Commercial Real Estate Financing Pikeville KY

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

US Bank - South Mayo Trail Office
(606) 437-2772
206 S Mayo Trl
Pikeville, KY
Drive Up Hours
Mon 08:00 am to 06:00 pm
Tue 08:00 am to 06:00 pm
Wed 08:00 am to 06:00 pm
Thur 08:00 am to 06:00 pm
Fri 08:00 am to 06:00 pm
Sat 09:00 am to 12:00 pm

US Bank - North Mayo Trail Office
(606) 437-2770
3663 N Mayo Trail
Pikeville, KY
Drive Up Hours
Mon 08:00 am to 06:00 pm
Tue 08:00 am to 06:00 pm
Wed 08:00 am to 06:00 pm
Thur 08:00 am to 06:00 pm
Fri 08:00 am to 06:00 pm
Sat 09:00 am to 12:00 pm

US Bank - Elkhorn City Office
(606) 754-5082
114 W Russell St
Elkhorn City, KY
Drive Up Hours
Mon 08:30 am to 04:00 pm
Tue 08:30 am to 04:00 pm
Wed 08:30 am to 04:00 pm
Thur 08:30 am to 04:00 pm
Fri 08:30 am to 06:00 pm

US Bank - Southside Office
(606) 237-8406
27989 US Highway 119 N
South Williamson, KY
Drive Up Hours
Mon 08:00 am to 04:00 pm
Tue 08:00 am to 04:00 pm
Wed 08:00 am to 04:00 pm
Thur 08:00 am to 04:00 pm
Fri 08:00 am to 06:00 pm
Sat 09:00 am to 12:00 pm

Johanna Fox Turner
Milestones Financial Planning, LLC
270/247.0555
907 Paris Road
Mayfield, KY
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Tax Planning, Planning Issues for Business Owners, Retirement Plan Investment Advice, Planning Issues for Unmarried & Same-Sex Couples
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA

US Bank - Johns Creek Office
(606) 631-1593
9782 Meta Hwy
Pikeville, KY
Drive Up Hours
Mon 09:00 am to 04:00 pm
Tue 09:00 am to 04:00 pm
Wed 09:00 am to 04:00 pm
Thur 09:00 am to 04:00 pm
Fri 09:00 am to 06:00 pm

US Bank - Martin Office
(606) 285-6300
Junction 122 Route 80
Martin, KY
Drive Up Hours
Mon 08:00 am to 05:00 pm
Tue 08:00 am to 05:00 pm
Wed 08:00 am to 05:00 pm
Thur 08:00 am to 05:00 pm
Fri 08:00 am to 06:00 pm
Sat 09:00 am to 12:00 pm

US Bank - Prestonsburg Office
(606) 886-2924
415 N Lake Dr
Prestonsburg, KY
Drive Up Hours
Mon 08:00 am to 05:00 pm
Tue 08:00 am to 05:00 pm
Wed 08:00 am to 05:00 pm
Thur 08:00 am to 05:00 pm
Fri 08:00 am to 06:00 pm
Sat 09:00 am to 12:00 pm

Jerome Zimmerer
D. Scott Neal, Inc.
(502) 459-7199
950 Breckenridge Lane, Suite 115
Louisville, KY
Expertises
Ongoing Investment Management, Investment Advice without Ongoing Management, Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, CPA/PFS

W. Michael Cooper
Cooper Management Service, Inc.
(859) 259-0063
106 W. Vine Street. Ste 700
Lexington, KY
Expertises
High Net Worth Client Needs, Planning Issues for Business Owners, Estate & Generational Planning Issues, Ongoing Investment Management, Retirement Plan Investment Advice, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, CFS

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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