Commercial Real Estate Financing
Commercial Real Estate Financing From GSAGE Capital
As a business owner, we realize your top priority is to focus on growing your business. One way to do this is by purchasing real estate, renovating a property you currently own, or refinancing real estate debt. If you’ve been considering a commercial real estate loan, GSAGE Capital offers a diverse set of financing solutions. Our products encompass a variety of properties and provide a wide range of funding.
How do commercial real estate loans work?
The purpose of these types of loans is to finance the purchase or even to develop a commercial property. Some examples of this could be a new office building or even a single unit within a larger building. Also, retail spaces that sell goods to consumers that may need enhancements to build out the space, or a warehouse to manufacture or store items. These are just a few examples of reasons a business may want to apply for a commercial real estate loan.
Commercial real estate loans are often made to business entities and not to individuals. The time frame for a commercial real estate loan is typically 5 to 20 years, but the amortization period extends past the term of the loan. Utilizing a personal credit score to obtain a standard commercial loan the score would need to be at least 600, but SBA loans have a limit of 680 to qualify. GASGE Capital is here to work with you in securing your loan and getting the proper financing to get your business to the next level.
Commercial Real Estate Loan Programs
We pride ourselves in offering financing options for any property type. GSAGE Capital works with customers interested in loans for hotel, office, multifamily, self-storage, and retail properties. Serving clients nationwide, we expertly assist in the acquisition and refinancing of various commercial properties. GSAGE Capital offers the following benefits:
Loans from $200,000 up to $100 million
Rates based on Prime or LIBOR
Loan-to-value rate as high as 75%
30-year amortizations
10-year terms
Commercial Real Estate Loan Solutions
SBA 7(a) Loan Program:
More general in nature, the SBA 7(a) loan program offers business owners increased flexibility in how they utilize funds. The SBA 504 loan dictates that recipients must use funds to purchase machinery, equipment, additional commercial real estate, renovate existing property, or refinance an eligible loan.
CMBS Loans (Conduit Loans)
CMBS loans, otherwise known as conduit loans, are utilized to provide funding for commercial real estate buildings, such as multi-family living communities, office buildings, or warehouses. CMBS funding typically offers flexible underwriting standards, using the property as collateral. In partnership with multiple investment firms, GSAGE Capital can provide loans from $1 to $50 million, with low interest rates and non-recourse debt. Additionally, we provide cash out options and fixed terms up to 10 years, with 30-year amortizations.