Commercial Real Estate Financing Lock Haven PA

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

Mr. John D. Grigsby, CFP®
(717) 571-8203
91 Creekside Dr
Jersey Shore, PA
Firm
Pennsylvania College of Technology
Areas of Specialization
Accounting, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Elder Care

Data Provided By:
Mr. Mack R. Courter, CFP®
888 E High Street
Bellefonte, PA
Firm
Courter Financial

Data Provided By:
Spencer Sherman
Abacus Wealth Partners, LLC
(215) 656-4280
1818 Market Street, Suite 3740
Philadelphia, PA
Expertises
Charitable Giving - Trusts & Foundations, Estate & Generational Planning Issues, Financial Issues Between Generations, Ongoing Investment Management, Planning Issues for Business Owners, Socially Responsible Investments
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Jonathan Heller
KEJ Financial Advisors, LLC
(215) 860-3605
536 Sterling Street
Newtown, PA
Expertises
Investment Advice without Ongoing Management, Retirement Plan Investment Advice, Helping Clients Identify & Achieve Goals, Professional Athletes or Entertainers, Tax Planning, Newlyweds & Novice Investors
Certifications
NAPFA Registered Financial Advisor, CFA, MBA

Diane Pearson
Legend Financial Advisors, Inc.
(412) 635-9210
5700 Corporate Drive, Suite 350
Pittsburgh, PA
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, College/Education Planning, Women's Financial Planning Issues, Estate & Generational Planning Issues, Divorce Planning
Certifications
NAPFA Registered Financial Advisor, CDFA, CFP®

Mr. Ronald A. Dotts, CFP®
(814) 355-4293
325 DEBI DR
BELLEFONTE, PA
Firm
RONALD A DOTTS, EA, CFP

Data Provided By:
Citizens Bank - Bellefonte
(814) 355-8600
835 East Bishop Street
Bellefonte, PA
Type
Branch
Office Hours
Mon: 9AM-5PM
Tue: 9AM-5PM
Wed: 9AM-5PM
Thu: 9AM-5PM
Fri: 9AM-6PM
Sat: 9AM-12PM
Sun: na
Drive Up Hours
Mon: 9AM-5PM
Tue: 9AM-5PM
Wed: 9AM-5PM
Thu: 9AM-5PM
Fri: 9AM-6PM
Sat: 9AM-12PM
Sun: na

Neil Kauffman
Kauffman & Drebing
(215) 546-8016
230 South Broad Street, 5th Floor
Philadelphia, PA
Expertises
Retirement Planning & Distribution Rules, Advising Medical Professionals, Hourly Financial Planning Services, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, BA, Ed.D., M.Ed., MBA

Robert Choiniere
Plans to Prosper, LLC
(724) 935-5553
109 Gateway Avenue, Suite 201
Wexford, PA
Expertises
Helping Clients Identify & Achieve Goals, Ongoing Investment Management, Advising Medical Professionals, College/Education Planning, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Stan Richelson
Scarsdale Investment Group, Ltd.
(215) 646-8768
340 Miles Drive
Blue Bell, PA
Expertises
Planning Issues for Business Owners, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BA, JD, LLM

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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