Commercial
Business Line of Credit
Unlock the potential of your business with CMRE's Business Line of Credit. Gain access to flexible capital for managing expenses, seizing opportunities, and fueling growth, all starting with competitive rates, such as our rate starting at 8.5%. This commercial lending solution is designed to empower your business ventures.
Program Benefits
Flexible access to capital for managing day-to-day expenses and unexpected opportunities.
Competitive interest rates, with rates starting at 8.5%, to optimize your borrowing costs.
Streamlined application and approval process for quick access to funds.
Ideal for businesses seeking to manage cash flow, expand operations, or invest in new equipment.
Use the line of credit for various business purposes, providing financial flexibility.
Benefit from a revolving credit line, allowing you to borrow, repay, and re-borrow as needed.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
N/A
Loan Amount Range
$50,000 - $5,000,000
Amortization Options
Eligible Properties
- Office Buildings
- Retail Spaces
- Industrial Properties
- Mixed-Use Properties
Program Requirements
Income Documentation
- •Demonstrate consistent revenue generation through business tax returns.
- •Provide financial statements showcasing profitability and cash flow.
- •Offer a business plan outlining income projections and intended use of funds.
- •Personal and business tax returns are used to verify income.
Asset Verification
- •Provide documentation of business assets, such as equipment, inventory, and real estate.
- •Submit bank statements demonstrating sufficient liquidity and account balances.
- •Personal assets may be considered as additional security or collateral.
- •A list of business assets helps to determine eligibility.
Insurance & Title
- •Maintain adequate business insurance coverage to protect against potential losses.
- •Provide proof of property insurance if real estate is used as collateral.
- •Ensure liability insurance is in place to cover potential legal claims.
- •Insurance protects the business from unexpected liabilities.
Property Requirements
- •Minimum FICO score of 640 required for approval.
- •Demonstrate a strong history of responsible credit management.
- •Provide documentation of any outstanding debts or obligations.
- •A favorable credit report will help get approved for a business line of credit.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
A Business Line of Credit can be used for a wide range of purposes, including managing cash flow, purchasing inventory, covering operating expenses, funding marketing campaigns, and investing in new equipment or technology. It provides financial flexibility to address various business needs and opportunities.
A Business Line of Credit is a revolving credit facility, allowing you to borrow, repay, and re-borrow funds as needed, while a term loan provides a fixed amount of funds that are repaid over a set period with regular installments. A line of credit offers more flexibility, while a term loan provides predictable repayment terms.
Interest rates on Business Lines of Credit can be either fixed or variable and are typically based on factors such as your creditworthiness, the amount of credit requested, and prevailing market conditions. Fees may include origination fees, annual fees, and draw fees. It's essential to carefully review the terms and conditions of the line of credit to understand all associated costs.
Sam K.
Senior Loan Strategist
With over 15 years in the mortgage industry, Sam specializes in complex jumbo and non-qm financing solutions, helping clients navigate unique financial landscapes.
NMLS #12345 | Certified Mortgage Advisor (CMA)
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
