Commercial Real Estate Financing Jonesboro AR

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

L. Stephen McNamara
McNamara Financial Planning, LLC
(870) 897-8147
2510 E. Nettleton Avenue, Suite 9
Jonesboro, AR
Expertises
Tax Planning, Estate & Generational Planning Issues, Retirement Plan Investment Advice, High Net Worth Client Needs, Middle Income Client Needs, Investment Advice without Ongoing Management
Certifications
NAPFA Registered Financial Advisor, CPA/PFS

Mr. Mark A. Belk, CFP®
(870) 935-6900
1720 S Caraway Rd
Jonesboro, AR
Firm
Northwestern Mutual Financial

Data Provided By:
Bank of America - Highland
(870) 933-4351
2500 Highland
Jonesboro, AR
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 9-6
Saturday 9-12
Sunday Closed
Drive Up Hours
Monday 8-6
Tuesday 8-6
Wednesday 8-6
Thursday 8-6
Friday 8-6
Saturday 9-12
Sunday Closed

Regions Bank - Nettleton
(870) 931-0904
4902 East Nettleton Avenue
Jonesboro, AR
Type
Branch
Office Hours
M-F 9:00-2:00
S CLOSED
Su NA
Drive Up Hours
M-F 9:00-2:00
S CLOSED
Su NA

Tax & Financial Advantage Group Inc
(870) 935-1040
2401 Bernard St Ste 6
Jonesboro, AR
 
Stuart Reid, CFP®
(870) 933-6536
2400 E Highland Dr Ste 310
Jonesboro, AR
Firm
Raymond James & Associates, Inc.
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, General Financial Planning, Investment Management, Retirement Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable



Data Provided By:
Mr. Barry Brian Hesse, CFP®
(870) 931-4222
2217 Woodsprings Rd Ste C
Jonesboro, AR
Firm
Thrivent Financial for Luthera
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: Not Applicable

Profession: Not Applicable

Data Provided By:
Bank of America - Southwest - Jonesboro
(870) 933-4369
630 Southwest Drive
Jonesboro, AR
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 9-5
Saturday 9-12
Sunday Closed
Drive Up Hours
Monday 8-5
Tuesday 8-5
Wednesday 8-5
Thursday 8-5
Friday 8-6
Saturday 9-12
Sunday Closed

Raymond James Financial Services
(870) 336-3000
225 S Church St Ste A
Jonesboro, AR
 
Clark Financial Services
(870) 935-2961
1810 Executive Sq
Jonesboro, AR
 
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