A Better Way to Buy Your Next Commercial Property

Having worked with countless business owners and executives in your position in the past, we here at Ebbtide Commercial Capital understand that when it comes to securing a new commercial property, it’s not locating the property itself that’s a problem; it’s being able to secure financing when you need it. The very nature of the traditional lending process is slow and drawn-out, often forcing you to wait weeks while your earnest money gets weaker and weaker by the day. Fortunately, we offer a financing solution that helps to expedite the entire process.

How Stated Income Loans Are Different

Our lending tool portfolio features a Stated Income Commercial Real Estate Loan program that can get you into the commercial property you’re seeking faster than you ever thought possible. This is due to the fact that the loan qualifications are based off of the income-generating potential of the property as opposed yours or your business’ credit profile. Specifically, we look to see that revenue generated by the location can cover such mortgage-related expenses as:

  • The monthly loan payment
  • Any fees associated with the mortgage
  • Property taxes

With the loosened lending restrictions, we’ve been able to secure financing for companies with credit scores as low as 600.

Excellent Loans at Outstanding Rates

Yet just because stated income loans may be easier to qualify for does not mean that the benefits they offer are any less than those that can be had with a traditional bank loan. On top of allowing you up to $500,000 on terms of up to 25 years at market competitive rates, stated income loans feature loan-to-value ratios between 65-75 percent depending on the property being considered.

At first glance, it may seem as though the only parties that benefit from our Stated Income Commercial Real Estate Loan program are those with poor credit. Yet more and more companies looking to avoid all of the hassles that come with working with traditional lenders are looking to stated income loans for secure the funds they need. For more information on this as well as the many commercial real estate financing options we offer, give us a call today.