Real Estate Purchase, Construction, & Expansion Loans
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One of the biggest milestones a business can reach is owning its own building or expanding to a point where buying, constructing or renovating a new building is necessary. RREDC can help you find financing for the purchase, construction, renovation and expansion of commercial real estate.
The term for a commercial real estate loan is generally 20 years. However, terms of 5, 10 or 15 years are available if a shorter term is required.
Interest rates are fixed and depend entirely on current market factors and the overall risk of the business and/or project.
Equity injection (down payment) generally is between 10% and 25%, depending on a variety of factors.
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