Commercial property.A clear financing plan.
Financing should reflect the property and the plans behind it.
Discuss commercial financing
Begin with the objective.
Jenny reviews your objectives, the proposed transaction and the information lenders need, then explains the available options and next steps.
How lenders are consideredFrom the first review to the application.
The starting point is a clear account of the property, the financing requirement and your timing.
Define the requirement
Review the property, intended use, ownership plans, financing objective and timing.
Prepare the information
Establish which property and financial information is needed for a lender to assess the transaction.
Review the options
Compare available terms, costs, conditions and repayment requirements in the context of your plans.
Coordinate the application
Work through lender questions and required information as the application progresses.
A few details to begin.
- Property location and intended use
- Your financing objective
- The proposed timing
- An approximate amount, if known
Lender and product availability depends on the property, transaction and province. Financing is subject to lender approval.
Bring the property and the plan.
Start with a brief outline. Detailed documents can follow through an appropriate secure process.