Best Commercial Real Estate Loans in Royal Palm Beach, FL
Here in the city of Royal Palm Beach in the State of Florida, only Florida Commercial Real Estate Loan Group is trusted when it comes to C&I loans.
C&I loans or commercial & industrial loans are the types of loans taken by businesses and companies whenever they’re short in working capital. For example, if they need help with the labor or the salary of their workers, they can take out a C&I or a commercial & industrial loan and deal with it.
Requirements for a C&I Loan
Several financial institutions and banks require a different set of documentation for different types of commercial loans.
However, for C&I loans, the most common ones that they ask for include:
Bank Statements of the Business
Since businesses are the only market for C&I loans, the businesses would be required to submit several bank statements that would help in the reflecting of the company or the business’s finances.
These documents usually are the primary requirement for these types of loans.
Collateral or Security
The next requirement that most financial institutions ask for would be the collateral or the security that would be placed against the loan. More often than not, this security is better off as property or a “hard asset” like real estate for higher chances of approval.
Another requirement that most financial lenders and commercial lenders ask for would be a co-signer. This co-signer is the one responsible for payment in the event that you or the original lender fails to pay or to settle the amount to the lender.
In addition to that, this person or business would need to lay down some of his or her assets as collateral to the loan, too. Those are just some of what we ask for in terms of C&I loans – we have more and it’ll depend on what you need!
But apart from C&I loans, we here at Florida Commercial Real Estate Loan Group can also help you with a ton of advantages, some of which include, but are not limited to:
Other Loans We Offer:
- Hard Money Loans
- Commercial and Industrial Loans
- Commercial Real Estate Loans
- Mixed-Use Loans
- Multi-Family Loans
- Construction Loans
- Private Money Loans
So, if you find yourself in need of a C&I loan or a working capital for your business, don’t ever hesitate to give us a call.
Wherever you may be in Royal Palm Beach, we’re just an email or a phone in away! We will even get you a free quotation or a free computation of the loan you need!
Just tell us what type of loan you’re looking for by sending us an email and we will be arranging everything for you!
Work with the best, the most trusted, and the most sought-after commercial real estate loan group in and around the city of Royal Palm Beach here in Palm Beach County, FL.
Don’t think twice about contacting and dialing us! You will never regret your decision of working with us!
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.
We service all counties and cities throughout South Florida. However, if you need any of these services in other cities throughout the state of Florida, please contact us. See what services we offer below: