Commercial Loans in Massachusetts

Obtaining commercial loans in Massachusetts can be difficult. Finding the kind of loan you need and getting it in a quick and efficient manner can be just as frustrating.


However, the right lender, whether it is a traditional bank or private lender can make all the difference. Private lenders in Massachusetts do tend to offer more available options though.


Traditional lenders lean towards more conservative loans, because some commercial loans are seen as high risk. This makes it hard for banks and other traditional financial institutions to approve certain kinds of loans.


Private lenders are sometimes more willing to accept some riskier borrowers. And they know that business credit isn't always optimum.


This opens up more options for your commercial loan choices. Also private lenders have less stringent lending criteria, which allows them to offer reduced evaluation times.


This means you can get your loan in a matter of days, or weeks vs. traditional banks and financial institutions that can have you waiting several months to know if you've been approved or not.


Construction Loans In Massachusetts

If your company is seeking funding for your upcoming construction project, you might consider a Massachusetts construction loan.


Construction loans are generally not offered by traditional lenders like banks, and other financial institutions, so locating a private lender in Massachusetts should be at the top of your list in this situation. 


Construction loans are usually short-term loans that only extend for the length of the construction project.


You must be able to prove to the private lender that you can repay the loan once the project is finished.


Also, the lender bases the approval mainly on whether or not they believe in the viability of the project.


Bridge Loans in Massachusetts

Bridge loans are loans designed to help while you are waiting on major funding to come through and/or you need operating capital to keep the business running. These are funds to assist until you get your primary source of funding. 


These are also short-term loans and require you to pay them back, usually within a year or so.


In some cases, you can get a bridge loan that can be extended to 72 months, but that is up to the lender.


The interest rates can vary dramatically and since it is a high risk loan, it often carries a somewhat higher interest rate, than other types of commercial loans.


Massachusetts Geographical & Regional Information


Massachusetts is known as “The Bay State”. It has over 6.6 million residents and is ranked 14th for population in the nation.


Massachusetts is over 183 miles in width and 113 miles long, making it rank 44th in size.


The average household income is over $60,000 annually. In 2012, Massachusetts grossed over $400 billion in annual income, which made it the 3rd highest in the nation.


It is known for its financial commerce services, top-ranked colleges and universities, and Fortune 500 companies. 


Boston

Quincy

Somerville

Cambridge

Springfield

Salem

Fall River

Worchester

Plymouth


Lawrence

Westfield

Pittsfield

Lowell

Walham

Peabody

New Bradford

Taunton

Newton


Private Lenders in Massachusetts and Massachusetts Hard Money Loans

Finding funding is a difficult task and understanding what each type of lender can provide for your business is important.


If you're looking for commercial loans in Massachusetts, hard money loans or bridge loans, Business-Funding-Advisors.com can help you.


Our network of private lenders in Maryland can avail you of the many different types of commercial loans available, and help you in deciding the best funding solutions for your business.


Since private lender-based funding isn't governed by the FDIC, commercial loans in Massachusetts have their own funding guidelines and stipulations.


The advantage to you, the borrower, is that loans can be approved and funded within days or few weeks, compared to the several months it takes with traditional banks!


If you need commercial loans in Massachusetts, 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

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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

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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

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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

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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

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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

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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

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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

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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

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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

_________________________


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