Commercial Refinancing
Signs It May Be Time for Commercial Refinancing
There are numerous reasons why commercial refinancing occurs. If you have a commercial loan out, you may be wondering when it is time for commercial refinancing. One of the reasons why commercial refinancing may be done is because commercial loan interest rates have dropped. Just like you can refinance your home when interest rates drop, you can refinance your commercial purchasing loans as well. Another common reason why commercial refinancing may be done is because the loan you are in no longer meets your needs. You may have a loan that has a huge balloon payment due in a few years because that is all the financing you could get at the time. Your situation may have improved now, or the property may have equity, which can help you to acquire a better loan type for your property. Here at Realty Capital Group, we can help you refinance your commercial properties. Give us a call to get started.