How I can help...

Financing a commercial property or equipment for a business is similar to residential in that bankers are looking for acceptable colaterral (Personal/business income, assets, equity, credit).

What is different and varies in many ways, are the myriad types of businesses and different types of properties.  Malls, hair salons, restaurants, liquor stores, large apartment buildings, office space all have different rates of lender liability and therefore are offered different interest rates depending on lenders perception of risk.

To achieve success in commercial brokering I have developed relationships with a number of banks who have different tolerences for risk, niches in certain markets, and flexibilities in borrowing criteria.  I've seen rates offered from the low 6%'s to upper 16%'s.  What I strive to do as a commercial broker is help you as my client prepare your best financially--by getting your financial statements in order, making sure your credit is clean and you have the highest score possible, and then meeting with you and different lending representatives to make sure you are speaking the same language.  We will interview with as many banks as you want to ferret out who is offering the best rate and terms for your commercial lending needs.  

I have personal relationships with traditional national lenders such as Wells Fargo, US Bank, and WAMU--they typically have the best rates, but the least flexibility; as well as personal relationships with small to mid-size local banks which are competive with rates and have some increased flexibility, all the way to hard money lenders, which have higher rates, but can sometimes finance very hard to finance commercial deals.

Lastly, depending on the situation, I will help you determine if your scenario qualifies for city, state, or federal public financing assissance or full funding.  These programs, such as the federal Small Business Association loans or the City of Minneapolis' Capital Aquisition Loan, can be attractive ways to finance certain projects at or below market rates with smaller than typical down payments.

My commission is split between myself and the lender representative of the bank we choose to use.  No extra cost to you, but at all times you will have someone in your corner, making sure you get the best rate and terms possible on your financing.