The Accessibility of a Stated Income Commercial Real Estate Loan
In the modern world of business, financing is an incredibly common and beneficial tool that small business owners have access to. However, traditional loans can still be seen as difficult to qualify for and pay back. Maybe you have even applied for a loan and been denied. No matter your situation, stated income commercial real estate loans are a completely different kind of financing. They are designed to be more accessible and easy to apply for, even if you have been denied in the past. The biggest difference is the way qualification is determined. Instead of your credit history and credit score, like more loans, the amount of profits of your business is the primary aspect that determines whether you qualify or not. This means that anyone can qualify, regardless of their past, as long as the business they own is succeeding.
How You Can Use Your Stated Income Loan
Because stated income loans are great for owners of businesses which are doing well, this kind of financing specifically is most often used for expansion or growth. Other ways you can leverage your new working capital include:
- Acquire or repair equipment
- Consolidate your existing debt
- Hire more staff or provide training
- Invest in your marketing plan
- Purchase new real estate
No matter what you plan to use your stated income commercial real estate loan on, Corporate Funding will be here to help you thrive. We always make a point of working with our clients to ensure a customized and person financial plan is developed which meets your unique needs specifically. Our financial team are all experts when it comes to financing, so you can count on getting a professional and knowledgeable opinion on your situation. To learn more about the potential for financing you have, give Corporate Funding a call and set up an appointment.
Corporate Funding headquarters are in Atlanta, Georgia. Atlanta was founded in 1837 as the end of the Western & Atlantic railroad line. It remains a large transportation hub for the entire world today as Hartsfield-Jackson Atlanta International Airport is one of the nation’s busiest in daily passenger flights. Atlanta is also known as the capital city of the Southwest and in the past two decades the metro population has grown by 40%. This has helped the economy thrive as 26 companies headquartered in the metro Atlanta area are among the 2017 FORTUNE 1000, and 15 of those companies are also ranked in the 2017 FORTUNE 500. Corporate Funding offers our variety of business financing options to help businesses in Atlanta, Georgia, and the outside U.S., grow and expand. Contact us today at 404-890-8500 to let us help your business find the right partner it needs.