Get a Commercial Hard Money Loan When the Bank Turned You Down
Naples Commercial Hard Money Loans | Florida Private Loan
Has your commercial loan request been turned down by the banks? Banks work very hard to eliminate all but the very highest tier clients because they have a very low-risk tolerance. If you have any blips in your credit rating, are self-employed, have a previous foreclosure, or have suffered a bankruptcy you will most likely never obtain a conventional bank loan for your business. You have a business to run; what are you supposed to do?
What you can do is get a commercial hard money loan from Shop Commercial Mortgage. Why can we offer you a commercial loan when the banks won’t?
- We look at accumulated equity in your commercial property
- We don’t focus on your credit rating or previous financial issues as long as you have a current income stream from the business
- We can underwrite hard money loans for a lot of businesses the banks will reject
- Our streamlined loan process will get you money in days instead of weeks
Shop Commercial Mortgage can offer you the following for a commercial hard money loan:
- Same-day approval
- Commercial loans as low as $100,000
- No upfront fees
- Close your commercial loan in 14 days or less
- Loan amounts up to $5 million
- No due diligence fees
- We can offer terms of 1/3/5/7 years
- Loan to value ratio of 55%
- Documentation is simple
When you apply with Shop Commercial Mortgage, have photos of the property available, any leases producing income, 12 months of bank statements, copy of your purchase contract, survey, articles of incorporation if that applies, property tax information, franchise agreement if applicable, any appraisals, and information about any liens or judgements. We will take it from there and you will be told very quickly if our investors can help you get your commercial loan. Contact us for complete information on our loan processing requirements.
Don’t struggle with conventional banks who will wait months then turn you down. Come to Shop Commercial Mortgage if you are in Florida and get your commercial hard money loan quickly and easily.