If you required financing for the construction of a commercial property for your business or to be leased out at completion, financing can be available to help. If the building will be used for your own business at completion, financing up to 100% of the land and construction hard costs could be available. If the property is for investment purposes, typically 65%-80% of land and hard costs is available.
A full review of the financing request would be required to verify and determine the risk of the file including details pertaining to:
Business type and history
Business financial stability
Ownership structure and personal information confirmation
Property type, Budget, Construction Contracts
Lease / Pre-lease details, Property Operating Budget details
If you are currently looking at building or developing a property for your business or as an investment property, we can help get the financing you need. Contact Us to review your request or answer any questions you may have to get started.
Customers have questions, we have answers. However, we are just compiling the top ones to post here which we think will help.
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