Commercial Real Estate Financing Culpeper VA

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

Mr. Richard T. Harrington, CFP®
(540) 829-6134
763 Madison Rd., Suite #203
Culpeper, VA
Firm
Mid-Atlantic Securities, Inc.
Areas of Specialization
Banking, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Risk Management, Wealth Management

Data Provided By:
Mr. Kevin P. Handford, CFP®
(540) 349-0700
7 Hotel St
Warrenton, VA
Firm
Handford Financial Strategies
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: Not Applicable



Data Provided By:
Ms. Peggy F. Frye, CFP®
(540) 229-1957
PO Box 1422
Madison, VA
Firm
Glenayr Wealth Advisors LLC
Areas of Specialization
Asset Allocation, Budget Development, Charitable Giving, Comprehensive Financial Planning, Debt Management, Education Planning, Estate Planning
Key Considerations
Average Net Worth: $5,000,001 or more

Average Income: $500,001 - $1,000,000



Data Provided By:
Wells Fargo - Culpeper South
(540) 829-2300
307 Southgate Shopping Ctr
Culpeper, VA
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-12:00 PM
Sun Closed

Wells Fargo - Culpeper Main
(540) 829-2275
131 N Main St
Culpeper, VA
Type
Branch
Office Hours
Mon-Fri 09:00 AM-05:00 PM
Sat-Sun Closed

Mr. James Quintin Mullins, CFP®
(540) 317-5372
1100 Sunset Ln Ste 1310A
Culpeper, VA
Firm
Mullins Investment Services, LLC
Areas of Specialization
Asset Allocation, Banking, Budget Development, Charitable Giving, Debt Management, Education Planning, Estate Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided By:
Mr. Brett M. Nelson, CFP®
(540) 341-8459
77B West Lee Street
Warrenton, VA
Firm
Nelson Financial Partners, LLC
Areas of Specialization
Accounting, Asset Allocation, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $250,001 - $500,000

Profession: Business Executives

Data Provided By:
SunTrust Bank
(540) 825-3023
801 James Madison Highway
Culpeper, VA
Type
ATM, Branch, In store Branch, Investment Center, Weekend Hours
Office Hours
Monday: 9-7
Tuesday: 9-7
Wednesday: 9-7
Thursday: 9-7
Friday: 9-7 Weekend: Sat 9-4

Wells Fargo - Culpeper Marketplace
(540) 825-4720
795 Nalles Mill Rd
Culpeper, VA
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-12:00 PM
Sun Closed

Wells Fargo - Orange Shopping Center
(540) 672-2909
595 N Madison Rd
Orange, VA
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-12:00 PM
Sun Closed

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...

Click here to read the rest of this article from GlobalBx