Commercial Mortgages That Save You Money!
August 24th, 2007 Filed Under Commercial Mortgages
A commercial mortgage from Thomson Capital Group can save you time, money and hassles over the long run. We have no application or processing fees, offer fast pre-approvals and closings, but more importantly, because bank loans typically are amortized over 15 to 20 years and renewed every 3 to 5 years when a small business owner faces the renewal point of the conventional bank loan they are faced with several costly possibilities:
1. The bank deciding that its risk appetite no longer favors loans for those types of businesses and therefore demands full payment of the loan.
2. The bank may review and re-amortize the loan over another 15 to 20 year period which would mean more interest over the term of the loan.
3. If the small business is doing well, the bank may renew the loan as is, but often the borrower must still pay thousands of dollars in additional costs associated with the renewed loan application.
All of that uncertainty and additional expense for refinancing or restructuring of the loan is eliminated with our commercial mortgage financing which is fully amortized over the entire loan term with no annual reviews or balloon payments.
For small business owners, cash flow is a major concern. Our mortgage loans are the answer and possibly the best way to obtain long term commercial financing. We can offer terms up to 30 years, fully amortized, depending on the building type and with no restrictive loan covenants to worry about!
For more information about our small balance commercial mortgage programs go to http://thomsoncapitalgroup.com/
Applying is as easy as a phone call - Call us today to get started - 215.489.9232!
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