The Construction Loan Company (CLC) offers small commercial loans to small business and commercial property owners. Small business and commercial property owners can receive cash out to purchase a new property, remodel, refinance, expand, consolidate debt, buy inventory or increase staff for a growing business.
The Small Commercial Loan Program allows you to borrow up to $1 million and the cash out is unrestricted. There are several affordable payment options available and payments can be automatically deducted from a checking/savings account.
Programs:
15, 20, 25 and 30 year fixed rate mortgages
1 year and 5 year adjustable rate mortgages
5/7/10 One Rate option
Reduced Documentation Feature:
Stated income and stated asset feature (no tax returns or income verification is required)
Eligible Properties:
Mixed Use and Apartment Buildings
Self-Storage Facilities and Warehouses
Retail/Office Buildings
Automotive Services (shops, car wash)
Light Industrial Properties
Bed and Breakfasts
Funeral Homes
Hotels/Motels
Restaurants
Health Care Facilities
Please contact The Construction Loan Company at 877-562-6862 toll free or info@loantobuild.com for more information.
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