COMMERCIAL LOANS
Are you looking to: start a business? to get a short term
cash injection or bridge finance? to fund the purchase of
machinery or equipment? buy commercial property? Commercial
loans are what you need to help your company get off the ground,
expand or take advantage of new opportunities.
cquisition and Development Raw land infrastructure development
(streets, utilities, etc.) Adjustable Commercial Mortgage
Interest moves with a specific index (Prime, T-Bills, etc.)
Construction Mini-Perm Construction with 3 to 5 year loan,
usually on income property. Construction Loan with Take-out
Construction with pre-arranged takeout loan in place. Fixed
Rate Commercial Mortgage Interest Rate remains constant throughout
the term. Hard Money Loan Loans from private lenders based
primarily on the hard asset value (commercial building, vacant
land, etc.). Interim Loan A short term (2 yrs or less), bridge
or project type loan. Joint Venture A financial partner in
the development of real estate. Participating Mortgage Lender
receives a kicker for gross income above a preset level. Real
Estate Sale and Leaseback Lender purchases land and leases
back to borrower (generally developer) for a fixed rent plus
other considerations. Mortgages are issued on leasehold at
market rates. Usually, produces more dollars than a mortgage.
Real Estate Purchase Loan Lending for the purchase of commercial
real estate. Second Mortgage (Commercial) Loan secured by
equity behind that of the first lien. Wraparound Lender makes
a second mortgage and assumes the first mortgage
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