Commercial Real Estate Financing Forest Lake MN

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

Tiffany Brynteson
FFP Wealth Management
(763) 231-2760
11375 Robinson Drive Suite 210
Minneapolis, MN
Expertises
Ongoing Investment Management, Cash Flow/Budgets/Credit Issues, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BS, CRPC

Gregory Zandlo
North East Asset Management
(763) 785-9541
11465 Robinson Drive NW, Suite 250
Minneapolis, MN
Expertises
Retirement Planning & Distribution Rules, Retirement Plan Investment Advice, High Net Worth Client Needs, Ongoing Investment Management, Planning Concerns for Corporate Executives, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. Nathan A. Kerkow, CFP®
(651) 464-9741
84 3rd St NW
Forest Lake, MN
Firm
Ameriprise Financial
Areas of Specialization
Investment Management

Data Provided By:
Mr. Andrew Hays, CFP®
(651) 464-9773
44 Lake St S Ste C
Forest Lake, MN
Firm
Ameriprise Financial
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Intergenerational Planning, Investment Management, Retirement Planning
Key Considerations
Profession: Not Applicable

Data Provided By:
Tracey M. Simonson, CFP®
(651) 462-7636
6115 Stacy Trl
Stacy, MN
Firm
Focus Financial
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided By:
Roger Kruse
FFP Wealth Management
(763) 231-2760
11375 Robinson Drive Suite 210
Minneapolis, MN
Expertises
Retirement Planning & Distribution Rules, Ongoing Investment Management, Tax Planning, Planning Issues for Business Owners, Planning Concerns for Corporate Executives, Middle Income Client Needs
Certifications
NAPFA Registered Financial Advisor, CFP®, ChFc

Nate Wenner
Wipfli Hewins Investment Advisors, LLC
(651) 766-2869
8665 Hudson Blvd N
St. Paul, MN
Expertises
Ongoing Investment Management, Planning Issues for Business Owners, Advising Medical Professionals, Women's Financial Planning Issues, High Net Worth Client Needs, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, CIMA, CPA/PFS

Mr. Benjamin J Wedell, CFP®
(651) 464-4849
24078 Greenway Rd Ste 1A
Forest Lake, MN
Firm
Thrivent Financial
Areas of Specialization
Comprehensive Financial Planning

Data Provided By:
Ms. Tasha Marie Kazek, CFP®
(651) 968-7706
25 Lake St N Ste 310
Forest Lake, MN
Firm
Five Star Financial Resources

Data Provided By:
Mr. Michael George Trudeau, CFP®
6776 Lake Dr.
Lino Lakes, MN
Firm
Thrivent Financial for Lutherans

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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