Refinance commercial real estate
Considering refinancing your commercial property? There are plenty of reasons to think it over. You might be looking for a cash-out refinance to free up some funds for repairs or renovations. You might want to switch from a variable to a fixed rate in order to lock in some financial security. Maybe you have an upcoming balloon payment (when most of your loan comes due at the end) that you’d like to avoid. Or maybe you’d just like lower rates.
Other options are to lock in low long term rates, improve cash flow, improving terms, consolidating debt, equity disbursement (partner buyout), or finance property improvements
Financing Options Available
Conventional Financing
SBA 504
Helpful Resources
What to Know Before You Refinance you Commercial Property
Average Commercial Loan Rates
Helpful Links
Video- How bankers look at the numbers
Calculators
Depreciation Calculator
SBA 504 Loan Calculator
Loan Payment Calculator (Use 25 year term)
