Business Loans are loans designed to help individuals start, acquire or grow a business. Business loans can be found in many categories from lines of credit to senior secured debt that is collateralized by real estate.
Today most business loans require two basic components; 1.) the borrower must have experience in the industry for which the business operates and 2.) there must be some sort of collateral to secure the business loan.
Qualifying for a business loan can be made easier by applying for an SBA (Small Business Administration) guaranteed loan. The SBA, a government organization, sets forth guidelines for qualification of the borrower and the business and because the lenders risk of loss are significantly reduced if the conditions for approval are met and the borrower defaults, many lenders are more willing to approve an SBA Business Loan than a Conventional Business Loan.
In the recent past though, even SBA business loan approvals have been hard to come by even when commercial real estate was a part of the equation. The tightening regulations on banks and fear of more trouble in the economy had restricted the flow of capital. However, today a new breed of business loan provider is emerging.
These lenders provide a combination of SBA and Conventional financing to make business loans that make sense and since they don't sell their loans in the secondary market but house their business loans in their own portfolio, they are much more flexible and willing to make business loans that others would not approve.
Dividend America Commercial Lending and their unique approach to the business loan market has partnered with multiple service providers to help businesses acquire business loans to finance the equipment and commercial real estate they need to expand and grow.
If you are thinking about purchasing commercial real estate for your business then a business loan using DACL's special hybrid SBA and Conventional business lending strategies might be the right answer. To get more information on how buying commercial real estate can be a benefit to your business call Michael Gross, President, Dividend America Commercial Lending at 404-819-4511 or email your scenario to firstname.lastname@example.org.
DACL has the lending and real estate professionals nationwide that can help with identifying and negotiating for the purchase of the right type of property for your business and then providing the perfect business loan to make it all come together.
Our Professional Practices Program loans are available in all 50 states with special attention to cities listed in the Standard & Poor’s Case Shiller Index – Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, Fort Lauderdale, Orlando, San Diego, New York, San Francisco, Phoenix, Atlanta, Tampa Bay, Detroit, Minneapolis-Saint Paul, Charlotte, Dallas / Fort Worth, Portland, Seattle, Cleveland, Oklahoma City, Jacksonville, Indianapolis, Nashville, Kansas City, Louisville, Milwaukee, New Orleans, Philadelphia, Raleigh, Sacramento, Salt Lake City, San Antonio, San Jose, Saint Louis, Tucson, Austin, Baltimore