Commercial Loans in Kentucky: Improving Your Approval Chances

Applying for commercial loans in Kentucky is a major and important decision. It requires a lot of thinking and planning long before making actual application for the loan.


Deciding on the right loan depends on how much you know about the available options when it comes to commercial lending.


Taking the time to ask questions and researching lenders before committing is imperative.


Also having a good general idea of what you are looking for is will save you lots of time.


Construction Loans in Kentucky

A Kentucky construction loan is a short-term loan that is offered to finance a construction project; either for expansion of an existing business, or development of a new business.


The loan is granted with the understanding that it will be repaid after the project is finished.


These type of loans are generally given as an option by private lenders. Often, traditional lenders don't offer this type of loan, as it is a high risk option and quite often is not repaid.


A short-term loan is a loan that is paid back, usually within 1-3 years. This type of loan is generally funding to assist you with start-up, or development projects.


Construction loans are sometimes called story loans. 


Bridge Loans in Kentucky

Bridge loans are often provided to businesses to use for funding before a major investment payout is completed or more permanent funding is secured.


A bridge loan is generally for a portion of the payment that the business is to receive and is expected to be repaid after the payment is secured.


This type of loan can assist with things like inventory, payroll, expansion, or even working capital. It is a short-term loan and is funded for up to year.


The benefit of this type of loan is that it usually offers an open payoff date which allows the business owner some repayment flexibility. And allows them the time to not default on the loan as long as it is paid within the contracted time.


Kentucky Geographical & Regional information


Kentucky is known as “The Bluegrass State.” With more than 4.3 million residents, it is ranked 26th in the nation.


It's highest point is Black Mountain. Located in an area of the nation called “Tornado Alley,” it is known for the large number of tornadoes that occur each year.


It's economy is sustained by its farming community.  And 24% of it's annual gross income comes from the manufacturing of enriched uranium rods. 


Louisville

Elizabethtown

Shelbyville

Lexington

Frankfort

Winchester

Bowling Green

Erlanger

Somerset


Burlington

Georgetown

Shively

Covington

Hopkinsville

Shepherdsville

Danville

Radcliff

Richmond


Private Lenders in Kentucky

If you are looking for commercial loans in Kentucky, a private lender may be your better solution. Private lenders in Kentucky can provide you with options that traditional lenders can not.


Researching your loan type before approaching a lender will help you understand what type of loan you should ask for.


The consultants at Business-Funding-Advisors.com have many years of experience helping businesses just like yours get the commercial financing they need to grow their business.


Our network of private lenders can advise and help you understand what type of loan is best for your business needs.


For commercial loans in Kentucky, private lenders aren't subjected to strict FDIC guidelines and regulations. Loans are made according to their own stipulations.


This means many more commercial loans in Kentucky get approved. And in a shorter period of time, which means you get your funds much quicker than at traditional banks!


If you're looking for commercial loans in Kentucky, fill out the short form below. 


One of our consultants will contact you within 24 hours.



QUICK COMMERCIAL LOAN APPLICATION


We provide FREE, no obligation evaluations, with no upfront costs, or expensive fees for approval to our private lender programs.


- Minimum loan amounts (for commercial building projects): $100K with no maximum.


(Loans approved for commercial only, not single-family residential projects.)


- No pre-payment penalties on programs offered.


We will respond to your loan application within 24 hours!


Commercial Loan App

Please note that all fields
followed by an asterisk
must be filled in.

Please enter the word
shown below.

  

New! Comments

Have your say about what you just read! Leave us a comment in the box below.

Merchant Cash Advance and

Working Capital Loan Programs

are available in:


Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming


Commercial loans are available in:


Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware,

 Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming


COMMERCIAL LOAN PROGRAM HIGHLIGHTS


Commercial Real Estate Programs

· Lending Area: Nationwide & International


· Loan Size: $100,000-no maximum


· Rates as low as 3.74%

· up to 90% LTV


APPLY HERE

______________________


Commercial Development & Construction Loans

· National & International


· $2MM-$50MM


· Interest Rate: 5-9% Fixed (1% for churches)


· Amortization: up to 25 years


· Zero fees


· Points: Up to 3%, paid at closing


· Term: 5 yrs; also can structure a construction to permanent loan with interest only during draw down periods.


APPLY HERE

___________________


Hard Money Loans Rates and Criteria:

· Loan Size: $100K-$100MM


· Lending Area: National & International


· Collateral: We lend to mainly on commercial real estate, including raw land and development projects


· Interest Rates: 7-14% (rates depend on collateral)


· Amortization: Interest only


· LTV: Up to 80%

· Origination Fee: 1-4%

· Closing time: 1 week to 30 Days


APPLY HERE

___________________


Bridge Loans

· Loan Size: $1MM-$15MM


· LTV: Up to 75%


· Rate: 5-7%


· Term: 1-3 years, Interest Only


· Property Types: Office, Retail, Industrial, Multi-Family, Manufactured Housing, Condominiums, Self Storage, Special Use, Hospitality, Assisted Living/Congregate


APPLY HERE

___________________


Unsecured Business Lines of Credit

· $25,000-$100,000 (start up businesses with no established revenue and business owner with good credit)


· $100,000-$500,000 (established businesses w/ revenue of $1MM or more; no collateral if good credit and financials)


· 0% intro rates on business credit card solutions, to 1-5% over prime for large credit lines.


· No "subprime" unsecured lines


APPLY HERE

___________________


Click Here To Apply for A Business Cash Advance or Working Capital Loan


Bank ACH or Credit Cards


90% Approval Rates (for most industries)


- Minimum 4 months in business and $8,000 avg. monthly revenue


- No Collateral Requirements; Bad credit is OK


- One Week Funding


- Borrow $5K-$500K in as little as 24 hrs


- Short, simple loan process


- Streamlined underwriting

___________________


Restaurant-Retail, 
Small Business Loan Program


  • · Unsecured Loans up to $1,000,000 per location

  • · No Collateral Required

  • · Minimum Annual Sales: $150,000

  • · Minimum: 550 FICO

  • · Must be in business at least 1 month to document sales

  • · Loan amounts below $150,000 require NO tax returns or financial statements


APPLY HERE

_________________


Customer Finance Programs for Businesses

· Can finance your customers down to a 500 FICO;

can finance your turndowns from your current credit provider


· Instant online credit processing and approval


· E-signature capabilities


· Can purchase or collect bad debt portfolios


· Industries include: Medical, Dental, Jewelry Retail, Furniture, Memberships, Private school tuition, Security/Alarms, Vocational Schools, Travel, etc.


APPLY HERE

________________


Click Here to Apply for

A Private Lender Commercial Loan


- Zero upfront costs, zero fees for approval to our programs.


- Minimum loan amounts: $100K for commercial building projects, with no maximums.


- No pre-payment penalties on programs offered.

_________________


Click Here To Apply for A Merchant Cash Advance or Working Capital Loan


- Bank ACH or Credit Cards


- 90% Approval Rates (for most industries)


- Minimum 4 months in business and $8,000 avg. monthly revenue


- No Collateral Requirements; Bad credit is OK


- One Week Funding


- Borrow $5K-$500K in as little as 24 hrs


- Short, simple loan process


- Streamlined underwriting

_________________________


Contact Us


If you have a question or comment, fill out the form below. If a response is needed we will contact you within 24 - 48 business hours. Thank you.

Don't worry -- your e-mail address is totally secure.

Please note that all fields
followed by an asterisk
must be filled in.

Please enter the word
shown below.