Commercial Real Estate Is A Huge Market That Is Constantly Growing And Changing
At Cheddarr, our goal is to provide commercial loan solutions that work for investors across the country. We want to help small businesses get the start they need to grow and succeed. Whether it’s a business line of credit, startup loan, or equipment financing, we can help offer viable options to entrepreneurs, new companies, and more!
Fix n Flip
Loans for investors who are buying distressed properties, rehabbing, and selling. Flexible and Fast.
Fix n Rent
Loans for investors looking to buy, rehab and hold as rental properties. Buy, Renovate, Rent, Refinance, Repeat!
Bridge
Interim financing for investment properties where a quick close is necessary.
Ground up Construction
We can help you fund your new construction. This is ideal for major construction projects.
Spec & Model Homes
Ideal for construction companies and developers who need to build spec and model homes for sale and showing.
What Is a Commercial Mortgage?
A commercial mortgage is a loan used to purchase Commercial Real Estate. The property that the loan is used to purchase must be for business purposes and not for personal use. Commercial mortgages are typically taken out by businesses to expand, upgrade, or renovate their facilities.
How Can You Use a Commercial Mortgage?
There are a few ways that you can use a Commercial Mortgage:
- To purchase Commercial Real Estate
- To refinance an existing Commercial Real Estate mortgage
- To take out additional money against the equity of your Commercial Real Estate
What Are the Requirements for a Commercial Mortgage?
In order to qualify for a commercial mortgage, you will need to have a good credit score and demonstrate that you have been in business for a few years. You will also need to provide documents such as bank statements, tax returns, and information about the property that you plan to purchase.
Why Should I Use Cheddarr?
At Cheddarr, we pride ourselves on our ability to offer commercial loan solutions that just make sense. We have a wide network of partners across the country that we work with to help small businesses get the financing they need. We also offer a variety of resources to help you navigate the commercial lending process.
Cheddarr Helps To Ensure A Roof For Your Small Business
Commercial real estate is a significant part of the US economy, with over $11 trillion in assets and growing. In order to have a successful small business, you need to have access to capital, and one way to get that is through commercial real estate loans. Commercial real estate loans are mortgages used to finance the purchase or refinance of income-producing commercial property, such as office buildings, retail centers, warehouses, and hotels.
There are many different types of commercial real estate loans available, each with its own set of terms and conditions. The most common type of loan is the traditional bank loan, which is typically given for a term of five to 25 years. However, there are also SBA-backed loans, mezzanine loans, and private money loans.
No matter what type of loan you decide to go with, it’s important to do your research and compare interest rates, terms, and loan amounts. You also need to make sure the property you’re buying is in a good location and has a solid rental history or future.
The Bottom Line
Commercial real estate is a large, dynamic market that has continued to grow. At Cheddarr, our goal is to provide commercial loan solutions that work. We want to assist small companies in getting the start they need to develop and flourish.
