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  The Business Backer Commercial Real Estate Loans

The Business Backer Commercial Real Estate Loans

in Commercial Mortgage from The Business Backer

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The Business Backer Commercial Real Estate Loans

Unaffiliated

in Commercial Mortgage from The Business Backer

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Highlights
Minimum Months in Business 12
Loan Amount Up to $75,000,000
Loan Term (Years) Up to 25 years
Minimum Revenue $180,000

The Business Backer Commercial Real Estate Loans Review

The Business Backer Commercial Real Estate Loans is offered by The Business Backer, a financial services company founded in 2007 and based in Cincinnati, OH. The Business Backer Commercial Real Estate Loans is available in 33 states (and Washington, DC).

The Business Backer Commercial Real Estate Loans FAQ

How much can you borrow via The Business Backer?

The Business Backer allows borrowers to apply for commercial mortgages with loan amounts of up to $75,000,000.

What is the maximum loan term you can get with The Business Backer?

The Business Backer 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 type of guarantors does The Business Backer require?

  • Business

Does The Business Backer charge a mortgage origination fee?

No, The Business Backer does not charge a mortgage origination fee.

Some lenders charge an origination fee for processing, underwriting, and funding a commercial mortgage. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.

What limitations does The Business Backer set on the purpose of the loan?

The Business Backer considers loan applications for business purposes, such as:

  • Lease Improvement
  • New Location
  • Working capital

What are the business financing requirements for The Business Backer?

To apply for The Business Backer Commercial Real Estate Loans, the applicant needs to provide the following business document:

  • Business License
  • Business Bank Account
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Availability

  Available in 33 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • North Carolina
  • North Dakota
  • Ohio

Feature Breakdown

No Origination Fee
Origination Fee (%) 0% - 3%
Business Financing Requirements
  • Business License
  • Business Bank Account
Credit Score Range 550 - 850
Guarantor(s) Business
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Non-Military
  • Veterans
Minimum Age 18
Minimum Months in Business 12
Minimum Revenue $180,000
Verification Documents Required
  • Proof of Income
  • Proof of Identity
  • Business Formation Documents
  • Recent Bank Statements
  • Social Security Number
  • Business Tax Return
  • Employer Identification Number
Approval Speed 48 hours
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Payment Frequency Monthly
Payment Options
  • Automatic Payments
  • Credit/Debit Card
  • Bank Transfer
Loan Amount Up to $75,000,000
Loan Term Up to 25 years

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