Commercial Real Estate Financing Westerville OH

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

Andrew Kerns
Accountable Financial Planning LLC
(614) 259-7799
112 Bellefield Avenue
Westerville, OH
Expertises
Middle Income Client Needs, Advising Medical Professionals, Women's Financial Planning Issues, Tax Planning, Ongoing Investment Management, Investment Advice without Ongoing Management
Certifications
NAPFA Registered Financial Advisor, CFP®

Joseph Baumann
Cambridge Financial & Tax Advisors, LLC
(614) 414-0600
830 E. Johnstown Road, Suite A
Columbus, OH
Expertises
Middle Income Client Needs, Tax Planning, Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, Ongoing Investment Management, Newlyweds & Novice Investors
Certifications
NAPFA Registered Financial Advisor, BA, CFP®

Thomas Davison
Summit Financial Strategies, Inc.
(614) 885-1115
7965 North High Street, Suite 350
Columbus, OH
Expertises
Planning Concerns for Corporate Executives, Ongoing Investment Management, Retirement Planning & Distribution Rules, Tax Planning, College/Education Planning, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, MA, PhD

Mark Coffey
Summit Financial Strategies, Inc.
(614) 885-1115
7965 North High Street, Suite 350
Columbus, OH
Expertises
Ongoing Investment Management, Charitable Giving - Trusts & Foundations, Helping Clients Identify & Achieve Goals, College/Education Planning, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, JD

Robert Reed
Reed Financial Planning LLC
(614) 263-3900
3763 North High Street
Columbus, OH
Expertises
Helping Clients Identify & Achieve Goals, Middle Income Client Needs, Newlyweds & Novice Investors, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, PhD

Mark Nerderman
Accord Financial Planning, LLC
(614) 855-4843
638 Churchill Drive
Gahanna, OH
Expertises
Ongoing Investment Management, Insurance Related Issues, including Annuities, Tax Planning, Middle Income Client Needs
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Ted Saneholtz
Summit Financial Strategies, Inc.
(614) 885-1115
7965 North High Street, Suite 350
Columbus, OH
Expertises
Ongoing Investment Management, Planning Issues for Business Owners, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules, Tax Planning, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, ChFc, CPA/PFS

Brian Sutliff
Summit Financial Strategies, Inc.
(614) 885-1115
7965 North High Street, Suite 350
Columbus, OH
Expertises
Advising Medical Professionals, Divorce Planning, Retirement Planning & Distribution Rules, Ongoing Investment Management, Cash Flow/Budgets/Credit Issues, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, BS, CDFA, CFP®, ChFc, MS

Joseph Reardon
Summit Financial Strategies, Inc.
(614) 885-1115
7965 North High Street, Suite 350
Columbus, OH
Expertises
Ongoing Investment Management, Cash Flow/Budgets/Credit Issues, College/Education Planning, Newlyweds & Novice Investors, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, CFP®, CRPS

Carol Friedhoff
Savvy Outcomes
(614) 580-9926
2720 Airport Dr.
Columbus, OH
Expertises
Middle Income Client Needs, Newlyweds & Novice Investors, Cash Flow/Budgets/Credit Issues, Women's Financial Planning Issues, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, CFP®, MS

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...

Click here to read the rest of this article from GlobalBx