Commercial Real Estate Loans
For new, old, small, or large companies and businesses, it is hard to finance premises and new spaces to operate and be able to expand their services. As a result, they choose to acquire enough funds from commercial real estate loans instead of trying to afford the investment with their savings and income.
Capital is crucial not only for new projects and acquisitions but also to maintain cash flow in the business and continue operating without issues. Therefore, if you are in a situation where you want to purchase a new commercial real estate for your company and even have enough savings and funds to invest in it already, consider if it is truly a good idea to do so.
Keep in mind that loans can sound scary, but if you are confident about your annual revenue, personal income, and the possibility of repaying it during the term of the loan or even before it finishes, you are going to find it a better fit instead of using a large sum of money from your account. However, accessing the loan will require research about the possible lenders in your area or all over Florida to determine which one of them offers the best terms and conditions in the short and long run.
Most traditional lending institutions like banks tend to not only have many requirements you have to meet and provide but also high-interest rates and the LTV ratio is quite low compared to others. Therefore, you can reduce the search by considering private lending companies above all and focus on those with good reputations and conditions. At Commercial Real Estate Loan Pros of Jacksonville, we meet the basic standards for your search and needs; an outstanding reputation as lenders, commercial real estate loans available for both small and large businesses, and better conditions for repayment.
In our case, the loans we offer are not only for purchasing new properties as either a company or real estate investor but also renovate existing ones. We can provide funds through these loans to cover different expenses related to commercial real estate only but this alone makes us more flexible than usual private or traditional lenders.
What do we offer through commercial real estate loans?
Leaving aside the funds you obtain and for what you can use the money since this was mentioned above, we will focus on the terms and conditions you are most likely to accept when requesting and accepting the credit. First, our interest rates are not only fixed but also low, being 7% the maximum most of the time.
As for the term of the loan, you can expect to have over a decade for repayment and the LTV ratio we work with goes up to 85% of the total cost of the property you want to buy or renovate. Finally, the amortization time you get is at least half of the term of the loan, which makes it ten times better for any individual or company accessing our deals.
Therefore, there is no need to worry about how things will develop with our company Commercial Real Estate Loan Pros of Jacksonville since we are not focused on establishing a regular borrower-lender relationship with you where we are the only ones winning from those commercial real estate loans.
There are so many areas or regions where we offer these services with most of them being cities.
However, if you need any of these services, you need to contact us. The list below comprises the areas where we offer these services.