Commercial Real Estate Financing Alton IL

Looking for Commercial Real Estate Financing in Alton? We have compiled a list of businesses and services around Alton that should help you with your search. We hope this page helps you find Commercial Real Estate Financing in Alton.

Gregory H Bray, CFP®
(618) 466-9700
2410 State St
Alton, IL
Firm
Alton Capital Management, Inc.

Data Provided By:
Mr. Brian E. Keister, CFP®
(618) 377-4117
300 S Prairie St
Bethalto, IL
Firm
Brian E Keister & Associates
Areas of Specialization
Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided By:
Mr. Josef D Chiapelli, CFP®
(618) 377-4117
300 S. Prairie Street
Bethalto, IL
Firm
Brian E. Keister and Associates

Data Provided By:
Mrs. Lisa M. Avenevoli, CFP®
(314) 839-4600
325 Rue Saint Francois
Florissant, MO
Firm
Steve Robbins, Inc.
Areas of Specialization
Comprehensive Financial Planning, Investment Management, Investment Planning, Retirement Income Management, Retirement Planning, Risk Management, Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided By:
Mr. Christopher John Dykstra, CFP®
(618) 655-0420
20 Edwardsville Prof Park Unit B
Edwardsville, IL
Firm
Ameriprise Financial
Areas of Specialization
Comprehensive Financial Planning, Insurance Planning, Investment Management, Retirement Planning, Small Business Planning, Tax Planning

Data Provided By:
Mr. David D Shaffer, CFP®
(618) 377-9092
138 W Bethalto Blvd
Bethalto, IL
Firm
Country Financial
Areas of Specialization
Debt Management, General Financial Planning, Insurance Planning, Long-Term Care, Retirement Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided By:
Mrs. Karen S. Mcgarvey, CFP®
(618) 259-8920
2 Terminal Dr
East Alton, IL
Firm
Financial Advisory Network Inc

Data Provided By:
Mr. Richard Jacobsmeyer Jr., CFP®
(314) 839-2767
2100 N. Hwy 67
Florissant, MO
Firm
US Bancorp Investments

Data Provided By:
Mr. Stephen D. Robbins, CFP®
(314) 839-4600
325 Rue Saint Francois
Florissant, MO
Firm
Steve Robbins, Inc.
Areas of Specialization
Comprehensive Financial Planning, General Financial Planning, Investment Management, Investment Planning, Retirement Income Management, Retirement Planning, Risk Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided By:
Mrs. Karen A. Numi, CFP®
(618) 381-7176
101 Credit Union Way
Edwardsville, IL
Firm
SWBC Investments, LLC
Areas of Specialization
Asset Allocation, Banking, Comprehensive Financial Planning, Education Planning, General Financial Planning, Government and Military, Insurance Planning

Data Provided By:
Data Provided By:

Commercial Real Estate Financing - Where To Get It And How

Purchasing property that will be used for your business is, in most cases, the biggest startup expense business owners have. There are several ways, and numerous places to obtain commercial real estate financing , whether you are buying an existing building, purchasing land and constructing a new building, or buying and remodeling an existing building to meet your businesses requirements.

Common sources for commercial real estate financing are banks, savings and loans, mortgage companies, venture capital firms, and even insurance companies. You can also obtain financing through the Small Business Administration through their 504 loan program, which was designed for small business commercial real estate financing , and offers a low down payment, low fixed-rate interest, 20 year terms, and steadily decreasing fees through a partnership between banks and non-profit development companies. There are also firms that specialize in finding commercial real estate financing for their clients. These firms do not provide the financing; they simply work to find the financing for their clients, for a fee.

Start with the Small Business Administration. The SBA is in the business of helping small business owners. Therefore, they work to make things less complicated for their clients. If you fail to get a commercial real estate loan through the SBA, you should strongly consider hiring a firm to help you find the financing you need. The time and effort that you will save are greatly worth the fees that will be required. These firms can be easily found by doing a search on the Internet for " commercial real estate financing ."

Documents that will be requested by the potential lenders will be your business plan, financial statements for the last five years, federal income tax returns for the last five years, articles of incorporation (if you are incorporated), and your business licenses. The lenders will also want as much documentation as possible on the real estate.

If you are purchasing land to build on, the lender will want the specifics in regards to the land, including the price, as well as blue prints and construction costs for the building. A common problem that many business owners face when they obtain financing for the construction of a new building is that they do not apply to borrow enough funds for the completion of the building. That is why it is best to have the blueprints drawn up, and to get estimates from three or four construction companies first. This is also true if you are planning to remodel an existing business.

For existing buildings that will not need to be remodeled, provide the lender with documentation concerning the dimensions, the age, and the condition of the building, as well as the seller's asking price and contact information for the seller or realtor. Many lenders will require that the building be inspected by a professional and that you provide them with a report of the inspector's fi...

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