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FF&E Loans
FF&E (Fixtures, Furniture, and Equipment) loans are available through various sources. The source that will be most appropriate for you will depend on the timeline of your request and the size of the down payment you want. There are other factors to consider; however, these two factors will determine which source will be a better for your borrowing need. The two more...
Financing to Purchase a Business
Purchasing an existing business can be a great way to dive into the business world. Starting businesses from scratch are much more difficult to finance because so many things are not proven. The unknown risks are difficult for any lender to overcome. For this reason franchising, licensing and purchasing businesses that are already in operation are a great way to help more...
Down Payments for Commercial Loans
Commercial lenders expect you to have a stake in any loan request. SBA guaranteed loans will allow borrowers to put down payments as little as 10%-15% toward their projects; but, traditional sources will require as little as 20%-50% a a down payment. It is important to be prepared to put your "skin" in the game, otherwise commercial lenders will not consider your loan more...
Investment Property Lending
Your business loan for investment property can be very different depending on the type of investment property you own. I have had rates fixed in the low 4% range on multifamily property loans. Office buildings tend to have lower LTV's than other investor property types. Some lenders will offer non-recourse loans to retail centers and other property types that have strong more...
Commercial Renovation loan
Do you need to renovate your building? Is your franchisor requiring you to update your location? Do you have some immediate repairs that are needed? If so, you are a prime candidate for a commercial renovation loan. There are a few ways you can put a loan like this together. It really depends on what your business has to offer a lender. Traditionally lenders will more...
