Whether you are a commercial real estate investor looking at property to generate revenue, or you are a small business owner scouting out real estate for your headquarters, the cost of acquisition usually requires some form of outside funding. Fortunately there are a number of financing options available, the most popular of which are small business loans.
SBA Loans
The Small Business Administration (SBA) offers a number of loan programs for funding commercial real estate projects. The SBA 7(a) and 504 programs include financing for purchasing real estate, remodeling, renovations, and even turning an existing building into owner-occupied property. These small business loans are geared toward startups, and can be fast tracked by using a company recognized by the SBA for “Preferred Financial Services.”
Small Business Loans for Construction
There are a number of small business loans designed specifically for construction projects. These loans are structured around the size and scope of each project – from small renovations for a fix and flip on a residential house, all the way up to breaking ground for high-rise hotels.
Business Acquisition Financing
There are times when small businesses outgrow their current facilities, and entrepreneurs look into leveraged buy outs and acquisitions to grow into a larger space. There is special small business financing which can be customized to fit almost any leveraged buy out or acquisition across every industry imaginable.
Refinancing and Debt Consolidation
For commercial real estate owners, there are frequently multiple loans and commercial mortgages which could always use a bit of refinancing. To that end there are options to refinance mortgaged so there are lower rates and more affordable payments. Likewise, entrepreneurs with multiple loans for real estate and business in general can take advantage of debt consolidation, which will roll multiple loans into one manageable monthly payments with low rates.
Want to Learn More About Small Business Loans?
If you would like more details about small business loans and how they can help with commercial real estate projects, or if you want to see our other financing solutions, contact Perfect Alliance Capital at 847-851-2223. Our team of professionals has both the financing and commercial real estate knowledge to structure financing around your needs and goals for any sized project.
