Conventional lending isn’t a viable alternative for investment in 2022 due to low credit ratings and the declining financial health of US corporations. What then do you do to increase the wealth of your business?
You can acquire top-notch commercial real estate using asset-based loans from private lenders. In contrast to conventional loans, asset-based financing secures the loan agreement using your company’s current commercial properties as collateral.
Discover different asset-based loans in this blog that will assist you in investing in commercial real estate.
1. Raw Land Loan
While buying a ready-made commercial property will save you time, you are limited in how you can design and build your workplace. Consider purchasing raw land if you want to create your workplace how you want it. However, with rising real estate costs, purchasing undeveloped land without sufficient cash can be challenging. To quickly complete your real estate transaction, we advise you to obtain asset-based raw land loans.
2. Construction Loan
You want to establish a business construction project but lack the necessary funds. Your business may benefit from asset-based development financing from a private lender. Gets top-notch asset construction financing deals to build a massive office or warehouse or other types of buildings to expand your business if you want it to grow.
3. Blanket Loan
Unquestionably, real estate is one of the hottest markets for investments in 2022. It’s time for you to invest in the rising US commercial real estate market if you want your company to gain an advantage over rivals.
But hardly every business has the resources to buy several homes at once. Commercial real estate investment might be a nightmare if your company is on a limited budget.
For this reason, we advise getting asset-based blanket loans to buy several commercial buildings.
If you wish to finance the acquisition of multiple properties with a single loan, a blanket loan is a great option. These are ideal for businesses looking to expand their services in several locations simultaneously.
A blanket loan is preferable to having a separate loan agreement for each commercial property because it can be less time-consuming.
4. Bridge Loans
Competition is good for the market, but if you want to establish a strong reputation in the field, you must constantly stay one step ahead of the competition. You don’t want to fall behind your rivals by being unable to acquire a suitable commercial property owing to a lack of resources.
A hard money bridge loan is ideal if you don’t have enough cash to purchase a trendy commercial property. A bridge loan can let you acquire a new one without selling your current property.
You can borrow money using your current property as security to buy a new one and then pay it back after the old one is sold.
Asset-Based Loans Available With Low Interest Rates in the US
Private lenders have become the go-to source for obtaining loans for many business owners. However, finding asset-based loans with excellent lending terms can be a challenge. Visit Commercial Private Equity today if you’re looking for a hassle-free way to receive hard money loans.
We can help you achieve your financial goals by offering specialized hard money loans. We have great rates on several loan categories, including construction, raw land, asset-based, bridge, and workout loans.
Get in touch with us today for more information.