Commercial property owners may need to refinance their commercial mortgage for a number of reasons. These can include:
- Reducing financial strain by creating a lower mortgage payment
- Extend the term of a loan to reduce monthly payments
- Convert a short-term or balloon mortgage before it comes due
- Convert existing equity to using cash for improvements or a build-out to increase the property value
Regardless of the reason, the time may come to refinance. This is where Shop Commercial Mortgage can satisfy your needs far easier than a conventional commercial lender. Commercial property owners can include:
- Multi-family dwellings
- Mixed use property
- Hotels
- Restaurants
- Warehouses
- Strip Malls
- Retail centers
- Apartments
- And many other commercial properties
If you have previous credit problems or other issues preventing you from obtaining conventional financing, Shop Commercial Mortgage can get your money quickly. We look at the existing equity of the commercial property as the primary criteria for financing. We can offer financing up to 65% LTV with no upfront fees. We are equity driven lenders and can often close in 21 days or less!
Which owners can take advantage of Shop Commercial Mortgage services? Anyone who:
- Has been turned down by the banks
- Has a bankruptcy in the last seven years
- Is self-employed with income verification difficulties
- Has imperfect credit
- Needs money quickly for a new purchase or expansion
- Needs to purchase equipment to meet a contract requirement
- Wants cash to grow your business
Whatever the reasons, don’t wait months with a conventional lender, only to find you aren’t going to get the money you need. Contact Shop Commercial Mortgage and get your money quickly and easily.
