Commercial Building Loans 1st Loans
Commercial Building Loans from 1st National Bank
As your business grows you may need to purchase commercial real estate or refinance an existing commercial real estate loan. Owning your premises provides your business with flexibility and can help you create opportunities to maximize your business’s potential.
Benefits
Increase revenue
No rental payments
Predictable monthly repayments
Tax benefits
Features
25-40% down payment
Maximum 15 year repayment program
Requirements
One (1) Piece of Identification e.g. valid Passport, National ID Card or valid Driver’s License
Proof of Address i.e. a Utility Bill, a Credit Card Statement, an existing Bank Account Statement from another financial institution, or an additional piece of Identification bearing the residential address. (These must not be in excess of 3 months old)
Job Letter or Reference Letter (not in excess of 3 months old)
Sale Agreement
Property Evaluation
Audited Financial State
Down payment