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Updated about 2 years ago on . Most recent reply

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Sly H.
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Commercial loan for office space

Sly H.
Posted

What’s the best way to get a commercial loan? As of now I have gone through a community bank but due to the building being setup like a condominium with no condominium dues they don’t feel comfortable and want to charge 30% down payment instead of 25%. Any advice on how to deal with a bank for a commercial loan, and which type of bank is best would be greatly appreciated. Thanks

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33
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Kelsey Jurewicz
  • Lender
  • Fort Lauderdale, FL
19
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33
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Kelsey Jurewicz
  • Lender
  • Fort Lauderdale, FL
Replied
Quote from @Sly H.:

What’s the best way to get a commercial loan? As of now I have gone through a community bank but due to the building being setup like a condominium with no condominium dues they don’t feel comfortable and want to charge 30% down payment instead of 25%. Any advice on how to deal with a bank for a commercial loan, and which type of bank is best would be greatly appreciated. Thanks


 I would shop around and compare quotes between commercial lenders until you find best rate/terms. If you need a quote to compare, send me a DM I can connect you with a commercial lender in your area.

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