- Joint Ventures
- Equity Financing
- Creative Financing
- Challenging Situations
Your Trusted Source for Business Funding, Investment Property Mortgage Financing & Refinancing
REICO Capital
We take pride in being your trusted source for comprehensive business funding solutions, including investment property mortgage loans and refinancing. We understand the importance of financial support for businesses to thrive and grow, and we are here to assist you every step of the way.
Investment Property Financing
Our focus is on providing reliable and flexible investment property financing options. Whether you are looking to purchase a new property, refinance an existing mortgage, or fund a construction or investment project, we have tailored solutions to meet your specific needs.
As a leading provider of investment mortgage loans, we offer competitive rates and terms that suit your financial goals. Our team of experts works closely with you to understand your objectives and devise a financing plan that aligns with your business requirements.
Business Funding and Refinancing
In addition to commercial real estate financing, we also offer a wide range of business funding and refinancing options. If you need capital to expand your operations, purchase equipment, or invest in new opportunities, our comprehensive funding programs can provide the financial support you need.
Our commercial mortgage loans and refinancing options are designed to help you access capital at competitive rates. We understand that every business is unique, so we work closely with you to customize the financing solution that best suits your needs.
Creative Financing for Your Business
We specialize in offering creative financing solutions that go beyond traditional lending options. Our experienced team works closely with you to understand your business objectives and develop innovative strategies to meet your funding requirements.
Institutional and Private Mortgage Term Loans
Whether you are looking for institutional or private mortgage term loans, we have the expertise and network to connect you with the right lenders. Our extensive relationships with financial institutions and private lenders enable us to secure favorable loan terms and competitive rates for your commercial mortgage needs.
Bridge and Mezzanine Financing
If you require short-term financing or bridge loans to bridge the gap between transactions or projects, our bridge financing options can provide the necessary capital. Additionally, our mezzanine financing solutions offer flexible funding for your business expansion plans.
Joint Venture Partnerships and Equity Financing
At REICO Capital, we understand the power of collaboration. We facilitate joint venture partnerships and equity financing arrangements that allow you to leverage the expertise and resources of other investors to fuel your business growth. Our team works diligently to identify suitable partners and secure equity financing options that align with your goals.
As your trusted financing partner, we are committed to providing you with personalized service, competitive rates, and efficient loan processing. Our goal is to help you achieve your business objectives by providing the funding solutions you need.
Contact us today to explore the business funding, commercial mortgage loans, and refinancing options available to you. Trust REICO Capital to be your dedicated partner in realizing your financial goals.
Experience and Expertise
With years of experience in the industry, we have built a reputation for excellence and reliability. Our team of financial experts is well-versed in commercial lending and has the expertise to guide you through the financing process smoothly.
As your trusted source for business funding and commercial mortgage loans, we are committed to providing transparent and efficient services. We understand the importance of timely access to capital, and we strive to ensure a streamlined and hassle-free experience for our clients.
Whether you are a small business owner or a seasoned investor, we are here to support your financial needs. Contact us today to discuss your requirements and explore the financing options available to you.
Popular Financing Programs
At REICO Capital, we offer a range of popular financing programs designed to meet the diverse needs of our clients. Whether you are looking for multi-family financing, debt financing, or other funding options, we have you covered.
Multi-Family Financing
Our multi-family financing program is designed to provide funding for any multi-family property in Canada. Whether you are investing in a duplex, apartment complex, or other multi-unit residential property, we can help you secure the financing you need. With competitive terms and flexible options, our multi-family financing program is an excellent choice for real estate investors.
Key Features:
- 10% – 15% Down Payment
- 3% – 3.9% Interest Rate
- 40% – 50% Amortization Terms
- $1M – $50M+ Purchase Price
If you are interested in multi-family financing, contact us today to get pre-qualified. Our team of experts will guide you through the process and help you secure the financing that meets your specific requirements.
Commercial Property Financing
Our commercial financing program is designed to provide funding for any commercial property in Canada (subject to satisfactory financial statements).
