Commercial Real Estate Lending
from Our Asset Based Lending Company
Commercial Real Estate Lending program at Apple Capital Group, we offer accessible commercial mortgages for businesses that are looking to buy office buildings, land, or commercial properties of any variety. The next time you need to build a commercial structure for your organization, you can always turn to our lenders for financial aid, tax returns, and property analysis.
Commercial Real Estate Loans
Commercial lending comprises all real estate transactions involving income-producing commercial property. It is important to distinguish between commercial and residential real estate transactions. Residential transactions involve non-income producing properties or multi-family units up to 4 units. In order for a transaction to be considered commercial, the collateral in the loan must be either directly or indirectly related to the income production of a business. Commercial Real Estate Loans
The following are just a few examples of the types of properties we handle:
- Multi-Family (5 or more units)
- Mixed Use
- Office Buildings
- Retail Space
- Factories
- Warehouses
- Self-Storage
- Condos and Hotels
- Golf Courses
- Strip Malls
- Gas Stations
- Plus many more!
- Types of Commercial Loans Available
- New Purchases
- Rate/Term Refinances
- Cash Out Refinances
- Renovations
- Franchise Purchases
- New Construction
Commercial Loan Products Offered
Full Documentation Full doc loans are conventional loans that require full financial disclosure. Full doc loans require that your debt service ratio meets certain standards that can be proven with tax returns and company financials. Good personal credit is necessary for a Full doc conventional loan.
Sale/ Leaseback: Sale Leaseback transactions are becoming more popular because they generate capital for immediate use within your business. It is an easy way to unlock the value in your real estate. Sale Leaseback financing is when a business sells its commercial property for current market value and then instantly leases it back. A business would utilize this tool to access their equity which generates working capital. This working capital can then be used to invest back into the business. There are many other benefits to this transaction. The balance sheet of your business is improved greatly, and you retain control of the property. Since you will be leasing the property, you can defer a good portion of the tax liability. With a lease you can write-off the full payment each month, whereas with a regular loan only the interest payment can be written off. When you complete this transaction you are always guaranteed the full market value of your property, so you don’t risk losing any money in equity. The other benefit is that you can get a lease for commercial property for up to 25 years, which can lower your monthly payments considerably. This gives you more operating capital each month since your monthly payments will go back down some.
Limited Documentation Limited doc loans are similar to full doc loans, but require a reduced amount of documentation to be provided to underwriting. Unlike stated loans, income and revenue must be proven; however, the amount of financials is less than a full doc loan.
Apple Capital Group as your source for real estate sale leasebacks.
SBA 7a Loans The U.S. Small Business Administration’s 7a program provides loan guarantees to approved banks and some other approved lenders. In the event of default by the borrowing Small Business Concern (SBC), the SBA is willing to reimburse up to 85% of the loss that the lender would otherwise sustain. Consequently, lenders may be willing to accept a greater credit risk and grant more favorable terms than they might otherwise. These loans are used to start, acquire or expand a small business.
SBA 504 Loans The U.S. Small Business Administration’s 504 program is intended to create jobs based upon a formula that has been modified several times over the years. Particular preference is given to rural, economically disadvantaged areas and minority and female applicants for which SBA may waive the job creation requirement. The loan proceeds must be used to finance long-term assets such as real estate and fixtures which makes the program ideal for construction, for expansion of manufacturing facilities and other job intensive structures.
USDA Business & Industry Loans The purpose of the B&I Guaranteed Loan Program is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities.
Bridge loans, sometimes called swing loans, are interim financing permanent or the next stage of financing is obtained. They are short-term and temporary in nature.
Hard Money Loans Hard money loans are non-traditional loans that do not meet conventional loan criteria. Many of these scenarios are unique and require creative financing. Hard money loans are typical for credit challenges or businesses with weak financials. Typical advances will not exceed 50% loan to value. Commercial Real Estate Loans
The Apple Capital Group Advantage for Commercial Real Estate Loans:
We have over 45 years of experience in commercial lending. We have seen a lot of lenders come and go. Commercial loans are complicated transactions that you do not want in the hands of an inexperienced lender or broker. If the ball is dropped in these transactions, it could cost you millions of dollars in potential revenue by pushing your timeline back. We only believe in doing business one way—with integrity. We believe in putting everything on the table up front, so you can make an informed decision at the beginning of the process; not reacting to circumstances because you “have no choice” but to close an unfavorable loan in the final hour. Commercial Real Estate Loans
We offer:
- Loan amounts from $25,000 to $100 million
- Loan-to-values up to 90%
- Interest rates as low as prime + 1%
- Flexible loan terms up to 30 years
- Fixed rates available
- Prompt service with attention to detail
- Honest and up-front communication
- No surprises, hidden fees, or last-minute changes
At Apple Capital Group, commercial real estate loans are different than the typical commercial loan made to a business. As the name implies, a commercial real estate loan is secured by a rental property, such as an apartment building, office building, or shopping center, or by some sort of business-related property, like a hotel, bowling alley or self storage facility. Commercial Real Estate Loans