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Commercial Loans and Mortgages

Posted in: Commercial Loans
By Taylor mortgage Group

Commercial loan:

Commercial loans can be uses to purchase equipment and other assets, or to cover operational expenses. The loan can be secured by the goods that are purchased, or by other assets within the company. The amount of the loan depends on the size of the purchase, and the percentage of the assets that the lender will finance as determined by their credit policy.

A commercial loan financing is usually for a short period of time, based on the creditworthiness of the business and the purpose of the loan.

Commercial mortgages are typically taken on by businesses instead of individual borrowers.  A commercial mortgage uses a commercial building or other business real estate as collateral.  The borrower may be a partnership, incorporated business, or limited company, so assessment of the creditworthiness of the business can be more complicated than is the case with residential mortgages.


For more information about creative solutions for commercial loans and mortgages, home loans, reverse mortgages and other mortgage products used to develop housing, businesses, industries, and cooperatives, call Taylor Mortgage Group LLC at 303-339-5950 or Janie Taylor direct at 303-884-9393!

   

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Taylor Mortgage Group, LLC

Phone
303-884-9393
Fax
 
720-306-3813

Click Here to Email Us


CO  License:  100013875
NMLS: 385946
Regulated by the Colorado Dept. of Regulatory Agency



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