Key Features:
- Up to 100% financing – Below $5M
- Up to 85% financing – Above $5M
- 5.5% – 6.5% Interest Rate
If you are interested in commercial financing, contact us today to get pre-qualified. Our team of experts will guide you through the process and help you secure the financing that meets your specific requirements. This program won’t be available for much longer
Equity Financing
REICO Capital offers flexible equity financing solutions to meet your specific funding needs. Whether you require a first mortgage or a second mortgage, our equity financing program provides competitive rates and favorable terms. We understand that every situation is unique, which is why we offer customized solutions to help you achieve your financial goals.
Key Features of our Equity Financing Program:
- First mortgages start at 6.99%
- Second mortgages start at 8.99%
- 70% LTV on residential properties. Up to 75% LTV considered on a case-by-case basis.
- 65% LTV on commercial properties. Up to 70% LTV considered on a case-by-case basis.
- No income or employment verification required
- No business financials needed
- No GDS/TDS calculations
- No appraisal required for low LTV loans
- No environmental assessment necessary for low LTV loans
- Cross-collateralization is acceptable
- Funding available for various property types, including residential, commercial, student housing, high/low-rise condominiums/apartments, places of worship, strip clubs, massage parlors, legal grow-ops, industrial properties, and mixed-use residential/commercial properties
- Fast approvals with same-day commitment
- No prepayment penalty options available
- Flexible loan terms ranging from 1 to 2 years with interest-only payment options
- Short-term options available: 3, 6, 12, and 24-month terms
- Quick funding process within 3-5 business days
- No minimum or maximum loan amount restrictions
When it comes to equity financing, REICO Capital provides efficient and hassle-free solutions. Contact us today to explore the possibilities and discuss your financing needs.
Fundable Projects
REICO Capital specializes in funding a wide range of projects to help bring your real estate visions to life. We offer financing options for the following types of fundable projects:
- Custom Homes: Whether you’re building your dream home or working on a custom project, our funding solutions can provide the necessary capital.
- Spec Homes: If you’re a builder or developer looking to construct speculative homes, we offer financing options tailored to your needs.
- Infill Housing: Funding is available for infill housing projects aimed at revitalizing existing neighborhoods and maximizing land use.
- Mixed-Use Buildings: We support the development of mixed-use buildings that combine residential, commercial, and retail spaces.
- Multifamily Developments: Financing options are available for the construction or renovation of multifamily properties such as apartment buildings, condominiums, and townhomes.
- Land Purchase: If you’re acquiring land for future development, we can provide funding to assist with the purchase.
- Renovations: If you’re planning to renovate or rehabilitate an existing property, our financing solutions can help you achieve your renovation goals.
At REICO Capital, we understand the unique requirements of each project and offer tailored funding solutions to meet your specific needs. Contact us today to discuss your project and explore the funding options available to you.
Secured Business Financing
REICO Capital offers secured business financing solutions to support your business growth and expansion. Our secured loans provide the necessary capital with flexible terms and competitive rates. Here are the details of our secured business financing:
- Loan-to-Value (LTV): Up to 85% of the appraised value of your collateral.
- Interest Rates: Rates range from 9.99% to 19.99%, ensuring competitive financing for your business.
- Loan Amount: We offer loans ranging from $25,000 to $250,000 to meet your specific funding needs.
- Loan Term: Choose a term that suits your business requirements, ranging from 6 months to 5 years.
- Blended Interest and Principal Payments: We offer flexible payment options, including daily, weekly, bi-weekly, or monthly payments, combining interest and principal.
- No Early Payout Penalties: Pay off your loan early without incurring any penalties.
Whether you need funds for working capital, equipment purchase, inventory, or other business needs, our secured business financing can provide the support you require. Contact us today to discuss your business goals and explore the financing options available to you.
Unsecured Business Financing
REICO Capital offers unsecured business financing solutions to provide quick and flexible funding for your business needs. Our unsecured loans offer the following features:
Quick Facts:
- Loan Amount: We can inject up to 100% – 125% of your monthly gross sales in a single injection, providing substantial funding for your business.
- Renewal Eligibility: After repaying 35% of the loan, you become eligible for renewal.
- Loan Terms: Choose a loan term ranging from 6 to 12 months, tailored to your business requirements.
- Capital Disbursement: You can receive the capital within 3-5 business days, ensuring prompt access to funds.
