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  Finance Factory Real Estate Funding

Finance Factory Real Estate Funding

in Commercial Mortgage from Finance Factory

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Finance Factory Real Estate Funding

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in Commercial Mortgage from Finance Factory

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Highlights
Minimum Months in Business 24
Loan Amount $50,000 - $5,000,000
Loan Term (Years) Up to 25 years
Minimum Revenue $20,000

Finance Factory Real Estate Funding Review

Finance Factory Real Estate Funding is offered by Finance Factory, a marketplace lending platform founded in 2006 and based in Towson, MD. Finance Factory Real Estate Funding is available in 50 states (and Washington, DC).

Finance Factory Real Estate Funding FAQ

How much can you borrow via Finance Factory?

Finance Factory allows borrowers to apply for commercial mortgages with loan amounts of up to $5,000,000.

What is the maximum loan term you can get with Finance Factory?

Finance Factory offers commercial mortgages with a maximum term of 25 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What range of rates does Finance Factory offer?

Finance Factory offers commercial mortgages with APRs starting at 7% and up to 13%.

What type of guarantors does Finance Factory require?

  • Business

What is the estimated funding time for a commercial mortgage via Finance Factory?

Finance Factory will typically approve (or deny) a mortgage application within 48 hours and fund mortgages within 1 and 3 days of approval.

Does Finance Factory charge a mortgage origination fee?

Yes, Finance Factory may charge a loan origination fee of 1% to 10% of the loan amount.

What limitations does Finance Factory set on the purpose of the loan?

Finance Factory considers loan applications for business purposes, such as:

  • Business Debt Refinance
  • Equipment Purchase
  • Hiring
  • Inventory
  • Lease Improvement
  • New Location
  • Payroll
  • Product or Service Expansion
  • Technology Investment
  • Working capital

What are the business financing requirements for Finance Factory?

To apply for Finance Factory Real Estate Funding, the applicant needs to provide the following business document:

  • Business License
  • Business Bank Account
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Contact

Other Services by Finance Factory

Message From Finance Factory

Finance Factory is a leader in the startup and alternative business funding spaces. Founded in 2006, Finance Factory has helped solve the challenge of early-stage business owners obtaining capital to acquire, launch or grow their small business. Over the past 12+ years, Finance Factory has successfully established over $1 billion in funding for entrepreneurs nationwide. Finance Factory has an A+ Accredited rating with the Better Business Bureau.

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Origination Fee (%) 1% - 10%
Business Financing Requirements
  • Business License
  • Business Bank Account
Credit Score Range 600 - 750
Guarantor(s) Business
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
  • Non-Resident
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Minimum Months in Business 24
Minimum Revenue $20,000
Verification Documents Required
  • Recent Pay Stubs
  • Proof of Income
  • Proof of Identity
  • Business Formation Documents
  • Government Issued Photo ID
  • U.S. Tax Identification Number
  • Recent Bank Statements
  • Driver License (or other photo ID)
Collateral Requirement Unsecured
Intended Use of Funds
  • Equipment Purchase
  • Lease Improvements
  • New Location
  • Product or Service Expansion
  • Working Capital
  • Business Debt Refinance
  • Inventory
  • Payroll
  • Hiring
  • Technology Investment
Approval Speed 48 hours
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Funding Time Range 1 - 3 days
Payment Frequency Monthly
Payment Options
  • Automatic Payments
  • Credit/Debit Card
  • Bank Transfer
APR (Fixed APR) 7% - 13%
Loan Amount $50,000 - $5,000,000
Loan Term Up to 25 years

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