Owner Occupied Properties
This loan helps business owners acquire a piece of real estate in which they will be operating their own business. This way, not only rent is not being paid to someone else but at the same time they will be able to build a real estate portfolio.
A mortgage, which covers two or more pieces of real estate. The real estate is held as collateral on the mortgage, but the individual pieces of the real estate may be sold without refinancing the entire mortgage.
A construction loan is a more specific type of loan, designed for construction and containing features such as interest reserves, where repayment ability may be based on something that can only occur when the project is built. Thus, the defining features of these loans are special monitoring and guidelines above normal loan guidelines to ensure that the project is completed so that repayment can begin to take place. Our loans cover everything from single investment property to multi-family dwelling with hundreds of units.
SBA is a great product for someone that is looking to purchase a business, start up a business or acquire capital for an existing business. The SBA products are very competitive when is comes to the financing because they close or help the Gap when traditional banks don’t feel comfortable to lend.
SBA was created in 1953, the U.S. Small Business Administration (SBA) continues to help small business owners and entrepreneurs pursue the American dream. SBA is the only cabinet-level federal agency fully dedicated to small business and provides counseling, capital, and contracting expertise as the nation’s only go-to resource and voice for small businesses.
The benefit of dealing with BHS Mortgages Residential & Commercial is that we work with multiple Lenders at all times and we have the flexibility to negotiate to get you the best rates and fees on the transaction.
A mortgage that covers the costs of rehabilitating a property. This loan is available for either sale or to hold after the rehab is completed.
Unsecured Business Line of Credit
A loan is given for a fixed amount to be repaid within a specified amount of time using a specific repayment terms. A line of credit provides access to funds as needed. You only pay finance charges on funds used. Requires minimum 660 credit score & 2 years in business.
A Secured Loan
A business loan secured by collateral (assets). The loan, or line of credit, is secured by inventory, accounts receivable and/or other balance-sheet assets.
Getting equipment financing can be a short, streamlined way to finance up to 100% of the value of computers, machinery, vehicles or other equipment your business might need.
Secured Business Loans
BHS Mortgages Residential & Commercial offers short-term business loans. These loans are ideal for all types of small to mid-sized businesses including medical, dental and veterinarian practices. Rates are based on credit, business condition, business type, geography and other risk factors. Payments are fixed and have a specific term. Business loans are ideal for the most credit worthy businesses with stronger financials and balance sheets. Loans are offered in the millions.
The benefit of dealing with BHS Mortgages Residential & Commercial is that we work with multiple lenders at all times and we have the flexibility to negotiate to get you the best rates and fees on the transaction.