We Help Atlanta Companies and Investors Obtain Commercial Real Estate Financing
It can be an important step for companies to purchase commercial property. Whether you are expanding to a new location, purchasing a warehouse for inventory overflow, or expanding your existing storefront, a commercial real estate purchase is a major commitment with a lot at stake. It is critical that your business obtains the right commercial real estate financing to ensure the transaction goes smoothly.
If you would like to purchase property for your company, you should speak with a commercial real estate loans lawyer in Atlanta. Contact Battleson Law for assistance with the financing process.
Obtaining a Commercial Real Estate Loan
Whether you need a commercial real estate loan for purchasing a new property for your company or if you need to make major renovations to your existing location. Lenders have different requirements that companies must meet, as well as different terms they offer for the loan repayment. Often, the commercial property must be at least 51 percent occupied by the owner. Other factors that lenders will consider include:
- The finances of the business
- The finances of small business owners
- The characteristics of the property in question
- Representations, warranties, and other covenants
- Debt coverage ratios (liquidity)
- Loan to value ratios (leverage)
- Recourse provisions & personal guarantees (ies)
Speak with a Commercial Real Estate Loans Lawyer in Atlanta
There is significant documentation needed to apply for a commercial real estate loan, such as years of business tax returns, credit reports, accounting records, appraisals, and more. To ensure you have the best chance of obtaining financing, seek help from an Atlanta commercial real estate loan attorney at Battleson Law. Call 404.382.8149 or contact us online to discuss your commercial financing options.