COMMERCIAL REAL ESTATE
COMMERCIAL REAL ESTATE
Qualifying Factor
PREQUALIFIED
TERMS 4%-8%
FUNDING SPEED 30-90 DAYS
FUNDING RANGE: $75,000-$20,000,000
COST 1%-3%
APPLYCommercial Real Estate financing helps businesses finance their commercial real estate.
TO QUALIFY:
- 25% down payment
- Business owner with 650 personal credit score
- Qualifying commercial real estate property
- 2 Years in business
- Qualifying 2 years business tax returns
TERMS:
- $75,000-$20 million
- 4-8% interest rate
- 20-30 year term
- Conventional or SBA 504
EXAMPLE
Sarah has a medical practice with the opportunity to purchase the commercial real estate where her office resides. She has a 30% down payment and a great personal credit score. She has been in business for 2 years, and has tax returns showing profit. She was approved for the $500,000 real estate loan. The property has proved to be a great investment for her business.