or small ($75,000 and up).

Huge discounts come with buying commercial property that is not performing.  This funding option is what you need to bring the property back to performance and get it ready for option #1 or #2. 

Contact me with a PM or through www.OutsourceMyFunding.com. There are ZERO upfront fees.

You will get a motivated loan broker to guide you through the lending process, and get you started today!