Commercial Real Estate Financing Carbondale IL

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

Mr. Bradley D Wills, CFP®
(618) 519-9344
115 S. Washington St.
Carbondale, IL
Firm
Alliance Investment Planning Group
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Investment Management, Retirement Planning
Key Considerations
Average Net Worth: $250,001 - $500,000



Data Provided By:
Mr. David G. Clarke, CFP®
(618) 687-2334
104 N 14th St
Murphysboro, IL
Firm
Clarke CPA & Consulting Ltd

Data Provided By:
Regions Bank - Murphysboro Walnut St
(618) 684-3191
1301 Walnut Street
Murphysboro, IL
Type
Branch
Office Hours
M-F 8:30-4:30
S 8:30-12:00
Su NA
Drive Up Hours
M-Th 8:00-5:00
F 8:00-6:00
S 8:00-12:00
Su NA

US Bank - Marion Office
(618) 993-8143
1116 N Carbon St
Marion, IL
Drive Up Hours
Mon 08:00 am to 05:00 pm
Tue 08:00 am to 05:00 pm
Wed 08:00 am to 05:00 pm
Thur 08:00 am to 05:00 pm
Fri 08:00 am to 06:00 pm
Sat 08:00 am to 12:00 pm

Bank of America - West Frankfort
(618) 932-3131
212 West Oak Street
West Frankfort, IL
Type
Banking Center
Services
Banking Center Services: Change Order, Commercial Deposits, Night Deposits, Drive Up
Outdoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Drive Up, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-4
Tuesday 9-4
Wednesday 9-4
Thursday 9-4
Friday 9-4
Saturday Closed
Sunday Closed
Drive Up Hours
Monday 9-5
Tuesday 9-5
Wednesday 9-5
Thursday 9-5
Friday 9-5
Saturday 9-12
Sunday Closed

Mr. Scott A. Mcclatchey, CFP®
(618) 519-9344
115 S Washington St
Carbondale, IL
Firm
Alliance Investment Planning Group
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Investment Management, Retirement Planning, Sudden Wealth Management, Wealth Management

Data Provided By:
Ms. Gail E. West, CFP®
(618) 993-5969
1022 N Market St
Marion, IL

Data Provided By:
US Bank - Cobden Office
(618) 893-2121
120 S Front St
Cobden, IL
Languages
Spanish
Drive Up Hours
Mon 08:00 am to 04:00 pm
Tue 08:00 am to 04:00 pm
Wed 08:00 am to 04:00 pm
Thur 08:00 am to 04:00 pm
Fri 08:00 am to 06:00 pm
Sat 08:00 am to 11:30 am

Fifth Third Bank
(618) 997-5486
Marion, 1133 N. Carbon Street
Marion, IL
Office Hours
M-TH 9-4; F 9-5; SA 9-12
Drive Up Hours
M-TH 9-4; F 9-6; SA 9-12

Sophie Kaluziak
Vista Financial Planning
(708) 445-8747
101 North Marion Street, Suite 306
Oak Park, IL
Expertises
Middle Income Client Needs, Women's Financial Planning Issues, Planning Issues for Unmarried & Same-Sex Couples, Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA

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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