USING COMMERCIAL REAL ESTATE TO RAISE MONEY.
Hard Money is the term most people are familiar with when you mention Commercial Real Estate Loan or Funding. Basically you are borrowing against the commercial real estate you own. Most hard money lending is done as interest only loans and are required to be paid off within a set amount of time, usually within a year. The commercial real estate need to be free and clear of any encumbrance. This means of borrowing usually requires less time to fund.
However if a traditional bank loan is sought print and complete the forms listed below in RED. Remember you must submit all documentation including financial statements and tax returns so as to create a complete loan package. Email all information together as attached zip file to loanpackage@englishfinancialassociates.com.
COMMERCIAL LOAN APPLICATION*
~~~~~~~~~~~
* Requires Adobe Reader. Get Adobe
Hard Money is the term most people are familiar with when you mention Commercial Real Estate Loan or Funding. Basically you are borrowing against the commercial real estate you own. Most hard money lending is done as interest only loans and are required to be paid off within a set amount of time, usually within a year. The commercial real estate need to be free and clear of any encumbrance. This means of borrowing usually requires less time to fund.
However if a traditional bank loan is sought print and complete the forms listed below in RED. Remember you must submit all documentation including financial statements and tax returns so as to create a complete loan package. Email all information together as attached zip file to loanpackage@englishfinancialassociates.com.
COMMERCIAL LOAN APPLICATION*
~~~~~~~~~~~
* Requires Adobe Reader. Get Adobe