Truist offers small business real estate loans for buying or refinancing. Competitive rates and flexible terms for commercial property financing.
Apply for a specific loan amount up to $50,000. 1 ; Choose the term of your loan (up to 60 months). 3 ; Get no origination fee. 4
Key takeaways ; Business loans can be secured or unsecured, but all have set repayment periods, terms and interest rates ; Approval for a small business loan typically requires a good credit score, solid business revenue and a personal guarantee or collateral ; There are many potential lenders for a small business loan, including online lenders, banks, credit unions and peer-to-peer lending sites
LENDER, BEST FOR, LOAN AMOUNT, AVAILABILITY ; Bank of America, Credit building, from $25,000, All states and Washington, D.C. ; Wells Fargo, Lines of credit, $10,000 to $150,000, All states and Washington, D.C. ; PNC Bank, Fast approvals, $10,000 to $3 million, 28 states and Washington, D.C. ; Huntington National Bank, Midwest bank, Up to $5 million, 11 states ; TD Bank, East Coast bank, $10,000 to $5 million, 15 states and Washington, D.C. ; Live Oak Bank, SBA loans, $115,000 to $15 million, All states ; U.S. Bank, Easy application, Up to $12.375 million, 26 states ; Chase Bank, Small loans, $5,000 to $5 million, 48 states and Washington, D.C.
If you’re a business owner who needs access to cash, a small business loan can help you out. But it’s crucial to pick the right type of loan. Choose the wrong loan, and you may get stuck waiting months to receive funds when you need them fast or wind up with the wrong type of financing offer. Small business loans can be geared toward specific needs, like helping you expand your warehouse or start a franchise. There are also loans that can give you access to cash when you have a pile of unpaid invoices. ...
Business Line of Credit ; Small Business Loans ; Commercial Real Estate Financing
Loan Amount · Up to $500,000 ; Loan Term Length · Up to 25 years; Up to 10 years for revolving lines of credit ; Minimum Credit Score · Not disclosed
Top Products ; Build equity with real estate term loans ; Improve cash flow for your daily operations ; More options than your traditional loans
#1 · largest commercial real estate and multifamily portfolios in the nation1 ; $22B · committed to finance affordable housing2 ; #1 · in ease of doing business 3
commercial real estate loans: mortgages secured by liens on the... Small Business Administration’s 504 Loan program, provide capital for commercial real estate.1 Here, we take a look at...