Best Commercial Real Estate Loans in Lake Worth, FL
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Are you looking to start up a commercial real estate business or investment here in the city of Lake Worth in Palm Beach County? If you are, then you need to work with us here at Florida Commercial Real Estate Loan Group.
We’re Lake Worth’s number one option for commercial real estate funding and we’re always ready and prepared to provide the funding and the financing you need for your commercial establishment.
The Different Loans We Offer
Most of the loans that we offer revolve around “real estate financing.” It is a method of financing in which we, the company, secure the funds for a deal or for an activity that a business or an individual needs.
Here are some of the top and the most sought-after loans that our clients take out from us.
Private Money Loans
Private money loan – a loan that can be granted to a company or business by a private organization or a wealthy individual; and deemed as “private” because the particular program is not marketed or advertised.
This type of loan is legal but it is NOT supervised by the bank, so the lender would have control over the terms.
Commercial Real Estate Loans
These are the loans that can be given to an individual or a business if they need help and assistance in the construction, building, or renovation of commercial real estate property. Usually, there are a lot of other different loan types under commercial real estate loans.
Commercial and Industrial Loans
A commercial and industrial loan is usually a short-term loan that always requires collateral. This loan can only be granted to a company or business, rather than an individual entity. An individual is allowed to apply for a commercial and industrial loan if and only if the loan is used for commercial, industrial, and professional purposes entirely.
Multi-Family Loans
Multi-family loan – Can be granted to investors or developers for getting a property or building that has multiple units. Purchasing a tenement or an apartment complex is qualified for a multi-family loan.
Mixed-Use Loans
Mixed-use loan – Can be granted to investors or developers for getting a property or building with 2 or more units that have their own purpose. Including industrial, retail, commercial, and residential are examples of purposes.
Purchasing an apartment that has a commercial establishment of any kind, mixed with a residential building or an apartment is automatically a mixed-use property.
Construction Loans
Construction loan – This can be granted to people that wish to finance the construction of a real estate project. The construction of a home you want or an office is qualified.
Hard Money Loans
Hard money loan – This can be granted to people that wish to use the real estate property you want to get as collateral and is secured by it. A hard money loan is considered to be the last resort in regards to loans.
You can check our website out to browse and look at all the loan options we can offer!
Contact us here at Florida Commercial Real Estate Loan Group, the best financing company in the entire city of Lake Worth in Palm Beach County by dialing our hotline or by sending us an email.
Work with us and never regret your decision in doing so!
There are so many areas or regions where we offer these services with most of them being cities.
However, if you need any of these services, you need to contact us. The list below comprises the areas where we offer these services.
We service all counties and cities throughout South Florida. However, if you need any of these services in other cities throughout the state of Florida, please contact us. See what services we offer below: