Significant growth in your business is always a milestone to celebrate! However, it can often leave you with questions of what to do, where to go, and how to expand without causing significant strain on your existing team or business finances. A commercial real estate loan is a flexible option that can be customized to your specific needs. Whatever the next step is in the growth of your business, there is likely a solution to be found through a commercial real estate loan.
How can you use a commercial real estate loan to grow your business?
- New Construction: Breaking ground on a new facility is the perfect way to make sure the space where your business operates truly reflects the character and feel of your company. You have the opportunity to work from a clean slate to create a space that fits every need of your business.
- Renovation: Upgrade your existing business space through renovations. These can include repairing outdated machinery, updating appliances and facilities, giving your workspace a facelift through new fixtures, paint colors and flooring, and more.
- Acquisition: Are you in the process of acquiring another business under the ownership of your existing business? Using a commercial real estate loan may be the perfect solution to transfer all assets and property from the acquisition under your existing business.
- Refinance: If you are looking to get a better rate on your already existing mortgage for your facility, you may be able to refinance your existing loan to help your business save money in the long term.
- Expansion: Whether you already own a facility that you’re looking to build on to, or you are looking to add another location for your business around town, expansion is within your reach when you grow with a commercial real estate loan.
If you have additional questions about commercial real estate loans and how they may be beneficial to your business, one of our expert lenders would love to discuss your options with you! Call us at 406-587-5626 or fill out our online inquiry form.