Commercial Real Estate Financing Ames IA

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

Laura West
West Financial Advisors, LLC
(515) 382-2960
1400 Fawcett Parkway
Nevada, IA
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Tax Planning, College/Education Planning, Women's Financial Planning Issues, Advising Employee Benefit Plan Participants
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS

Mr. Darren C. Gauck, CFP®
(515) 232-3042
328 Main St
Ames, IA
Firm
Midwest Financial
Areas of Specialization
Asset Allocation, Education Planning, General Financial Planning, Insurance Planning, Investment Management, Investment Planning, Long-Term Care

Data Provided By:
Mr. James E. Dickson, CFP®
(515) 232-5160
PO Box 322
Ames, IA
Firm
James E. Dickson, CPA, CFP
Areas of Specialization
Investment Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Profession: Self-Employed Business Owners

Data Provided By:
Mr. Randall V. Hertz, CFP®
(515) 382-6596
PO Box 500
Nevada, IA
Firm
Hertz Associates

Data Provided By:
Clark Grinde
1028 Lafayette Avenue
Story City, IA
Company
Title: President, Financial Advisor
Company: CG Financial Consulting, LLC
Education
Iowa State University, BA
College for Financial Planning, CRPS [Chartered Retirement Plans Specialist]
Years Experience
Years Experience: 14
Service
Life Insurance,Hourly Financial Planning Engagements,Investment & Portfolio Management,Retirement Planning,Fee-Only Comprehensive Financial Planning

Data Provided By:
Ms. Shelley K. Magnani, CFP®
(515) 232-0228
414 S 17th St Ste 102
Ames, IA
Firm
LPL Financial Services
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. Paul M. Caspersen, CFP®
(515) 294-4407
2505 University Boulevard
Ames, IA
Firm
University of Florida Foundation, Inc.
Areas of Specialization
Charitable Giving, Estate Planning, General Financial Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Non-Profit Employees

Data Provided By:
Mr. Richard Schany Nelson, CFP®
405 5th St
Ames, IA
Firm
LPL Financial

Data Provided By:
Laura Kay Brannen West, CFP®
(515) 382-2960
1400 Fawcett Pkwy Ste A
Nevada, IA
Firm
West Financial Advisors, LLC
Areas of Specialization
Investment Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Not Applicable

Data Provided By:
Ms. Tamra A. Shadlow, CFP®
(515) 733-5113
530 Broad St
Story City, IA
Firm
Edward Jones Investment

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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