Understanding Commercial Loans:
The two main types of Commercial Loans: Business Term Loans and Lines of Credit
1. Lump sum capital provided by the lender
2. Repayment over a specific period of time
3. Inclusion of interest.
1. Access to a predetermined amount of funds
2. Ability to draw and use funds as needed
3. Interest payment only on the amount utilized
4. Resetting of credit line after repayment
1. Factors influencing loan amounts
2. Range of loan amounts offered by lenders
1. Different timeframes for repayment
2. Considerations for choosing the right repayment term
1. Factors affecting interest rates
2. Understanding fixed and variable interest rates
1. Overview of common eligibility criteria
2. Tips for improving qualification chances
Speak to a Commercial Real Estate Loans specialist at Direct Private Capital Group, Inc today to learn more about the different solutions available to you.
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