Small Commercial Mortgages
According to Richard Bowen of www.UnBankableCommercialLoans.com, “Many people are under the impression that, due to problems in the residential mortgage and credit markets, there is a problem in getting a conventional small commercial mortgage, an SBA business loan or Veterans business loans. That is simply not the case. If you have access to the right wholesale lending sources, small cap deals - in the range of $500,000 to $5,000,000 - are still being financed, albeit with somewhat more exacting requirements by underwriters.”
Such a source can be found at www.UnBankableCommercialLoans.com. An “UnBankable” commercial deal, Bowen explained, is defined as one that banks typically are no longer willing or able to do for a variety of reasons, including types of loan (ex, ‘Stated Income’ and other non-conforming loans) and/or types of property (i.e., ‘Special Use’, ‘Single Use’ and other non-standard properties).
Bowen pointed out that the real strength of www.UnBankableCommercialLoans.com, is as a resource for borrowers searching for “outside-the-box” funding solutions to commercial business loan problems, such as:
1) Interest-Only Loans;
2) Stated Income Loans;
3) 90% financing small commercial loans;
4) No Pre-Payment Penalties Loans;
5) No Personal Recourse Loans;
6) No-Limit Cash-out Loans;
7) No Real Estate Loans (i.e., business-only purchases );
8) No Collateral or Unsecured Loans; and
9) Franchise Loans.
UnBankableCommercialLoans.com also offers borrowers access to unsecured business loans, including the SBA Express loan, for people looking for small, unsecured veterans business loans, minority business loans and business loans for women – as new business loans or business startup loans, or working capital loans for existing businesses.
Bowen encourages borrowers to visit www.UnBankableCommercialLoans.com, where they’ll find a table-matrix showing a variety of small commercial loans for different property types – including Apartment Loans, Assisted Facility Loans, Mixed-Use Property Loans, Office Building Loans, Office Condo Loans and other conventional small commercial mortgages, SBA small business loans and the SBA Express Loan (Veterans business loans).
- Contact Information
- Richard Bowen
- Commercial Mortgage Consultant
- Contact via E-mail
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