Commercial Real Estate Financing Las Cruces NM

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

Mr. Carl R. Overmyer, CFP®
(575) 541-6501
340 N Water St
Las Cruces, NM
Firm
Ameriprise Financial
Areas of Specialization
Asset Allocation
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Self-Employed Business Owners

Data Provided By:
Mr. Charles J. Wagner, CFP®
(505) 556-8514
2455 Missouri Ave Ste A
Las Cruces, NM
Firm
Wagner Financial Services, LLC

Data Provided By:
Bryce Andersen, CFP®
(575) 521-5130
425 S Telshor Blvd Ste C101
Las Cruces, NM
Firm
Merrill Lynch Bank & Trust Co., Fsb
Areas of Specialization
Banking, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Investment Management, Long-Term Care, Retirement Income Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: Not Applicable

Profession: Not Applicable

Data Provided By:
Wells Fargo - South Main
(575) 526-7000
500 S Main St
Las Cruces, NM
Type
Branch
Office Hours
Mon-Thu 09:00 AM-05:00 PM
Fri 09:00 AM-06:00 PM
Sat 09:00 AM-01:00 PM
Sun Closed

Wells Fargo - North Main
(575) 523-3942
2400 N Main St
Las Cruces, NM
Type
Branch
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed

Donald K Shaw, CFP®
(575) 523-7444
2452 Missouri Ave
Las Cruces, NM
Firm
Kriegel/Gray/Shaw & Co., P.C. Certified Public Accountants
Areas of Specialization
Accounting, Comprehensive Financial Planning, Estate Planning, General Financial Planning, Small Business Planning, Tax Planning

Data Provided By:
Mr. Frank D. Szalay, CFP®
(575) 526-9006
650 Montana Ave Ste I
Las Cruces, NM
Firm
Raymond James Financial Services, Inc.

Data Provided By:
Mr. Brent A Lambert, CFP®
(575) 521-2355
3050 Roadrunner Pkwy
Las Cruces, NM
Firm
Morgan Stanley

Data Provided By:
Wells Fargo - Wal-Mart Las Cruces
(575) 526-1228
571 Walton Blvd
Las Cruces, NM
Type
In-Store Branch
Office Hours
Mon-Thu 10:00 AM-06:00 PM
Fri 10:00 AM-07:00 PM
Sat 10:00 AM-06:00 PM
Sun Closed

Wells Fargo - South Main Mb
(575) 526-7214
600 S Main St
Las Cruces, NM
Type
Motor Bank
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat 09:00 AM-01:00 PM
Sun Closed

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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