Commercial Real Estate Private Money Loans

What Is a Commercial Loan?

Commercial and industrial loans are loans made between business entities and lenders. These loans are typically taken out to cover operational costs or to fund large capital expenditures which the company would otherwise not have enough cash flow or cash on hand to cover. The cost of credit (interest rate and closing fees) and terms (repayment schedule and other requirements) of commercial and industrial loans vary significantly from borrower to borrower and request to request.

Similar to traditional commercial and industrial loans, commercial private money loans are funded by private investors. While they often come at the price of higher commercial real estate loan rates, private money loans are more easily attainable than loans applied for through traditional means of financing (banks and credit unions). Hard money commercial loans provide a solution during especially difficult business situations such as limited time, poor credit history, lack of liquid assets or income, unique property type, or even as a solution to avoiding imminent foreclosure.

At times when a company’s success hangs in the balance, hard money commercial real estate loans might make the difference between flourishing and closing the doors for good. Commercial real estate loans allow business owners to take advantage of the equity which they have available in real property by putting it to use in their companies as liquid cash.

Types of Commercial Loans

There are many types of commercial loans secured by real estate. A private money lender will help you determine the right type of commercial private money loans to best meet your company’s unique financial situation, challenges, industry, and needs.

How Your Business Could Benefit from a Commercial Property Private Money Loan

Whether you are looking to reallocate business capital, your business is growing more quickly than your cash flow can manage, or you need a quick and painless refinance to restructure your company’s debt in order to avoid foreclosure, a commercial property loan can help you turn your real estate equity into the liquid cash that could be the difference between success and failure for your business.

The Commercial Loan Process and Commercial Real Estate Loan Requirements

The first step in the private money loan process is to discuss your options with a private money lender. A lender can provide you with an estimate of loan costs, commercial real estate loan rates, and a range of commercial loan products to meet your financial needs and tackle the challenges facing your business. You will also need to complete a loan application and provide the various documents required for loan request consideration and approval. After receiving an approval, the loan will be taken to closing where you will sign necessary loan documents. After closing, the loan will be funded.

We understand the demands of owning and operating a business and also the time-sensitive nature of most financial matters. We offer a quick turnaround commercial loan process. From application to funding, the entire process should only take between five and fourteen days.

If you need a commercial loan fast or have not been able to obtain traditional financing through a bank or credit union, contact us for more information about private money commercial loans today.