If you’re in need of money, you may be considering a bridge loan. Bridge loans are most commonly used when investing in real estate, but they also serve an important purpose for borrowers in certain positions. To learn more about bridge loans and to determine if they are right for you, continue reading this blog […]
At SMC we offer fast and flexible, non-restrictive collateral-based private money loans as an alternative to traditional bank loans and lenders. Banks and traditional lenders will require extensive paperwork that banks’ underwriting departments will need from the borrowers. We however at SMC, even if you have had a foreclosure or bankruptcy, will give our borrowers […]
Today’s banks have much tougher underwriting guidelines for commercial loans than they ever have since 2008. Commercial borrowers must provide extend proof of income on both a personal and business level, profit and lost statements on the company, many times banks want to see a business plan, and they want the borrower, to pay upfront […]
Shop Commercial Mortgage specializes in Florida self-employed customers who have trouble qualifying for conventional financing. Our investor network is ready to help you when the banks turn you down. Here are some of the advantages of dealing with Shop Commercial Mortgage:
Tampa Commercial Real Estate investors don’t have the time or patience to wait for conventional financing, and in many cases, the banks won’t finance speculative property or real estate flips. Shop Commercial Mortgage has an investor network ready to provide financing without all the cumbersome credit checks and endless paperwork.
Are you an Orlando area real estate investor who has less than perfect credit or has been turned down by conventional lenders? Stop fighting a losing battle with them, come to Shop Commercial Mortgage and let our investors put your equity to work. Orlando has millions of visitors each year looking for rental property for […]
Jacksonville area real estate investors and commercial businesses are tired of the red tape dealing with conventional banks for financing. You have another option by looking at hard money financing from Shop Commercial Mortgage!
Miami continues to offer commercial business growth, and even self-employed small commercial businesses can take advantage of opportunities there. The problem is that smaller businesses are often turned down for commercial loans either due to lack of credit or lack of interest by the banks to support small business.
Commercial borrowing can be full of barriers and pitfalls. Most business owners don’t have ready cash needed to expand, move to a better location, or purchase equipment. For any number of reasons commercial lenders may be reluctant to provide financing and the owner ends up stuck. Shop Commercial Mortgage has commercial bridge loans available for […]
At Shop Commercial Mortgage, we specialize in self-employed borrowers. We know that borrowing as a self-employed individual creates challenges, but we can accommodate your needs. Let us help you today.
"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!"
Mikle / Broker