Commercial Real Estate Financing Harlingen TX

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

Mr. Roger D. Stevenson, CFP®
(956) 365-4270
1309 E Tyler Ave Ste B
Harlingen, TX
Firm
Thrivent Financial for Lutherans
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Profession: Service Professionals

Data Provided By:
Mr. Robert Raimond Farris, CFP®
(956) 423-4710
PO Box 1870
Harlingen, TX
Firm
Robert R. Farris MBA, CFP(R)

Data Provided By:
Capital One
(956) 365-6245
502 S Dixieland Rd.
Harlingen, TX
Type
Branch
Services
Drive-Up ATM Open after 5 PM Open on Saturday Branch Drive-Up Safe Deposit Box
Office Hours
Sun , Mon 9 AM - 4 PM, Tue 9 AM - 4 PM, Wed 9 AM - 4 PM, Thu 9 AM - 4 PM, Fri 9 AM - 6 PM,
Drive Up Hours
Sun , Mon 7:30 AM - 6 PM, Tue 7:30 AM - 6 PM, Wed 7:30 AM - 6 PM, Thu 7:30 AM - 6 PM, Fri 7:30 AM - 6 PM,

Wells Fargo - Dixieland
(956) 364-6200
1206 Dixieland Rd
Harlingen, TX
Type
Branch
Office Hours
Mon-Fri 07:30 AM-06:00 PM
Sat 08:00 AM-01:00 PM
Sun Closed

Wells Fargo - Ed Carey
(956) 428-5532
1901 S 77 Sunshine Strip
Harlingen, TX
Type
Branch
Office Hours
Mon-Fri 07:30 AM-06:00 PM
Sat 08:00 AM-01:00 PM
Sun Closed

Mr. David J. Heffernan, CFP®
(956) 423-1023
1206 E Tyler Ave
Harlingen, TX
Firm
Ameriprise Financial Advisors

Data Provided By:
Mr. Michael D. Shumway, CFP®
(956) 276-0383
2395 La Palma St Ste A
San Benito, TX
Firm
Shumway Financial Planning
Areas of Specialization
Comprehensive Financial Planning, Debt Management
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Non-Profit Employees

Data Provided By:
Bank of America - Harlingen
(956) 430-2000
222 East Van Buren
Harlingen, TX
Type
Banking Center
Services
Banking Center Services: Change Order, Commercial Deposits, Night Deposits, Drive Up
Outdoor ATM Services: Open 24 Hours, Braille, Accepts Deposits, Drive Up
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-3
Tuesday 9-3
Wednesday 9-3
Thursday 9-3
Friday 9-6
Saturday Closed
Sunday Closed
Drive Up Hours
Monday 8-6
Tuesday 8-6
Wednesday 8-6
Thursday 8-6
Friday 8-6
Saturday 9-1
Sunday Closed

Capital One
(956) 365-6335
300 East Van Buren
Harlingen, TX
Type
Branch

Capital One
(956) 365-6820
295 West Hwy. 77
San Benito, TX
Type
Branch
Services
Walk-Up ATM Open after 5 PM Open on Saturday Branch Drive-Up Safe Deposit Box
Office Hours
Sun , Mon 9 AM - 4 PM, Tue 9 AM - 4 PM, Wed 9 AM - 4 PM, Thu 9 AM - 4 PM, Fri 9 AM - 6 PM,
Drive Up Hours
Sun , Mon 7:30 AM - 6 PM, Tue 7:30 AM - 6 PM, Wed 7:30 AM - 6 PM, Thu 7:30 AM - 6 PM, Fri 7:30 AM - 6 PM,

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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