Your #1 Source for commecial and small business financing...Nationwide!

General Info

Welcome! If you are new to commercial real estate financing, you'll want to get a firm understanding of the differences between a residential and commercial mortgage loan. Residential real estate uses a debt-to-income formula for judging your ability to repay a loan while commercial real estate is based on the debt coverage service ratio formula to qualify. This means that to qualify for a commercial loan, you'll have to know what your projected return on investment (ROI) will be when making a commercial property purchase or refinance. The cash flow generated from your commercial real estate property will be one of the factors in determining both the value of the property as well as its future return. The type and amount of your commercial loan is also dependent on other factors, including your business and personal credit history, your net worth or financial strength, the type of property and its overall condition, its cash flow, the geographical location of the property, and the general economic outlook of the local market. The first step to purchasing or refinancing your commercial property is to know exactly how you'll use the property. What type of property will you acquire? How will the property be used to improve your cash flow and financial goals? How long will you hold the property? Will you be an owner/tenant or just an investor? And do you have an exit strategy? These are all questions you'll want to think about before applying for your commercial financing. After you've established the market need and use for the property, you'll also want to analyze its current and future cash flow that will contribute to your ROI.

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Regular Hours:

Mon - Sat	9:00 am - 6:00 pm
Sun	Closed

Contact Info

Phone:

Main - 212-300-7515

Toll Free - 800-982-0006

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Commercial Real Estate Loans and Small Business Loans

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Category

Real Estate Loans

Services / Products

SBA 7a Loan: The SBA 7a program can be used by business owners to consolidate business debt resulting in increased cash flow. The program can also provide business owners with funding for working capital, tenant improvements or to purchase equipment, real estate and inventory. USDA B&I Loan: The USDA Business and Industry program provides all of the same benefits as the 7a program with a focus on rural communities. Harris & Associates helps small business owners in rural areas to access capital to consolidated or refinance debts, improve existing facilities, purchase or construct new facilities, purchase equipment and purchase inventory. SBA 504 Loans: The SBA 504 program allows business owners to access 90% LTV loans for the purchase or construction of commercial real estate. The loan structure includes a first and a second mortgage allowing for loan to values that are typically not available. The program also provides the stability of competitive fixed interest rates. Conventional Loan: The Conventional program can be used by business owners and investors to consolidate business debt resulting in increased cash flow. The program can also provide business owners and investors with funding for working capital, tenant improvements or to purchase equipment, real estate and inventory. Hard Money Loan: The Hard Money program provides business owners and investors with funding for working capital, tenant improvements or to purchase equipment, real estate and inventory. * Gas Station Financing - From pumping equipment to leak detection equipment Health Care Facility Loans - Health care is a booming business that has a bright future Industrial Building Loans - Long-term fixed rate options make industrial financing an option for small business owners that require capital for upgrades or expansion.

Payment Options

financing available

Location

www.commercialloansdirect.com

Amenities

* Office Building Loans - These loans can be used to upgrade or expand office space as a small business grows. The funds may also be used to increase staff support or purchase new operating equipment. Owner * Occupied Properties - These loans are for business owners that own a facility which houses 51% of their business. Retail Building Loans - Business owners that are ready to transition from renting to owning a retail space can secure the funds needed to purchase commercial property. Applicants will need to prove that their business has earned profits for at least two years and most business owners are required to supply a down payment. This loan type allows business owners to end rent payments and instead use the monthly payments to invest in their own business property. * Special Purpose Properties - These loans are reserved for property acquisition and upgrades for entrepreneurs that are attempting to get a creative business idea off the ground. Applicants need to provide a thorough business plan and collateral when requesting this type of venture start-up capital. * Mixed-Use Building Loans - Mixed-use buildings are a solid asset in any economy and are therefore a good investment opportunity for those that can provide a good credit history to borrow the required funds for mixed-use property purchases and upgrades. ÂÂ