Commercial Real Estate Financing Edmond OK

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

Scott Logan
Asset Planning Solutions, LLC
(405) 608-3099
1233 E. 33rd
Edmond, OK
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Planning Issues for Business Owners, Alternative or Private Investments, Women's Financial Planning Issues, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. D. Chad Ferrell, CFP®
(405) 341-9942
301 N Bryant Ave
Edmond, OK
Firm
Ferrell Wealth Management
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Education Planning, General Financial Planning, Government and Military, Insurance Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided By:
Mrs. Christi S Powell, CFP®
(405) 752-7072
14809 Carlingford Way
Edmond, OK
Firm
Falcon Financial of Oklahoma, LLC
Areas of Specialization
Asset Allocation, Education Planning, Estate Planning, General Financial Planning, Insurance Planning, Investment Management, Retirement Income Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Self-Employed Business Owners

Data Provided By:
Mr. Charles Bryan Tutt, CFP®
(405) 285-5463
1709 W 33rd St
Edmond, OK
Firm
Cetera Advisor Networks
Areas of Specialization
Asset Allocation, Budget Development, Divorce Issues, Education Planning, Insurance Planning, Investment Management, Long-Term Care
Key Considerations
Average Net Worth: $250,001 - $500,000

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



Data Provided By:
Levi C. Wade, CFP®
(405) 830-6954
1705 W 33rd St Ste B
Edmond, OK
Firm
L C Wade Insurance & Financial Services, LLC
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Debt Management, Education Planning, Estate Planning, General Financial Planning, Insurance Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided By:
Mr. Kendall W. King, CFP®
(405) 705-2906
229 N Broadway Ste A
Edmond, OK
Firm
The Legacy Financial Group Inc
Areas of Specialization
Asset Allocation, Education Planning, Investment Management, Investment Planning, Retirement Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Business Executives

Data Provided By:
Mr. John D. Mitchell, CFP®
(405) 348-3236
1320 E 9th St Ste 9
Edmond, OK
Firm
LPL Financial Services

Data Provided By:
Mr. Paul R. Sanford Jr., CFP®
(405) 603-8310
822 W Edmond Rd Ste A
Edmond, OK
Firm
WEOKIE Trust And Financial Gro

Data Provided By:
Mr. Rayburn E. Brooks, CFP®
(405) 242-4097
14018 N Western Ave
Edmond, OK
Firm
Brooks Investment Professionals

Data Provided By:
Andrew Ellis Oster, CFP®
(405) 330-9810
2575 Kelley Pointe Pkwy Ste 100
Edmond, OK
Firm
Triton Wealth Advisors, LLC

Data Provided By:
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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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