Commercial Real Estate Financing State College PA

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

Jeffrey McClarren
McClarren Financial Advisors
(814) 235-1940
1364 South Atherton Street
State College, PA
Expertises
Ongoing Investment Management, Middle Income Client Needs, Retirement Planning & Distribution Rules, Tax Planning, Helping Clients Identify & Achieve Goals, Socially Responsible Investments
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Mr. William H. Martin, CFP®
(814) 466-6295
3949 S Atherton St
State College, PA
Firm
Wienken & Associates

Data Provided By:
Mr. Eric W. Loop, CFP®
(814) 861-1734
720 South Atherton Street
State College, PA
Firm
Morgan Stanley Wealth Management
Areas of Specialization
Asset Allocation, General Financial Planning, Investment Management, Retirement Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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



Data Provided By:
Mr. James J. Karchner, CFP®
(814) 238-8474
1423 N Atherton St
State College, PA
Firm
SF & Company
Areas of Specialization
Education Planning, Estate Planning, Investment Management, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided By:
Mr. Jeffrey L. Mcclarren, CFP®
(814) 235-1940
1364 S Atherton St
State College, PA
Firm
McClarren Financial Advisors
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Medical/Dental Professionals

Data Provided By:
Mr. Eric K. Dare, CFP®
(814) 238-0544
270 Walker Dr
State College, PA
Firm
PFG Wealth Advisors, LLC

Data Provided By:
Mr. Nicholas S. Accordino, CFP®
(814) 234-2500
PO Box 252
State College, PA
Firm
Diversified Asset Planners

Data Provided By:
Mr. Thomas M. Hall, CFP®
(814) 231-8905
120 Regent Ct Ste 200
State College, PA
Firm
Merrill Lynch Bank & Trust Co., Fsb
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Estate Planning, Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000



Data Provided By:
Janet G. Palmatier, CFP®
(814) 808-4750
1315 S Allen St Ste 306
State College, PA
Firm
Ameriprise Financial
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Insurance Planning, Investment Management, Long-Term Care, Retirement Planning

Data Provided By:
Mr. Joseph A. Webber, CFP®
(814) 861-1712
720 S Atherton St
State College, PA
Firm
Morgan Stanley Wealth Management
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Management, Investment Planning, Retirement Income Management, Retirement Planning

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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