- Flexible Repayment: We offer flexible repayment schedules, and if you choose to pay off the loan early as a lump sum, you can enjoy a 10% discount on the outstanding balance.
- Preferred Industries: We specialize in serving industries such as restaurants, retail, spas, daycares, salons, manufacturing, logistics, and more. We favor businesses with high volume and low individual ticket items.
Qualifications:
- Business Experience: Your business must be operating for at least 3-6 months.
- Monthly Deposits: You should have a minimum of 4 deposits per month.
- Average Monthly Gross Revenue: Your business should have a minimum average monthly gross revenue of $10,000.
Requirements:
- Signed and Completed Application
- Bank Statements: Provide the most recent 6 months of bank statements.
- Amount Requested and Intended Use of Funds
By providing the necessary information, we can offer a conditional offer to the client. Within 48 hours of receiving the complete documents, we can provide you with quotes. The funding process typically takes between 5-7 days.
QUALIFICATIONS
- Must be at least 3 – 6 months in business
- Minimum of 4 deposits per month
- Minimum $10,000 avg. monthly gross revenue
REQUIREMENTS
- Signed and completed application
- Bank statements: most recent 6 months
- Amount requested and intended use of funds
- The information requested can enable us to provide a conditional offer to the client. We can get quotes within 48 hours upon receipt of the complete documents. The funding process takes anywhere between 5-7 days.
Equipment Financing
REICO Capital offers equipment financing solutions to help businesses acquire the equipment they need. Our equipment financing program includes the following features:
- Minimum Asset Price: We provide equipment financing for assets with a minimum price of $25,000.
- Competitive Rates: Our rates start at 5.99%, ensuring affordable financing options.
- Flexible Terms: Choose from a range of terms between 2 to 7 years, allowing you to customize the repayment period.
- Minimum Credit Scores: We accept applications from borrowers with a minimum credit score of 550.
- Down Payment Options: Enjoy flexible down payment options ranging from 0-20% of the equipment’s purchase price.
With our equipment financing program, you can acquire the necessary equipment for your business operations while managing your cash flow effectively. Whether you need to upgrade existing equipment or purchase new assets, we are here to assist you throughout the financing process.
100% Funding LTV Available for Commercial Property
REICO Capital provides financing solutions for commercial properties with up to 100% funding of the loan-to-value (LTV) ratio. Our program offers the following features:
- Loan Amount: We offer funding ranging from $50,000 to $30 million, ensuring flexibility to meet your financing needs.
- Competitive Rates: Benefit from competitive interest rates, making your financing solution cost-effective.
- High LTV: Access up to 85% of the loan-to-value ratio, allowing you to secure significant funding for your commercial property.
- 30-Year Amortizing Loans: Enjoy the convenience of a 30-year amortizing loan, providing manageable repayment terms.
- No Prepayment Penalty: We offer options without prepayment penalties, allowing you to pay off your loan early without incurring additional costs.
- Interest-Only Available: Choose interest-only payment options to optimize your cash flow during specific periods.
- Minimum Credit Score: A minimum FICO credit score of 650 is required to qualify for our commercial property financing.
- Unrestricted Cash-Out: Gain access to unrestricted cash-out options, giving you the freedom to utilize funds as needed.
- Expedited Closing Process: We prioritize efficiency and ensure a quick closing process for your convenience.
- Flexible Underwriting: Our underwriting process is flexible, accommodating various commercial property investment scenarios.
- Investor & Owner-Occupied Properties: We finance both investor-owned and owner-occupied commercial properties.
Construction, Development & Commercial Real Estate Financing Solutions
At REICO Capital, we specialize in providing comprehensive financing solutions for construction, development, and commercial real estate projects. Our expertise and extensive network of lenders allow us to offer tailored financing options to meet your specific needs. Whether you are planning to construct a new building, develop land, or finance a commercial property, we have the resources to support your project.
With our expertise and extensive network, we assist clients in obtaining financing for commercial real estate projects, refinancing existing loans, and supporting construction and development endeavors.
Our comprehensive services cover:
- Commercial real estate financing
- Refinancing
- Construction financing
- Development financing
At REICO Capital, we understand that every project has its unique requirements. We work closely with our clients to tailor financing solutions that align with their specific needs and goals.
