- Serving 25 States -
Commercial Loan Programs

COMMERCIAL LOAN INFORMATION

Commercial Loans:
At this time, AAXA Discount Mortgage does not handle commercial loans. However, you can apply for a commercial loan via c-loans.com. Simply fill out the following online application and c-loans.com will match your application with a commercial lender:

APPLY FOR A COMMERCIAL LOAN

"'Asset Based" Commercial Real Estate:
Also commonly referred to as "Hard Money". Properties with severe vacancy issues, past and current credit issues, cash flow issues, bankruptcy and pending foreclosures are all typical challenges that can in some cases be resolved with "hard money" lending. These loans are typically no higher than 65% LTV with between 5 and 12 points charged. Creative structuring (ie: interest reserves, interest only payments, quarterly payments, etc.) with one to three year terms is typical.

Apply Online via c-loans.com

Non-Conforming Commercial Real Estate Loan::
These loans are usually $50,000 to $750,000 in size and are intended for more conventional credit profiles but non-conventional property types, LTV or CLTV requirements, or income/asset shortages that prohibit the local bank market from making such loans.

Conventional Commercial Real Estate Loan:
These loans are usually quite large in size, typically $1 million being the smallest and are typically for standard commercial property types including: assisted living facilities, apartment buildings, condo conversions, etc. Strong full doc packages with substantial assets are required to qualify. Long terms (up to 40 years in some cases) are available along with competitive interest rates.

SBA loans:
These commercial loans are appropriate when long-term amortization is needed for non-bankable property types and newer businesses. These loans are best suited to restaurants, auto repair facilities, convenience stores, etc. In most cases, real estate must be used as the primary collateral, but equipment can be taken into consideration as additional collateral.

Apply Online via c-loans.com

Hard Equity loans:
These commercial loans cannot exceed 70% of the appraised value. These loans are effective when there are extreme credit difficulties, vacancy issues, short-term property difficulties, etc. Hard equity commercial loans are short term, usually one to three year terms, and can be structured as interest only, principal and interest monthly or quarterly, and in some cases can include interest reserves where up to 2 years of payment scan be financed in loan proceeds.

Hybrid Equity loans:
These commercial loans are effective for small commercial real estate loans of all property types. Virtually any type of commercial real estate (with the exception of raw land) can be used as collateral for this type of loan. These business loans offer significantly shorter loan processing time than an SBA loan, but slightly longer than hard equity loans. Hybrid equity loans offer similar loan to values as Hard Equity loans, but longer amortizations and better interest rates.

Commercial Equipment Financing:

Equipment Leasing:
A wide variety of bank, non-bank, and broker arranged investors facilitate the leasing of all types of commercially used equipment. This array of capital sources allows convenient lease structuring to virtually all types of companies and credit profiles that are looking for the advantages of equipment leasing for their business.


Receivable Financing:
If your business is in need of cash FAST in order to facilitate the purchase of supplies for other orders, to make payroll demands, or any other reason, commercial lenders can arrange the purchase of your account(s) receivables and front you the cash for contracts that have not yet been delivered. The amount of money that you may receive in the initial installment and the final payout, upon payment by your client, ultimately depends upon the financial ability and credit worthiness of your client and not you!

Purchase Order Financing:
Commercial lenders can also facilitate the purchase of your purchase orders. Do you have a major client that orders an amount of product that you just don’t have the materials or cash flow to cover the labor to produce? In some cases, lenders can arrange the purchase of your purchase order so that you have the necessary cash to purchase materials and cover labor costs so that you can maintain your integrity with your client.

Apply Online via c-loans.com

RESIDENTIAL MORTGAGES

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SPECIALITY MORTGAGES

Bad Credit Home Loans

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Investment Property Financing

Double Wide Mobile Home Loans


COMMERCIAL LOANS

Commercial Loan Information


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