COMMERCIAL LOANS
Contrary to residential mortgages, commercial loans don’t have definite rules. Your loan’s acceptance depends on your personal situation and on the financial institution’s criteria where your file is submitted to.
So, to :
- HIKE YOUR CHANCES FOR APPROVAL
- GET THE BEST RATE
- NEGOCIATE BETTER TERMS
A- CLASSC LOAN
Purchase or refinancing.
Properties sought after : Multi-Dwelling Buildings (+More than 4 dwellings), industrial, commercial, office buildings, retail businesses.
Mini loan 100.000$, fixed or variable rate, 20 à 25 years Amortization (Up to 35 years if insured by the Canada Housing and Mortgage Corporation (CMHC) multi-dwellings) 5 to 10 years term.
B- SMALL BUSINESS LOAN FINANCING (FPEC).
maximum loan of 250.000$, 5 to 7 years term, fixed or variable rate, 10% minimum cash investment, 2% initial governmental registration can be added to the loan, 1.25% administrative fee on the applied rate.
C- SMALL COMMERCIAL LOAN (ALTERNATIVE LOAN)
Small Loans Programs adapted to your needs « LESS PAPERWORK »:
1- Fast Preapproval
This program does what traditional banks can’t : Preapprove your demand in 72hrs.
Get a loan for :
- Purchases
- Refinancing
- Loan Consolidation
- Renovation
- Expansion
- Purchasing Inventory
2- Great flexibility
Simplified loans are based on reduced documentation :
- Simple revenue and asset declaration.
- No Income Tax declaration.
- No revenue check.
- Loans between 100 000$ and 1.200 000$.
- Guarantied loans on Real Estate like :
- Residential Buildings of 5 and more units.
- Mix residential and commercial buildings
- Warehouses
- Office buildings
- Retail business buildings
- Light industrial buildings
- Car dealerships
- Boarding houses
- Tourist accommodations, and many more…
Don’t let traditional banks stop your projects from BECOMING REALITY.
CALL US NOW FOR MORE INFORMATION : 514-999-3629
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