Best Commercial Real Estate Loans in Weston, FL
One of the best investments that have been proven and tested in real estate. However, many people say and think that the real estate business is only for the wealthy – but that’s not what always the case is.
As a matter of fact, many businesses today have started out with nothing, and they were able to fund the project that they wanted through the help of commercial real estate loan grantors like us here at Florida Commercial Real Estate Loan Group, the best in Weston, Florida.
Commercial Real Estate Funding
Many institutions provide funding and financing for real estate investments, some of which include commercial banks, the Small Business Administration (SBA), private lenders, angel investors, and so on.
However, the most recommended would be private lenders and commercial real estate loan groups because of the leniency that they have.
Should the Property be Occupied?
More often than not, commercial real estate loans require a particular property to be occupied before they approve the loan. Furthermore, a distinct requirement is to have the business or the commercial establishment accommodates more than 51%.
Now, are you ready for the requirements you need in starting this business?
What You Need For a Commercial Real Estate Loan
In most cases, lenders would actually just ask for three (3) category of things before they approve you, these include:
- Personal Finances
- Business Finances
- Property Characteristics
If you don’t have a business yet and you’re just starting out, expect that it’ll be harder and more challenging for you.
Otherwise, the usual documentary requirements asked by banks and other lenders include:
- Tax Returns (Up to 5 Years)
- Projection of Cash Flow or Revenue
- State Certification as a Business
- Business Plan (What You’ll Do With the Loan)
- Balance Sheet of Assets and Liabilities
- Credit Reports
- Business Credit Score
Nevertheless, lenders would put as much as 85% of their focus on the value of the property because they’ll actually have that as the collateral or the security for the loan or for the funding.
Why Work With Us?
Here at Florida Commercial Real Estate Loan Group, we’re not picky when it comes to who would borrow money or funds from us.
As a matter of fact, we always consider all the possibilities involved in a transaction first. Therefore, it’s safe to say that we don’t easily judge borrowers, instead, we look at all possible angles on how the investment would turn out. Call us and schedule a meeting with one of our experts to prepare the funding that you need for your investment!
We can guarantee that wherever you look, you wouldn’t be able to find a commercial real estate loan as lucrative as what we offer.
We’ll Give You a Free Calculation!
Not sure of whether we’re the best in the market? Don’t worry, we will also give you a free computation or calculation of the commercial real estate loan you are about to take!
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: