Commercial Real Estate Financing Skokie IL

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

Joseph Smith
JAS Financial Services, LLC
(847) 328-8011
9933 Lawler Avenue
Skokie, IL
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues, Tax Planning, Investment Advice without Ongoing Management, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, AEP, CPA/PFS, JD

Joseph Smith
JAS Financial Services, LLC
(847) 328-8011
3451 Harrison Street
Evanston, IL
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues, Tax Planning, Investment Advice without Ongoing Management, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, AEP, CPA/PFS, JD

Jeffrey Smith
North Shore Investment Consulting, LLC
(847) 445-4100
1150 Wilmette Avenue, Suite F
Wilmette, IL
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Plan Investment Advice, High Net Worth Client Needs, Retirement Planning & Distribution Rules, Middle Income Client Needs
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®, ChFc, MBA

John Valleau
ShankerValleau Wealth Advisors, Inc.
(847) 475-2900
1421 Sherman Avenue, Suite 101
Evanston, IL
Expertises
Ongoing Investment Management, High Net Worth Client Needs, Helping Clients Identify & Achieve Goals, Tax Planning, Planning Issues for Business Owners, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA

Timothy Quinn
Quinn Financial Planning, LLC
(312) 263-2700
8745 West Higgins Road, Suite 200
Chicago, IL
Expertises
Advising Medical Professionals, College/Education Planning, High Net Worth Client Needs, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules, Socially Responsible Investments
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS

Thomas Zimmerman
Zimmerman Wealth Management, LLC
(847) 556-3200
1603 Orrington Avenue
Evanston, IL
Expertises
Helping Clients Identify & Achieve Goals, Ongoing Investment Management, Planning Issues for Business Owners, Estate & Generational Planning Issues, Advising Medical Professionals, Divorce Planning
Certifications
NAPFA Registered Financial Advisor, CFP®

Kevin Paulsen
GreatLight Fee Only Advisors, LLC
(847) 556-9299
2521 Gross Point Road
Evanston, IL
Expertises
Planning Issues for Unmarried & Same-Sex Couples, Retirement Planning & Distribution Rules, College/Education Planning, Advising Employee Benefit Plan Participants, Middle Income Client Needs, Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Sidney Blum
GreatLight Fee Only Advisors, LLC
(847) 556-9299
2521 Gross Point Road
Evanston, IL
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Estate & Generational Planning Issues, Middle Income Client Needs, Retirement Planning & Distribution Rules, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, ATP, BS, CFP®, ChFc, CPA, CPA/PFS

Malay Vasavda
Quantum Financial Management LLC
(847) 730-3808
1701 E. Lake Avenue, Suite 430
Glenview, IL
Expertises
Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Planning Issues for Business Owners, Retirement Plan Investment Advice, Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Gary Bowyer
Deerfield Financial Advisors, Inc.
(847) 789-5000
1480 Renaissance Drive
Park Ridge, IL
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, MBA

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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