Commercial Real Estate Financing Norman OK

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

Mr. Michael W. Sigmon, CFP®
(405) 329-3444
825 Wall St
Norman, OK
Firm
Sigmon Wealth Management, Inc.
Key Considerations
Average Net Worth: $500,001 - $1,000,000



Data Provided By:
Ms. Nancee Thonn, CFP®
(405) 360-8836
713 Wall St
Norman, OK
Firm
Ameriprise Financial Services,
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Divorce Issues, Estate Planning, Insurance Planning, Investment Management, Long-Term Care

Data Provided By:
Mr. Gregory Dean Strickland, CFP®
(405) 366-2748
401 W. Main St.
Norman, OK
Firm
Republic Investment Services

Data Provided By:
Joan Geurkink Lawson, CFP®
(405) 928-5905
1012 24th Ave. NW, Ste. 400
Norman, OK
Firm
Southwest Securities
Areas of Specialization
Retirement Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $250,001 - $500,000



Data Provided By:
Mr. Mark E. Woody, CFP®
(405) 360-8836
713 Wall St Ste A
Norman, OK
Firm
Ameriprise Financial Services - Mark E. Woody & Associates
Areas of Specialization
Comprehensive Financial Planning

Data Provided By:
Mrs. Jann G. Knotts, CFP®
(405) 329-1234
2420 Springer Dr
Norman, OK
Firm
Financial Journeys
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Divorce Issues, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $250,001 - $500,000

Profession: Not Applicable

Data Provided By:
Mr. James C. Chapman, CFP®
(405) 912-5300
308 W Main St
Norman, OK
Firm
James C Chapman, CPA, CFP
Areas of Specialization
Estate Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Profession: Government Employees

Data Provided By:
Dr. Margaret F. Doviak, CFP®
(405) 329-8884
201 E Main St
Norman, OK
Firm
DM Wealth Management Inc
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Comprehensive Financial Planning, Debt Management, Divorce Issues, Education Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided By:
Mr. John W. Sigmon, CFP®
(405) 329-3444
825 Wall St
Norman, OK
Firm
Sigmon Wealth Management
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Self-Employed Business Owners

Data Provided By:
Mr. Ronald M. Geurkink, CFP®
(405) 321-7575
2600 Van Buren St
Norman, OK
Firm
RMG Consulting Group, Inc.

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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