NOTICE: We closed down Spin Distribute on December 31st, 2022. ❗
Spin Distribute has been a wonderful SEO service since early 2009. Unfortunately, after almost 14 years, it no longer meets the very strict quality criteria of our company.
We pride ourselves on only providing SEO services that are best-in-class. Unfortunately Spin Distribute no longer qualifies.
For this reason we closed down new sign-ups and new orders on Spin Distribute on December 31st, 2022.
Of course all your existing orders will be delivered in full. Thank you!

- Aaron Sustar, CEO, INFINET LLC
SmileyTech Solutions - Smile about your Online Business!

Take your IM business and SEO efforts to the next level!

Log In

Once you are logged in, you are able
to use all of our services.
Your Email Address:
Your Password:
 
What can I do when logged in?
Once you are logged in, you are able to use all of our services. This includes:

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

« Back to articles from category "Finances"

The following article was published in our article directory on September 23, 2015.
Learn more about SpinDistribute Article Distribution System.

Four Things to Prepare for Commercial Property Loans

Article Category: Finances

Author Name: Michael McGovern

It is a usual misconception among people that obtaining a commercial loan or a commercial property mortgage in New York is easy since they believe that lenders exist to lend money. The truth is that getting commercial property loans can be a difficult and time-consuming process. However, there are steps that you need to need to follow in order to make the entire process easier while getting you the best deal available in the market. Here are the top tips on how to get a commercial property loan:
Get the requirements in order first

Before for commercial property loans, it is important that you have the things that the lender requires on-hand and updated. A lender will likely require you to submit copies of your recent financials, rental schedule, tax returns, copies of leases, rental schedules, sales contracts, and asset and liability statements. A lender will need to all of these and should be in good quality. Having everything ready can provide the lender the impression that you are a professional which is a crucial factor considered by most lenders when approving a commercial loan.

Understand the value of your property

Most lenders consider people who overly exaggerate the price of their property compared to its true market value as unprofessional. There are two ways in order to evaluate the value of a commercial property.

The first way is through Comparison Basis wherein the rate per square foot of your property is compared to rate of the similar property in the current market. The second way is through Capitalization Basis wherein the true rental income of the property is multiplied by the Cap Rate. The Cap Rate refers to the assessed value of the property based on the recent sales of similar property in the market. The value will then be divided by the property�s net income. For instance, if a commercial property sells for $700,000 and it generates $60,000 net income per annum, the cap rate is calculated by dividing the net income with the property value. So, that would be 60,000/700,000 = 8.57%.

Establish a property strategy

Lenders will need to know the borrower�s business plan. The lender will need to know why the borrower needs financing and specifically how it can positively impact the value of the property or help the borrower generate more income. The borrower needs to clearly present the strategy and keep this strategy in mind especially when discussing your commercial property loan with a loan officer. To keep things simple, you need to be on-point and straightforward about your business strategy.

Prepare a detailed and updated tenancy schedule

Most commercial property borrowers tend to neglect this aspect for their property. After all, it is one of the factors that help the business produce significant income. Surely, a commercial property owner needs to have a detailed schedule of the tenants� payments. Surprisingly, there are those who do not keep track of it. The following needs to be detailed in a rental schedule: tenant�s name, section of the property rented, rental amount, nature of business, rate per square foot, lease commencement and expiry date, as well as other crucial information.
These are just four of the things that you need to prepare when applying for commercial property loans. Ensure that you have these things ready to increase your chances of getting approved immediately.

About the Author: Like| Just like} our name {suggests| indicates| implies}, we connect our {clients| customers} to commercial mortgage {lenders| loan providers| lending institutions} that are willing to listen to our client's {unique| special| one-of-a-kind| extraordinary} stories and make exceptions when {traditional| conventional| typical} Banks or a direct commercial mortgage lenders will not. Even though most banks, credit unions and commercial mortgage lenders claim to have lending programs for all shapes and size scenarios. The {truth| reality| fact| honest truth} is, most have very {strict| stringent| rigorous} guidelines and are {particular| specific} with what loans they will fund. Working with these commercial mortgage providers can lead to high fees upfront, higher interest rates and {unnecessary| unneeded| needless| excessive} delays. Worst yet, you can be tied up in a {lengthy| prolonged| long} underwriting process where the end {result| outcome} is either a loan you're not happy with or a loan that never closes. To find out more about Commercial Mortgage Connection, Inc., visit commercialmortgageconnection.com.

Keywords: commercial property mortgage, commercial property loans

Learn more about SpinDistribute Article Distribution System. We also offer Professional Article Writing to everyone who's looking for high quality web content.

SpinDistribute.com Network

Each article you submit at SpinDistribute.com is sent through our innovative Article Distribution System to our network of more than 1840 publishers - about 55% of them are high-quality article directories, 30% of them are niche blogs and 15% of them are other content-rich websites.

To achieve the best possible success we only publish your article to most related websites. This means your article will show up on approximately 640 - 880 most related websites which will give you great SEO results.

We also offer a separate Professional Article Writing Service to everyone who's looking for high quality web content and well researched unique articles.

1 article = 800+ backlinks

ARTICLE DISTRIBUTION

Publish 800+ unique versions of
your article on 800+ websites!
Let us do all the

ARTICLE WRITING

Need lots of keyword optimized
quality articles? Search no more.
We recommend our

COMPLETE SERVICE

We write articles. We distribute
them. You get all the gains!
Have any questions?
Feel free to check out the "Frequently Asked Questions" section, or use the email address below to contact our team. You can also register for free and contact our Support Department. Read more
Why choose
Spin Distribute?
boost your traffic and online income and crush your competitors with our great article distribution system
get more than 800 highly relevant backlinks with each article distribution (from $1.60 per distribution)
try out our "Complete Service" that puts everything on auto-pilot (we write & distribute articles for you)
have us write all the articles for you, so you can focus on your business
get detailed HTML and PDF reports for every article distribution
contact our Support Department and Live Support to get answers
get FREE access to our SEO Tips & Tricks Guide (worth $27 alone!)
join our Affiliate Program and make money with our services
 
E-mail: info
   
spindistribute.com
Smile about your Online Business!

> Frequently Asked Questions
> Terms of Use & Privacy Policy
> Affiliate Program
 
I've been pleasantly surprised with your service because I got burned a few times in the past.. but your service is as good as you guys promised! I went from nowhere-on-Google to the first page in less than 2 months!"
Danny Reiland