When you choose REICO Capital, you can expect:
- A streamlined financing process
- Access to a diverse range of public and private lenders
- Rapid response and quick turnaround times
- Professional guidance and support throughout the financing journey
Our team of experts will review your project’s details, assess its feasibility, and provide you with a term sheet, letter of intent, or commitment within 48-72 hours after receiving and reviewing all the requested information.
Construction Financing
If you have a “shovel-ready” construction project, we can provide the necessary funds to get it off the ground. Our construction financing program offers competitive rates and flexible terms, ensuring that you have the capital needed to cover construction costs, materials, labor, and other project expenses. We work closely with you to understand your project’s requirements and tailor a financing solution that aligns with your timeline and budget.
Development Financing
For land developers and builders, our development financing options are designed to support your vision and bring it to reality. Whether you are planning a residential, commercial, or mixed-use development, we can assist you in securing the funding necessary for land acquisition, site servicing, infrastructure development, and other related costs. Our development financing solutions are flexible, providing the capital you need to move forward with your project and achieve your development goals.
Commercial Real Estate Financing
If you are looking to invest in or refinance a commercial property, we have a range of financing options available. Our commercial real estate financing solutions cover various property types, including office buildings, retail spaces, industrial properties, and more. Whether you are a real estate investor, developer, or commercial realtor, we can help you secure the funding required for property acquisition, refinancing existing loans, or capitalizing on investment opportunities. Our competitive rates and flexible terms make our financing solutions attractive for commercial real estate projects of all sizes.
With REICO Capital, you can expect a streamlined financing process, quick response times, and personalized service to guide you through every step. We understand the complexities of the construction, development, and commercial real estate industries, and we leverage our expertise to provide financing solutions that support your success.
Contact us today to discuss your construction, development, or commercial real estate financing needs and explore how we can assist you in achieving your goals. Don’t let financing challenges hinder your construction, development, or commercial real estate projects. Contact REICO Capital today and let us help you secure the funding you need to turn your vision into reality.
Lending Areas
At REICO Capital, we facilitate funding requests in every province in Canada and state in the US. We understand the importance of supporting projects across different regions, and we are committed to providing financing solutions nationwide.
Our lending areas cover:
- Provinces in Canada
- States in the US
We believe in equal opportunities and are open to considering funding requests from smaller centers and rural areas. We understand that each project is unique, and we evaluate such cases on a case-by-case basis to determine the feasibility and potential for financing.
Regardless of your location, whether it’s a major city or a more remote area, we encourage you to reach out to us. Our team will assess your project and financing needs and provide you with the best possible options.
Loan Amounts
The minimum commercial loan amounts we typically consider are between $800,000 and $2 million. These amounts are suitable for smaller-scale projects or businesses seeking moderate financing.
On the other hand, we also have the capability to provide significant funding for larger projects. The maximum funding available can reach as high as $5 billion. This allows us to support ambitious and high-value ventures in the commercial real estate sector.
Our flexible loan amounts ensure that we can cater to a diverse range of projects, from small to large-scale developments.
Interest Rates
At REICO Capital, we offer competitive interest rates tailored to the specific needs of each financing request. The final interest rate is determined based on various factors and specifics of the request, ensuring that our clients receive a fair and customized rate.
Here are some factors that can influence the interest rate:
- Type of rate: Whether it is a fixed rate or a floating rate can impact the interest rate calculation.
- Recourse or non-recourse loan: The type of loan, whether it is recourse (requiring personal liability) or non-recourse (secured only by the collateral), can affect the interest rate.
- Debt or equity funding: The source of funding, whether it is debt financing or equity financing, can have an impact on the interest rate.
- Market conditions: Current market conditions and interest rate trends can also play a role in determining the final interest rate.
By considering these factors and carefully evaluating the specifics of each financing request, we strive to provide competitive and favorable interest rates to our clients.
REICO Capital
At REICO Capital, we specialize in providing a wide range of financing solutions to meet your commercial real estate needs. Whether you are looking for private or institutional financing, we have the expertise and network to assist you. Our experienced team works closely with investors, developers, and real estate professionals to secure the right financing for their projects.
