Stated Income Commercial Real Estate
Build a Better Business With Flexible Financing
Launching a successful company in the competitive business industry is no easy feat. Having the right avenue of financing in place is a crucial component for creating a stable foundation to facilitate growth. Traditional loans are not the right financial solution for every business, but those that need alternative types of financing may qualify for stated income commercial real estate loans. Gulfside Lending Group provides this financial solution with competitive terms for qualified borrowers.
Qualification for a Stated Income Loan
Traditional loans often have strict eligibility requirements. If your business has a poor or limited credit history, it may not be eligible for a traditional bank loan, and you need to seek an alternative form of financing. Stated income loans are approved based on property value. If your company owns any type of property, it may qualify for a stated income loan if the value of the real estate is greater than the cost of its mortgage, taxes and insurance. Because eligibility is determined by property value rather than credit history, they require less paperwork and are usually approved more quickly than traditional financing.
Obtaining a Stated Income Loan
One of the biggest advantages of securing a stated income loan is that you are free to use the money you receive in any way you deem fit. From consolidating debt to buying inventory, this type of financing allows you to enrich your business in many ways. Qualified borrowers with credit scores of at least 600 also stand to earn the following benefits:
- Loan to value rates of up to 75% depending upon the type of property
- Fixed interest rates with loan periods of up to 25 years
- Loan amounts up to $500,000
- W-2 and self-employment documentation
Contact Us Today To Apply
Securing the right type of financial solution for your business is crucial for sustainable growth. Gulfside Lending Group provides commercial businesses in all industries with stated income commercial real estate loans. If you think this financial solution can benefit your business, contact us today to see if your company qualifies.
Get The Funding You Need Now
Gulfside Lending Group
4090 Shoal Line Blvd
Hernando Beach, FL 34607
Call Us
Gulfside Lending Group: +1-800-649-9604
Monday – Friday: 9AM – 5PM