Commercial Real Estate Financing Lafayette IN

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

David Diesslin
Diesslin & Associates, Inc.
(765) 497-7744
2639 Yeager Road
West Lafayette, IN
Expertises
Ongoing Investment Management, Planning Issues for Business Owners, Charitable Giving - Trusts & Foundations, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, MBA

Mr. Damon C. Newsom, CFP®
(765) 423-5621
250 Main Street
Lafayette, IN
Firm
City Securities Corporation
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Education Planning, Estate Planning, Investment Management, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000



Data Provided By:
Mr. David Carl Vorbeck, CFP®
(765) 742-8300
839 Main St
Lafayette, IN
Firm
Bison Financial Group

Data Provided By:
Mr. James T. Macdonald, CFP®
(765) 742-7366
672 Main St.
Lafayette, IN
Firm
Gettings Reed Financial, LLC
Areas of Specialization
Asset Allocation
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Business Executives

Data Provided By:
Ms. Elaine M. Schamber, CFP®
(765) 807-0683
PO Box 4698
Lafayette, IN
Firm
The Schamber Group, Inc.
Areas of Specialization
Comprehensive Financial Planning, Employee and Employer Plan Benefits, Retirement Income Management, Wealth Management, Women's Finances

Data Provided By:
Mr. James Robert Schrader, CFP®
415 Columbia St Ste 3100
Lafayette, IN
Firm
Morgan Stanley Wealth Management

Data Provided By:
Ms. Sarah A. Schwarz, CFP®
(765) 429-5289
1421 Union St
Lafayette, IN
Firm
Edward D Jones & Company

Data Provided By:
Mrs. Jessica E. Rebmann, CFP®
(765) 420-8420
415 Columbia St Ste 3100
Lafayette, IN
Firm
Morgan Stanley Smith Barney
Areas of Specialization
Comprehensive Financial Planning

Data Provided By:
Mr. Troy King, CFP®
(765) 420-7248
133 N 4th St Ste 203
Lafayette, IN
Firm
Raymond James Morgan Keegan
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Investment Management, Investment Planning, Retirement Income Management, Retirement Planning

Data Provided By:
Jennifer C. Russell, CFP®
(765) 423-7490
414 Main St
Lafayette, IN
Firm
Edward D Jones & Co

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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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