Development Funding Solutions
When it comes to raising real estate capital for your development projects, timing is crucial. At REICO Capital, we understand the challenges of securing funding from investors or exempt markets within a desired timeline. That's why we offer alternative solutions to help you access immediate financing and keep your development plans on track.
Our Development Funding Solutions include;
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- Alternative Funding Sources: If raising funds from retail investors or exempt markets is taking longer than expected, we can help you tap into additional sources of funding. Our extensive network of lenders and investors allows us to explore alternative funding options to bridge the gap and provide the capital you need.
- Immediate Financing: In situations where fund raising in exempt markets is delayed, we can provide you with immediate access to financing. Our team is well-versed in expediting the funding process and can work with you to secure the necessary funds promptly, ensuring that your development project moves forward without significant delays.
- Development Funding in Ontario: We specialize in sourcing development funding and take-out financing specifically in Central, Eastern, Northeastern, Northern, Southern, and Western Ontario. Our in-depth knowledge of the local market and strong relationships with lenders enable us to find suitable financing options tailored to the unique requirements of your development projects.
With REICO Capital, you can rely on our expertise and network to find flexible funding solutions that align with your development goals. Whether you need immediate financing or assistance in exploring alternative funding sources, we are here to support you throughout the process.
Contact us today to discuss your development funding needs and let us help you secure the capital required to bring your projects to fruition.
Construction Financing Solutions
When it comes to construction financing in Ontario, REICO is the trusted source that offers unique advantages not found elsewhere. We provide our clients with expert advice, access to our extensive financing network, and custom-tailored solutions to meet their specific needs.
Key Advantages of Choosing REICO for Construction Financing:
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- Expert Advice: Our team of professionals is well-versed in construction financing and can provide you with valuable guidance throughout the process. We understand the unique challenges and requirements of construction projects and will work closely with you to find the most suitable financing solutions.
- Access to a Vast Financing Network: With our extensive network of lenders and financial institutions, we can connect you with the right sources of capital for your construction project. We leverage our relationships and industry connections to provide you with a wide range of financing options.
- Custom-Tailored Solutions: At REICO, we recognize that each construction project is unique. That’s why we offer customized financing solutions that align with your specific needs and goals. We take into account factors such as project scope, timeline, and budget to structure financing options that work best for you.
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Choose REICO as your partner for commercial real estate financing in Ontario, and benefit from our expertise, extensive network, and tailored solutions. Our commitment is to support your construction project with comprehensive financing solutions that drive success.
Contact us today to discuss your construction financing needs and let us guide you towards the optimal financing options for your project.
Our lender’s highly evolved underwriting process means that you’ll receive sophisticated analytics pertaining to your file to help you manage the commercial real estate financing for your project. What’s more, our lenders offer their services at competitive price points.
Commercial Real Estate Deals Funded
At REICO, we have successfully provided funding solutions for a wide range of commercial real estate deals, providing both debt and equity financing solutions. Our extensive network of lenders and investors is willing to support your project as long as the loan-to-value (LTV) and/or loan-to-cost (LTC), market conditions, and specific deal parameters align with acceptable risk levels.
Here are some examples of the types of financing we can facilitate:
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- Acquisition Financing: We can secure funding for the purchase of commercial properties, whether it’s an office building, retail center, industrial facility, or multifamily complex. Our lenders and investors evaluate the project’s financial viability, market potential, and borrower’s qualifications to determine the appropriate financing structure.
- Refinancing: If you’re seeking to optimize your existing debt or take advantage of better interest rates, our team can help you navigate the refinancing process. We work with lenders and investors who offer competitive terms and favorable refinancing options to meet your specific objectives.
- Development Financing: For development projects, we can arrange financing to support land acquisition, construction costs, and other development expenses. Our lenders and investors assess the project’s feasibility, market demand, and the developer’s track record to determine the appropriate funding solution.
- Equity Financing: In addition to debt financing, we have access to investors who are interested in providing equity capital for commercial real estate projects. Whether you’re looking for joint venture partnerships, mezzanine financing, or other equity arrangements, we can connect you with the right investors.
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Each deal is evaluated on a case-by-case basis, considering various factors such as the property type, location, financial projections, and borrower’s qualifications. Our goal is to match your project with the most suitable financing options from our network of lenders and investors.
