SmartBiz commercial real estate loans allow small business owners to build net worth by owning the commercial property they operate in. Long terms, minimal down payments, and low rates allow for manageable monthly payments. The 25-year, fully amortizing term, eliminates the stress and risk of loan maturities and balloon payments.
Great rates and terms. Removes the business risk associated with loans that carry maturities or balloon payments.
Must be used for commercial real estate. Requires a 10% down payment.
At least 2 years
Minimum 660 FICO
Must be profitable
51% owner-occupied property
2 years of business tax returns
No bankruptcy in the last 3 years.
Can only be used when purchasing or refinancing owner-occupied commercial real estate.
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