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 […]
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 […]
Are you a Florida-based business owner? Are you in need of a commercial land loan in Florida? Let Shop Commercial Mortgage help.
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:
"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