I Own My Florida Commercial Property Free and Clear, and I Must Borrow Cash Fast
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.
Shop Commercial Mortgage private investors are interested in the accumulated equity in your commercial property because that equity is used to secure their loan. Your credit rating and positive cash flow are less important and are not the criteria used to underwrite your loan.
Another advantage of getting your commercial loan from Shop Commercial Mortgage is the ease of our lending process. We require minimal paperwork and can often close the loan in 21 days or less! You won’t be stuck for weeks or even months waiting to hear from conventional lenders who then may turn you down, requiring you to start all over somewhere else.
Our commercial loans are offered in a range of terms to best suit your needs. We offer loans for periods of 1/3/5/7 years with no upfront or site visit fees. Our interest rates run 9-12% for Florida commercial loans. We usually can offer you a commitment in 72 hours or less. Our investors can assist borrowers throughout Florida with emphasis on the larger metropolitan areas including Orlando, Tampa, St. Petersburg, Miami, Sarasota, Ft. Myers, Fort Lauderdale, Boca Raton, and more.
For more information on our commercial lending programs, or to start your fast and easy private money loan process, call or text Shop Commercial Mortgage today at 813-516-5210.