Florida is an ideal state for businesses looking to expand or invest in commercial real estate. With its diverse economy, temperate climate, and rapidly growing population, Florida offers a variety of opportunities for businesses seeking Florida commercial real estate loans.
Finding the right financing to purchase commercial real estate in Florida can be a challenge, but Florida commercial real estate lenders are here to help. There are a variety of options when it comes to financing commercial real estate loans in Florida, including traditional banks, non-bank lenders, and online lenders.
Traditional banks are one option for financing commercial real estate in Florida. These institutions offer a variety of loan options, including fixed-rate and adjustable-rate mortgages as well as lines of credit and construction loans. Additionally, many banks offer loan programs tailored to commercial real estate in Florida, such as the Small Business Administration (SBA) loans and the U.S. Department of Agriculture (USDA) loans.
Non-bank lenders are another option for financing commercial real estate in Florida. These lenders usually offer more flexible loan terms than traditional banks, and they often specialize in specific types of real estate. For example, some non-bank lenders specialize in hospitality, healthcare, multifamily, and industrial properties. Additionally, some non-bank lenders offer financing options for borrowers with less-than-stellar credit scores.
Finally, online lenders are a great option for financing commercial real estate in Florida. These lenders are often more flexible than traditional banks and offer a range of loan products, including short-term and bridge loans. Additionally, many online lenders can approve loans quickly and have automated processes for loan applications and closings.
No matter which option you choose, it’s important to compare different lenders and loan products to find the best financing for your commercial real estate in Florida. With the right financing, you can make your Florida commercial real estate dreams a reality.
Monroe Funding Corp has been trusted by nearly 35,000 customers, making us #1 in Florida. Want to learn more about Florida commercial real estate loans? Get in touch with us by calling 954.419.3539 or visiting us online.