Commercial Loans & Business Financing Weblog

FINDING 100% COMMERCIAL FINANCING IN THESE DIFFICULT “BAILOUT” TIMES

October 9, 2008 · Leave a Comment

We are Commercial Loan Experts:  100% Financing Experts

CommercialLendingPros.com specializes in assisting businesses in acquiring SBA loans, lines of credit, credit cards and equipment leases.

The keys to our 100% commercial financing programs are the following:

 1)       You must be able to prove you’ve been in the business at least 2 years

2)       You must have solid credit (mid 600’s or higher credit scores)

3)       The property you are purchasing must be for at least 51%+ owner occupancy

4)       You must be able to document adequate cash reserves

5)       Your current business income and any income produced from the property in the 49% or less space not occupied by you (if applicable) must be able to support the projected debt service of the proposed financing with a least a 1.25 debt service coverage ratio (you need to show a 25% cushion over “break even”)

6)       Maximum loan amount is $2 million
 
These are not the only requirements, but they are the most significant. Even if you can’t meet these guidelines, we probably still offer the best available financing on the market. It just may not be as high as 100%.

We will send you our Executive Summary template. If you’d like us to take a closer look for you, you just have to complete that form and return it to us with any requested info on the borrowers/guarantors and the property that you can provide. We will quickly respond with details of all possible financing options for you.

Befrore you sign a contract give us a call and we can help you structure the deal to maximize the financing availability.

863-298-8900 or 813-833-3132

 

To fill-out a quick loan scenario Pre-Qualification form visit http://www.business-loan-pro.com/irw/article.php?cid=33361&ctry=US&arid=554&auto=lender@business-loan-pro.com


Click Below. for a Discount on your myFICO® Credit Complete, which includes all three credit reports and scores. If you pull your own scores, you will not incur any inquiries and it will NOT harm your scores.


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