But it doesn’t have to be- just be sure to make judicial use of common sense. When preparing for commercial mortgage financing understand the property value of the commercial real estate you’re looking at- not just the market value, but the value it could have to your company. Then gather as much information as you can about the property and about your company, extrapolating it all to show how commercial property financing would enable your company’s profits to soar. Remember, commercial loan lenders are willing to work with you, but you must be able to show them you’re willing to work. If, however, for whatever reason you want to avoid a commercial mortgage, I might suggest looking into a commercial agreement with a company like RDS Real Estate. Contact us to see how we could help you with expanding your business.
MS