Commercial Building Loans 1st Loans

Commercial Building Loans from 1^st 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