You may have applied to get a business loan through your bank or credit union and had your application denied for one reason or another. This does not prevent you from applying for a commercial loan through www.sbaclc.com and attempting to find a suitable program for your business. Commercial Lending Corporation has access to one of the largest networks of lenders and commercial programs in the nation. As a result, they have been able to succeed and help businesses secure financing, even when they were previously denied. Commercial loans are available for new purchasing, refinancing, new construction projects, equity, hard money, rehabs, and more.
Apartment Complexes Can Obtain Remodeling Loans with Help from http://www.sbaclc.com
You have access to different commercial loan programs available through http://www.sbaclc.com, depending upon your exact needs. For example, you could own an apartment complex and want to remodel your units to maintain the building codes and regulations in your area. During this remodeling project you can also want to update your units to give them a new and fresh appearance or add new amenities to attract and retain renters. This type of project would require a rehabilitation loan. There are various ways in which you are able to secure a rehab loan. You might try refinancing your existing commercial mortgage and drawing out the extra funds for the project. Another option is to apply for a new loan and attach it as a second mortgage on your commercial property. You may find available a private placement program through private investors, by offering them a percentage of interest in your business as collateral.