Commercial Office Building Loans
Are you looking for just the right loan to finance your office building? We can arrange Stated Income and conventional financing for office building loans in amounts starting at $100,000 and up. We can offer fixed as well as adjustable rate programs with terms that can range up to 30 years. If you qualify, we will generally have a "letter of interest" or "pre-approval" for you in 24 to 48 hours after receipt of your full package. Closing can take place within 30-45 days from the time we receive your completed loan package.
Many banks and other conventional lending sources often turn down small loan requests. Usually, the borrower's credit is good and the property is sound and well-occupied. They just don't want to handle the smaller loan requests therefore, many deserving investors do not get necessary funding.
Loans for office building financing are a Small Business Capital specialty. We have creative lenders who can structure a loan package for financing your office building or remodeling. We finance single-tenant, multi-tenant loans on office condo buildings. Financing the transaction is driven by a desire for the best terms, lowest possible rate and highest possible loan amount.
Your SMALL BUSINESS CAPITAL representative will guide you through the entire loan process. He/she will counsel you from start or finish to answer any questions that you may have. We hope we have provided enough preliminary information for you to make your choice. You can contact us with any additional questions or concerns you may have.
SMALL BUSINESS CAPITAL will work with you on your purchase or refinance/cash out mortgage for your office building loans. We are here to help you meet your financial goals. As much as we try, we know we can't possibly answer everyone's questions on a web site. Please
contact us with your loan request.
Class Ratings:
Class A - Those that you see in the heart of the downtown financial district with lots of brass and glass fixtures and huge, expensive lobbies are examples of Class A property types. Class A's are usually steel-framed and high rise. They are often occupied by banks, high-priced law firms, investment banking companies, and other high-profile companies with a need to provide the opulent trappings of financial success.
Class B - properties have good while not 'excellent' locations. Management, construction and tenant standards are on the high end. They should have very little functional obsolescence and deterioration. In practical terms, Class B structures are usually newer and wood-framed. Class B's are often found in the suburbs or the less-pricey areas of major Central Business Districts. Wood-framed Class B's are usually three stories or less.
Class C - buildings are typically 15 to 25 years old but are maintaining steady occupancy. A fair number of the Class C spaces in the inventory are not truly traditional structures but rather walk-up spaces above retail or service businesses.
In a normal market, Class A rents are much higher than Class B, which are above Class C. This makes sense because Class A's offer higher quality to the tenants and cost more to provide.