SharePlus Federal Bank

Commercial Lending

 Business Loans for:

  • Land acquisition
  • Site development
  • Office and building construction
  • Purchase financing for an existing building
  • Tenant improvement and finish out
  • Working Capital

Builder Guidance lines for:

  • Model and 'Spec" home construction
  • Residential lots
  • Development financing 

Specialty Lending for:

  • Partnership financing (buy / sell)
  • Medical Office finish out
  • Financing for new medical practice
  • Equipment and computer systems

What you need to know about getting a commercial loan.

Before approaching a bank or any lender about a commercial real estate loan, you must anticipate what the lender will ask you and what your specific loan objectives are.

Be prepared to answer questions such as:  

  • What type of loan structure do you need? Interim Construction, Take-out, Interim to Mini-permanent, Residential Land Development, etc
  • Can you meet cash flow requirements to launch your venture?
  • Do you have a plan with income and expense forecasts?
  • Research your lender:  Do they have solid Real Estate experience?  Can they handle complex transactions for a "quick" closing or lengthy development approval process?
  • And finally, will your lender act as a solid resource with a time commitment and appropriate expertise to guide you through the process?

For More Information:

 

 




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FDICEqual Housing Lender

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