Commercial Real Estate Financing Reading PA

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

Ms. Pamela F. Groft, CFP®
(610) 478-7475
621 Franklin St
West Reading, PA
Firm
Groft Financial Services
Areas of Specialization
General Financial Planning, Retirement Planning, Women's Finances

Data Provided By:
Mr. Jeffrey S. Alderfer, CFP®
(484) 477-4100
49 Commerce Dr
Wyomissing, PA
Firm
Convergent Financial Advisors LLC
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Divorce Issues, Education Planning, Employee and Employer Plan Benefits, Government and Military
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided By:
Ms. Nancy W. Magee, CFP®
(610) 376-6334
1122 Penn Ave.
Wyomissing, PA
Firm
Financial Planning Advisors
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Elder Care, Estate Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided By:
Ms. Jean M. Breininger, CFP®
(610) 478-4503
1350 Broadcasting Road
Wyomissing, PA
Firm
Morgan Stanley Smith Barney

Data Provided By:
Mr. Ronald W Bair Jr., CFP®
(610) 823-2882
116 Deborah Dr
Wyomissing, PA
Firm
John Hancock
Areas of Specialization
Asset Allocation, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning, Insurance Planning, Investment Management, Investment Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided By:
Mr. Christopher Zavecz, CFP®
(610) 376-9561
1330 Broadcasting Road
Wyomissing, PA
Firm
Sterling Financial Advisors LLC
Areas of Specialization
Comprehensive Financial Planning, Education Planning, General Financial Planning, Government and Military, Investment Planning, Retirement Planning, Social Security Planning

Data Provided By:
Mr. Jonathan D. Moyer, CFP®
(610) 750-7120
300 N Kenhorst Blvd
Reading, PA
Firm
Moyer Insurance & Financial Solutions
Areas of Specialization
Asset Allocation, General Financial Planning, Investment Management, Retirement Planning, Small Business Planning, Tax Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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



Data Provided By:
Mr. Michael E. Hyde, CFP®
(610) 775-8733
222 Kenhorst Blvd
Reading, PA
Firm
The Hyde Financial Group LLC
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, Investment Management, Retirement Income Management, Retirement Planning, Securities, Tax Preparation
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided By:
Julie M. Kemp, CFP®
(610) 376-6334
1122 Penn Avenue
Wyomissing, PA
Firm
Financial Planning Advisors
Areas of Specialization
Comprehensive Financial Planning, General Financial Planning, Women's Finances, Young Professionals

Data Provided By:
Ms. Merra Lee Moffitt, CFP®
(610) 488-7353
711 Spring St
Wyomissing, PA
Firm
Lpl Financial Corporation
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Self-Employed Business Owners

Data Provided By:
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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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