Most businesses require office buildings in order to facilitate company administration, customer support and other business services. Cornerstone Lending is able to offer a range of financing options for your business whatever your requirements. With a variety of loan choices on offer there is bound to be one that suits your needs.
From fixed rates over a number of years to low interest rates and a choice of repayment periods available you can be sure of successfully securing office building finance for your company. With loans available for smaller, single tenant office buildings right through to multi-tenant buildings your requirements are never too big for Cornerstone Lending.
However, many of the loan providers will stipulate a minimum loan value. Our expert advisers will be able to talk you through your options during a no obligation inquiry where you will experience any pressure selling or uncomfortable questions.
Small Office Building Requirements
Cornerstone Lending is able to offer loans starting at $500,000 with up to 55% loan to value available in certain circumstances. Don’t be discouraged if you have modest office building requirements as there are almost always options available to you whether they are bank loans, conventional loans or even specialized SBA loans.
Small office loans are available in larger business sectors throughout the United States. A variety of building types are considered including single tenant offices and condo style office properties. Whether you are looking to finance existing premises or purchase new small office real estate there are options available to you.
Large Office Building Finance
From multi-tenant building finance to credit tenant arrangements in high-rise, low-rise or virtually any other type of building with loans of up to 75% LTV available. Flexible finance options can often be negotiate for you by Cornerstone Lending including a number of fixed rate period loans to help you control your business outgoings.
Repayment periods can be arranged to suit your requirements often available over up to 30 years. A credit score of at least 660 is required for office building finance as well as 3 years of historical income proof. However, a low minimum debt service coverage ratio (DSCR) is required on most loans and this means we are more likely to be able to secure you the loan you require.
Whatever your office building loan or refinance requirements Cornerstone Lending will be able to help you explore the available options and negotiate the finance that best suits your business and investment needs.
Learn more about our commercial financing process.