Commercial Mortgage Services Surrey, BC
Looking for Commercial Financing Services? Lakhvinder Gill – Mortgage Consultant offers commercial mortgage solutions for all your commercial properties.
Are you looking for Alternative Commercial Financing that conventional lenders can’t provide?
- Need to fund multiple projects?
- Looking for up to 100% loan to cost ratios?
- Looking for convenient financing solutions?
- Need immediate funds to finance a current project?
- Facing declined applications or insufficient approvals for your commercial mortgage?
- Experiencing a tedious application process and delayed approvals from traditional lenders?
- Looking to invest in a rental building, warehouse or commercial unit?
Meet Your Commercial Financial Specialist
If you are about to enter into a commercial financing obligation, you need to make sure that you know the ins and outs of what you are signing up for. And what better way to do so than to seek the help of a financing specialist who would know all about the market? This is why our very own commercial mortgage maestro – Lakhvinder Gill is here for. His guidance and insights into commercial financing will definitely help you out to make the choices that suit you best.
Commercial mortgages are quite similar to residential mortgages, but the kind of collateral offered is not the same. For a residential mortgage you end up using a residential property as a guarantee, but for commercial mortgages, you offer commercial assets as the form of guarantee. However, the procedure to obtain these mortgages are significantly similar to each other, hence, you do not have much to worry about.
Commercial Mortgages VS Residential Mortgages
A reliable mortgage company will offer both commercial and residential financing. Let us take a look at how these types of financing may actually differ from one another.
- Commercial mortgages are for businesses while residential mortgages are for individuals
- The liability falls upon the business as a separate legal entity, not to an individual
- Mortgage companies will assess the financial stability of the business, not the individual
- Analyzing businesses take up quite a bit more time and resources, unlike for residential mortgages
Should You Apply For A Commercial Financing Loan?
If you are trying to acquire a property for commercial purposes, a commercial mortgage might be feasible for you. The following are a few occasions for which a mortgage company will approve your request for financing.
- To repair or renovate a commercial property
- To develop the new or existing property
- To acquire new workspaces for your business entity
- For business investments
How Does a Commercial Mortgage in Surrey Help?
Surrey is home to a variety of booming business industries, whether it be agriculture, education, health, or technology. With so many flourishing businesses, it is imperative for SMEs to have adequate finances and proper real estate. If you are looking to:
- Expand or refurbish your office
- Purchase a new warehouse or other commercial property
- Construct retail real estates such as malls and shopping centres
- Purchase an investment commercial property
- Or make other such expenses towards commercial real estate in Surrey
Getting commercial mortgages in Surrey can help. Businesses and firms do not always have the financing they need. This can be troublesome if you are looking to expand or create a new branch of your business. With a commercial mortgage brokerage in Surrey, you can make up for insufficient funds and freely finance your commercial real estate needs.
If you can relate to these scenarios, you’ve come to the right place! With Lakhvinder Gill – Mortgage Consultant, our borrowers receive custom-tailored commercial financing solutions and quick approvals.
