Commercial Financing
Purchase of Commercial Real Estate
If you are considering the purchase of Commercial Real Estate, New Direction Capital can offer you some of the most cost-conscious commercial real estate programs in the industry.
There are many options to choose from, with real estate loan terms up to 30 years, including both Conventional and Small Business Administration guaranteed loans (SBA).
Our commercial real estate financing solutions are tailored to the following kind of properties: office, stand-alone, mixed-use, retail, light industrial, warehouse, multifamily, self-storage, automotive, franchising and more.
Let us show you how easy owning Commercial Real Estate can be.
Refinance
At New Direction Capital, we have found that a review of your commercial loans may present an opportunity to refinance and realize a financial gain.
Once closed, commercial loans are often never reexamined to insure the best financing terms and value to the borrower. The finance world is dynamic and economic conditions are always evolving. There are several important reasons to consider refinancing your commercial loan:
- Taking advantage of equity gains realized can enable the borrower to free up capital for continued growth in their business or expansion into other commercial properties.
- Interest rates may have declined or a change in the length of the period of the loan may be prudent to your business to have reduced payments, resulting in a positive impact to your cash flow and also tax advantages.
- Another purchase of commercial property may provide an opportunity to blanket loans and realize an increased cash flow. Blanket loans can allow you to use the equity built up in one property to obtain more favorable financing in a different property.
As with any financing decision, it is a good use of time and effort to carefully evaluate the advantages and disadvantages. We will work with you to produce a comprehensive analysis and provide recommendations tailored to your specific refinance purposes.
Development
If you are considering the purchase of land for development or you already own land for development. The New Direction Capital Team can help you in the planning of the project. We help our clients with decisions early on in the process so surprises and expensive changes are not occurring while the project is underway.
We develop the package with our clients for a successful project including developing the loan package, structuring project documents, developing a business plan and securing financing in the best terms for our clients.
We assist our clients in determining their true breakeven point, sales prices, and projections. And help them determine the decisions that need to be made and how those decisions will impact other areas of the project. We advise our clients on ways to reduce carrying costs and increase profitability.
We also offer assistance with the setup of effective project accounting and make sure financial artifacts, structuring, and development documents are compatible for long-term financing, if required.