Get Financing Based on Your Property’s Income

stated-incomeAs a traditional commercial loan alternative, borrowers seeking to purchase or refinance commercial real estate are turning towards stated income commercial real estate loans. For this financial option, we at Wellspring Commercial Capital look closely at the property’s ability to generate income as opposed to the borrowers financial history. If the real estate’s income can provide for the estate’s taxes, insurance and mortgage, there is a high chance of approval. As a result, many borrowers seeking quick financial support or options that overlook rocky credit histories frequently prefer this financial option.

Details About Our Loan Programs

At Wellspring Commercial Capital, we frequently finance the following properties:

  • Retail
  • Office space
  • Warehouses
  • Food and bar establishments
  • Apartment buildings

We offer our customers soft money commercial loans up to $500,000 and are happy to work with most commercial properties. Our closings take place in as little as 3 weeks and we can offer up to 25-year terms with fixed rates and full amortization.

Using Your Loan

You can use your loan in a number of ways depending on the individual needs of your enterprise. For example, you can put the financing towards:

  • Debt consolidation: Save up to thousands of dollars every month by consolidating all of your loans into one easy monthly payment.
  • Purchase real estate: Stop paying rent or move on that ideal investment property.
  • Improve or expand: Expansion and innovation are key to a healthy business with staying power.
  • Working capital: Cover your operating expenses as receivables mature or purchase some much needed inventory.
  • Refinance: Wellspring Commercial Capital offers you 25-year terms with fixed rates, so you can get ride or your high rate or balloon mortgage.

Call Us Today

If you want to learn more about our state income commercial real estate financial options, contact our team of financial professionals today. We’ll be happy to help you find the right financial program for your needs and we can even start your approval process today!