A Commercial “Perm Loan” is a type of permanent loan used to purchase or refinance a commercial property that is fully stabilized. Whereas a bridge loan is used to acquire unstabilized assets or assets that need renovation, the perm loan product is specifically for commercial properties that are cash flowing with little capex needed.
A Perm Loan is a great fit in the following situations:
At Capital Funding, our commercial perm loan rates start at SOFR + 300! Our commercial perm loans offer a great option for long term investors looking to obtain a lower cost of capital on a cash flowing commercial asset.
APPLY FOR A
PERM LOAN
Secure a commercial perm loan quickly for your commercial building by utilizing Capital Funding’s fast and reliable approval process.
Capital Funding’s commercial perm loans allow real estate investors to purchase or refinance commercial properties with low rates therefore maximizing the cash flow. Capital Funding’s team is ready to assist your next commercial transaction with our commercial perm loan product specifically tailored to increasing cash flow by way of a lower payment and longer term.
Multifamily properties are a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At Capital Funding, we will lend to real estate investors looking to purchase or refinance multifamily properties with loan amounts from $1,000,000+.
Mixed-use is a type of development that blends commercial and residential property uses into one integrated complex or building. At Capital Funding, we will lend to real estate project investors on mixed use projects with loan amounts from $1,000,000+.
Retail is any property used for commercial retail space such as a storefront for selling goods or services or a large retail center. Capital Funding Financial will lend to real estate investors and business owners who are looking for a loan on retail properties from $1,000,000+.
Industrial is property classification used for manufacturing, production, and storage facilities. At Capital Funding, we will lend to real estate investors looking to purchase or refinance industrial properties with loan amounts of $1,000,000+.
Office is a property classification which generates income from tenants composedof businesses and professionals. Capital Funding will lend to real estate investors and business owners who are looking for a loan on office from $1,000,000+.
Capital Funding will lend to experienced hotel owners or operators with a flag in the hotel and lodging sector. Loan amounts for the hospitality industry are $1,000,000+.
Loan Application
Copy of Driver’s License & Passport
Personal Financial Statement
Schedule of Real Estate Owned
Bio/Resume
Last Twelve Months of Business Bank Statements
Current Rent Roll
Operating Statements for Last Three Years & YTD
Operating Budget/Proforma for Next 12 Months
Purchase Contract or Payoff & Current Mortgage Statement (if applicable)
Leases
Property Management Agreement
Planned and Past Capital Improvements
Valuation (to be ordered or provided)
Title & Insurance Contacts
Last 2 – 3 Years of Tax Returns (Business & Personal)
Entity Documents – Articles of Organization + Bylaws/Operating Agreement
Organizational Chart and Business Debt Schedule
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5550 Glades Rd Ste #200,
Boca Raton, FL 33431
