If you own a commercial property in Florida free and clear and need to obtain money quickly for renovations or business expansion, you may have problems getting that money from commercial lenders. Conventional lenders are usually locked into a business model where a borrower must show positive cash flow and tax records without losses to qualify. Self-employed commercial property owners can have difficulty obtaining fast cash for their business. Shop Commercial Mortgage can solve this problem for you.
While the world of commercial finance is vast and complex, the basic approach to borrowing money is amazingly simple. When financing a large project, you must either borrow money from a traditional financial institution or seek out a hard money lender. While traditional loans are more familiar, there are several aspects of hard money you should consider.
A commercial hard money loan can come in handy when you’re seeking money, but struggling to gain approval from a traditional bank. Commercial hard money loans are designed to get money into borrowers’ pockets fast. If you’re interested in a commercial hard money loan and want to know what you will need to gain approval in Tampa, keep on reading.
There are countless advantages to being self-employed; you answer to yourself, can set your own schedule, and you make all the decisions! However, there are some things that prove more difficult. If you’re in need of a personal loan and aren’t sure where to start, Shop Commercial Mortgage can help! We have been providing 150 years of Tampa Commercial Loans and make hard deals close. We will work with you directly to help you avoid as much hassle as possible.
Running a business is expensive. Everything, from simple improvements to expanding locations, costs an exceptional amount of money by normal standards. The key to modern financing is the commercial mortgage loan, a complex instrument that allows you to borrow against the value of your business.
Are you a business owner in need of some financial assistance? If so, you may be struggling to receive a traditional bank loan. Maybe a bank is going to take too long, or perhaps you are having a hard time getting approved. Instead of receiving a bank loan for your commercial needs, read on to learn why you should consider a commercial hard money loan.
If you have a high interest rate commercial mortgage, now may be a good time to refinance with Shop Commercial Mortgage. Let’s look at some reasons why we are the preferred source for commercial mortgage financing in Florida.
If you are a Florida resident looking for commercial property and have had previous credit or paperwork problems, you should talk to Shop Commercial Mortgage. Our commercial investors are looking for equity-driven loans for commercial clients. The reasons why you should contact Shop Commercial Mortgage include:
Sometimes business owners struggle with financial issues, and that’s OK. However, when struggling with finances, some banks and traditional lenders won’t allow you to obtain commercial real estate equity loans. If you have built equity in your commercial business location, you deserve to be able to tap into this equity. That is where Shop Commercial Mortgage comes into play. At Shop Commercial Mortgage, we are dedicated to helping individuals receive the commercial real estate equity loans they deserve, no matter their financial situation. To learn more about how you can leverage the equity in your Florida commercial real estate when the bank says no, just keep reading.
"I just closed a commercial loan in St. Petersburg. A 16 unit apartment complex for $100,000 at 11.5% interest. It was a free and clear equity driven low documentation refi with no appraisal so it closed fast!"
