Miami CRE Loans: When Traditional Financing Doesn’t Fit Your Projects

The commercial real estate market in Miami, FL is fast-paced and lucrative. However, most commercial transactions in Miami, FL are time sensitive, and cannot wait on the red tape of traditional lending channels. Fortunately, there are Miami CRE loans designed specifically to keep projects moving forward, and local investors taking advantage of these programs instead of going to banks.

Why Miami CRE Loans Are More Efficient

One of the major advantages of using Miami Commercial Real Estate loans over local and even national banks is the lack of red tape. Internal mandates deem that traditional lending channels have prohibitive loan requirements. While initially put in place to protect both lenders and borrowers, these requirements have pushed eager and capable commercial real estate investors to the sidelines, and have slowed economic development and progress in the Miami area. Add to this that traditional loans are arranged, processed, and disbursed according to a chain of command. Loan requests can pass between departments and even entire branches before a decision is made. This can cause big delays for commercial real estate investors, often causing lucrative opportunities to slide by while funding is still in the pipeline. CRE loans, by contrast, are handled in-house from start to finish, which eliminates any bureaucracy. Additionally, commercial real estate financing can be customized to fit the needs of the transaction at hand, instead of trying to pigeon hole borrowers into a “one size fits all” loan program.

Miami CRE Loans Offer Variety

Commercial real estate loans come in all shapes and sizes, each with their own function. For owner-occupied properties and select revenue-generating structures, a simple SBA loan fits the bill. House flippers in the Miami area lean towards bridge and hard money loans to cover immediate expenses while larger loans are being processed. HUD and FHA loans are perfect for special federally designated properties. Mezzanine financing is a great combination of both debt and equity for larger transactions. Construction loans are ideal for large projects where cash flow is essential to keep things moving forward. There are many other types of CRE loans available specifically for Miami property markets, which can be tailored to suit your needs and bring you to your goals faster than traditional financing methods.

Get The Best CRE Loans In Miami

Wellspring Commercial Capital offers a wide range of commercial real estate loans in Miami, FL. Contact our team today to get started.


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