Trust REICO to fund your commercial real estate deals and navigate the complexities of securing the right financing for your project. Contact us today to discuss your funding needs or to learn more about our comprehensive financing solutions.
Townhomes
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- 30 Townhomes
- Omemee, Kawartha Lakes, ON
- $1 Million required
- Construction Financing
- First Mortgage
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Condo
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- 58 Townhome condo units
- Northwest Edmonton, AB
- $10 Million required
- Construction Financing
- Equity and Debt financing
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Golf Course
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- Golf Course
- Saskatchewan
- $2,748,543 required
- Completing the golf courses, minor construction
- & irrigation infrastructure
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Family Home
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- 158 homes (33 acres of prime residential development land)
- King City area, ON
- $189,600,000 required
- Debt Financing
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Semi Detached
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- 22 semi-detached town homes and 2 single detached town homes (residential)
- Thornbury (Blue Mountains), ON
- $3.5 Million required
- Development Loan
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Townhomes & Condos
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- 50 Residential condos and townhomes
- Douglas Heights, Weyburn, SK
- $3.5 Million
- Construction Financing & Working Real Estate Capital for Development
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Land Development
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- Land development
- West of Calgary, AB
- $7 Million requested
- Debt financing
- Interest only debt payments
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Commercial Mortgage
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- Commercial mortgage
- Suburb of Moncton NB
- $600,000
- Second mortgage
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Land Purchase
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- Land Purchase
- Calgary, AB
- $20 Million
- Development for Health Care & Senior’s Development
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Land Purchase
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- 350-acre parcel of land Purchase
- Eastern Ontario
- $80M USD
- Debt financing
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New Home
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- New Home Refi & Construction
- Markham, ON
- $1,350,000 required
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Redevelopment
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- Building Redevelopment
- Ottawa, ON
- $5,500,000
- Construction financing
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Typically Requested Information & Documents
Application
When applying for commercial real estate financing, lenders and investors often require specific information and documents to evaluate the viability of the project and assess the borrower’s qualifications. While the exact requirements may vary depending on the nature of the deal and the lender’s preferences, here is a list of commonly requested information and documents:
It’s important to note that this is a general list, and additional documents or information may be requested depending on the specific circumstances of the deal and the lender’s requirements.
Working closely with a financing professional or advisor can help ensure you have all the necessary documentation ready for the application process.
Remember to compile accurate and up-to-date information to present a comprehensive and compelling case to lenders and investors, increasing your chances of securing the commercial real estate financing you need.
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- Borrower
- Guarantor
- Sponsor
- Applicant
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Borrower Information
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- Principal’s full name, email address & telephone number
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Development Information
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- Address
- Description (civic address, location, type / size of building, number of suites or units, square footage, legal description, zoning, type of construction, etc.)
- Value (‘as is’, ‘as if complete’, letter or opinions, etc.)
- Requested amount
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Borrower Documents
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- Business license
- Incorporation Documents
- Net worth Statement
- Financial Statements
- Resumes
- Bank reference letters
- Etc.
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Property, Project or Development Documents:
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- Offer to Purchase
- Appraisals
- Survey
- Environmental Audit
- Structural Engineers Report
- Pictures
- Progress Reports
- Construction Schedule (& when construction will commence)
- Construction Cost Summary (hard & soft)
- Draw Schedule (Dates and amounts of advances required & Est completion date)
- Site, Floor & Building Plans
- Building Permits
- Revised grading plan markup
- Financials & Proformas (income and expenses)
- Projected Sale Prices or Rental Rates
- Copies of Offers for any Presales
- Quantity surveyor’s report
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Key Contacts’ Information:
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- Quantity Surveyor (report)
- General Contractor (construction budget) or Project Manager
- Architect
- Appraiser
- Urban Planning Consultants (status report & timelines for approvals)
- Interior Design Consultant
- Solicitor
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(will vary depending financing request)
For inquiries contact:
Chris Nelson
Mortgage Agent Level 2 (License# M08001656), Pro Funds Mortgages (License# 12051)
613.583.6742 I 416.918.3878 I 866.727.3426 I chris@reico.ca