Commercial loans to know in Houston edition

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COMMERCIAL LOANS TO KNOW
(Houston Edition)
www.enrichedrealestate.com
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Introduction
Starting a business is one of the best ways to
have a sustainable income. But it can be
dif?cult to start businesses on your own. This is
where you seek ?nancial help. Commercial real
estate or CRE is one of the best ways to gain a
steady income. But how do you begin? Can you
get loans to help buy the properties you need?
Are there CRE loans for the nonpro?t
sector? Well answer all your questions below!
Its never too late to try your luck in gaining
pro?t.
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Loans for your need!
The six main categories of CRE Of?ce
Properties Retail or Restaurant Shops Industrial
Properties Apartments Land Prepared for Future
Development Hotels, Sports Facilities, Nursing
Homes Etc.
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Types of loan you can apply for!
You can ?nd various types of commercial real
estate loans in any state. If you have a business
or looking to expand one then its wise to invest
well. Traditional Commercial Mortgage Your
property needs to be owner-occupied to avail of
this loan. Your CRE loan is secure through buying
of the property. The terms and conditions depend
on the lender. Conduit/CMBS Loans These are
commercial mortgages. They work as mortgages
sold to investors through a secondary market.
They will ?nance between 1 million and 3
million as the smallest amount. SBA 7(a) Loan
The small business administrations ?agship loan.
You can borrow as much as 5 million with the
help of an SBA-af?liated lender.
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Types of loan you can apply for!

• SBA 504 Loan Includes loans from a certi?ed
  development company. One offers 40 of the total
  loan amount and the other from the bank with 50
  or more of the loan amount.
• Soft and Hard Money Loans Its all about credit
  worth. Soft money loans
• are a combination of a traditional mortgage and
  hard money loans. Hard money loans have a higher
  down payment term, easier to apply for and
  faster to fund.
• Commercial Bridge Loans Also called bridge the
  gap loans. You can use them until you ?nd a
  more suitable long-term ?nancing option.

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Loans for non-pro?t businesses
There are existing commercial real estate loans
for nonpro?t businesses. Even if there are no
pro?ts, these businesses need money to
operate. It can be hard but you can still ?nd
lenders. They look into the company revenues,
costs, fundraising plans, and other data. You can
also look for government grants and donations
to ?nance the business. With whatever business
you plan for the future, always make sure to
invest well. Whether to gain pro?t or to ful?ll
a dream, ?nding the best loan options is
important. Plan ahead and do research!
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To know more visit
www.enrichedrealestate.com