Commercial Real Estate Financing Lafayette LA

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.

Robert Morella
Apex Capital Management
(337) 984-7010
701 Robley Dr., Ste. 200
Lafayette, LA
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Tax Planning, Estate & Generational Planning Issues, Hourly Financial Planning Services, Advising Entrepreneurs
Certifications
NAPFA Registered Financial Advisor, CPA/PFS

Mr. Gerard Patin, CFP®
(337) 254-3094
102 Versailles Blvd Ste 808
Lafayette, LA
Firm
Met Life
Areas of Specialization
Estate Planning, Insurance Planning, Investment Planning, Retirement Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Business Executives

Data Provided By:
Mr. John N. Gherardi, CFP®
(337) 266-6015
1021 E Saint Mary Blvd
Lafayette, LA
Firm
UBS Financial Services Inc.
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Investment Management

Data Provided By:
Mr. Henry L Mayer Iii, CFP®
(337) 289-5830
1220 Camellia Blvd
Lafayette, LA
Firm
Raymond James & Associates, Inc.
Areas of Specialization
Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $500,001 - $1,000,000

Profession: Medical/Dental Professionals

Data Provided By:
Mr. Mark A. Thomas, CFP®
(337) 993-3613
402 E. Peck Blvd
Lafayette, LA
Firm
Horizon Capital Management
Areas of Specialization
Investment Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Not Applicable

Data Provided By:
Mr. Michael E. Pharr, CFP®
(337) 232-1141
PO Box 53007
Lafayette, LA
Firm
Summit Financial
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Divorce Issues, Education Planning, Employee and Employer Plan Benefits, Estate Planning

Data Provided By:
Mr. Stephen R. Moore Jr., CFP®
(337) 232-4141
PO Box 51901
Lafayette, LA
Firm
KCSC Financial Services, LLC
Areas of Specialization
Accounting, Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management, Divorce Issues

Data Provided By:
Mr. David J. Romagosa Sr., CFP®
(337) 233-6066
213 N College Rd
Lafayette, LA
Firm
Cornerstone Financial Group In

Data Provided By:
Mr. Adam Johnston Curry, CFP®
2000 Kaliste Saloom Rd Ste 300
Lafayette, LA
Firm
Darnall, Sikes, Gardes & Frederick

Data Provided By:
Mr. James H. Dupuis, CFP®
(337) 232-3637
100 Petroleum Dr
Lafayette, LA
Firm
Wright Moore Dehart Dupuis & H

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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