Commercial Real Estate Financing Made Simple
Whether your current venture is your first foray into commercial real estate, or you’ve already been involved in a number of previous transactions, the biggest challenge presented by the property market is typically the same for everyone: financing. With all of the different options out there, it’s often difficult to know which will best meet the unique needs of your company. There’s also the possibility that your business’ credit profile limits your choices. Fortunately, we here at Quickline Capital Partners specialize in a form of commercial real estate financing that’s offers less-restrictive qualification criteria while also providing unique advantages.
The Benefits of Stated Income Loans
Stated income loans differ from traditional bank loans in that your loan is determined by the value of the property that you wish to purchase, rather than your business or personal credit history. You can use this financing option for either the purchase of a new property, to cash out on a property which you currently hold the title on, or to refinance your current commercial real estate loan. The only requirements are that the income value of the property must be capable of covering the costs of the loan and any taxes or fees associated with its purchase. This option is available to you even if you’re self-employed. You’ll enjoy terrific fixed rates on loan schedules of up to 25 years, and processing your loan only takes between 2-3 weeks, on average. Countless companies such as yours have used this option to purchase properties such as:
- Retail stores
- Apartment and multi-family buildings
- Office space
- Industrial buildings and warehouses
- Restaurants and hospitality providers
When it comes to your next commercial real estate purchase, your choice of financing packages can have a dramatic impact on the overall success of your venture. That’s why we here at Quickline Capital Partners offer a financing option that doesn’t involve the same hassles and headaches inherent with other methods. Our Stated Income Commercial Real Estate Loan program is the solution that you’ve been searching for. For more information on this unique funding tool, give us a call today.