Commercial Real Estate Financing Wasilla AK

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

Mr. Thomas R. Lehe Jr., CFP®
(907) 376-8373
851 E Westpoint Dr Ste 209
Wasilla, AK
Firm
Waddell & Reed
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, General Financial Planning, Healthcare Planning, Insurance Planning, Intergenerational Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided By:
Mrs. Carol A. Akerson, CFP®
(907) 746-1316
3291 Seagull Dr
Palmer, AK
Firm
Waddell & Reed

Data Provided By:
Wells Fargo - Wasilla
(907) 376-5355
581 W Parks Hwy
Wasilla, AK
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat-Sun Closed

Wells Fargo - Palmer
(907) 745-2161
705 S Bailey St
Palmer, AK
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 10:00 AM-05:00 PM
Sun Closed

John Morgan Brantner, CFP®
(907) 523-3422
8800 Glacier Hwy Ste 222
Juneau, AK
Firm
Wells Fargo Advisors, LLC
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Management

Data Provided By:
David Paul Eller, CFP®
(907) 376-4379
701 E Parks Hwy Ste 204
Wasilla, AK
Firm
Edward Jones Investments

Data Provided By:
Wells Fargo - Cottonwood Creek
(907) 376-6797
1701 E Parks Hwy
Wasilla, AK
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 10:00 AM-05:00 PM
Sun Closed

Wells Fargo - Wasilla Wal-Mart
(907) 357-6221
1350 S Seward Meridian Rd
Wasilla, AK
Type
In-Store Branch
Office Hours
Mon-Sat 10:00 AM-06:00 PM
Sun 12:00 PM-04:00 PM

Wells Fargo - Eagle River
(907) 689-4200
16600 Centerfield Dr
Eagle River, AK
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 10:00 AM-03:00 PM
Sun Closed

Mr. James G. Thiele, CFP®
(901) 562-2658
2524 Azurite Ct
Anchorage, AK
Areas of Specialization
Employee and Employer Plan Benefits, Investment Planning, Retirement Income Management, Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

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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