Business & Commercial Loans

Business & Commercial Loans

Overview

Business and commercial loans are financing solutions designed to help businesses secure the capital they need for purchasing property, expanding operations, or funding new projects. These loans are often tailored to the needs of business owners, real estate investors, and companies looking to fund long-term growth. Business and commercial loans typically offer flexibility and can be structured to suit specific business needs.

Why Business & Commercial Loans

Business & Commercial Loans provide funding for growth or major expansions.

These short-term loans cover business costs, with funds released in stages as your project progresses. They are ideal for businesses looking to grow, renovate, or purchase new equipment, requiring detailed plans and business qualifications for approval.

Covers operational costs and business expenses
Down payment typically 20% to 30%
Interest-only payments during the loan term
Terms of 12 months, 18 months, and 24 months available

Danielle Damianov

NMLS#883539

Branch Manager

888-522-4149A
[email protected]

Who Qualifies?

Established Business Owners: Those with a solid financial history and a proven track record of business success.
Real Estate Investors: Investors seeking to purchase commercial properties, land, or multifamily units for long-term investment.
New Business Owners: New entrepreneurs or startups with a well-detailed business plan and strong financial backing, though lending terms may be more stringent for businesses with limited history.
Borrowers with Good Credit: Borrowers with solid credit scores and the ability to demonstrate the capacity to repay the loan.

Key Advantages

Quick Access to Capital: Business and commercial loans provide fast access to funds for time-sensitive business opportunities.
Flexible Terms: Loans can be customized to suit the unique needs of the business, such as property acquisitions or expanding operations.
Higher Loan Amounts: Depending on the business's financials, lenders may offer higher loan amounts to support growth or investment plans.
Longer Repayment Periods: These loans often offer longer repayment terms, providing more flexibility for businesses to manage cash flow.

Danielle Damianov

NMLS#883539

Branch Manager

Schedule a Phone Call With Me

888-522-4149

[email protected]

Apply Now

Example:

A small business owner needs to purchase a commercial property to open a new retail store. They secure a business loan to finance both the purchase and the necessary improvements. With a strong business plan and financials, they are able to repay the loan over a period of 10 years while generating revenue from the store.