Understandably, one of the first questions we’re asked from potential commercial borrowers is “What will my interest rate be?” But the final interest rate on your new loan will be based on your past credit history, the loan-to-value (LTV) of the property, and other risk components associated with the deal.

We can't discuss options until we have a clear understanding of a deal, which means that at a minimum, we review a 1003 or PFS, a most recent credit report, at least the last year's tax return, and a digital picture of the property. An executive summary and/or a rent roll is also helpful, depending on the loan request.

Trying to quote rates and terms too early in a commercial deal would be akin to a surgeon cutting you open without having seen an x-ray. You can rest assured that we will get you the very best rates and terms available for your deal. Unlike residential or traditional commercial lender's, we have no grid's or boxes as we have so many different products to offer!
And, basically, if we can't get your deal done - it can't be done...

In addition to interest rates there are other factors you should consider if your goal is to obtain the best overall financial package and return on your property as an investment. For example, it's important to consider the cost of leverage - if by working with Commercial Funding Now you are able to leverage your acquisition using only 10% of your own funds, instead of 20-30% - how much is that worth to you?

One important factor that also determines your eventual terms are when we consider our time-factor. And, this is where you do have some control. When we express interest in a deal, we must also consider - how much time will this request take? What is the degree of dificulty in working with this broker/borrower? How many emails/phone calls did it take to get to this point - i.e. how much time has been spent "already"? For us, time is money - we hope you understand...

Now that you understand how commercial rates differ depending on your own unique scenario, this is the perfect time to contact us to get started on putting together your deal.