If you intend to renovate or expand your business or commercial property, or otherwise take advantage of the equity in your property, refinancing is a viable option. Refinancing a commercial mortgage involves different requirements and guidelines – some lenders may require that you provide company balance sheets, profit and loss statements, the projected cash flow for the property, and even a viable business plan. Other lenders that we work with have less stringent requirements, and mainly focus on the equity in the property and the property’s profit potential.
At Legacy Park Mortgage, we will assist you to simplify the process by getting to know you and your business goals, and present you with the commercial refinance loan programs that are the best fit for your specific goals. To learn more, email us at email@example.com or call us at (305) 901-1791.