Small Balance Plus™ Commercial Loans

Maximize and manage your monthly cash flow with loan terms up to 30 years.

Small Balance Plus offers borrowers that aren't able to obtain traditional bank financing an alternative to the high rates charged by traditional hard and soft equity lenders. Rates start as low as 4.75%.

Unlike most banks, there are no restrictions on cash out - subject to minimum DSCR and LTV requirements.

Up to 70% leverage on the senior mortgage and 10% on a subordinate second. Small Balance Plus provides higher combined leverage than most banks and other alternative lenders.

Most commercial lenders include balloon payment features in their loans which require borrowers to pay off their commercial mortgage early, generally in 3 to 10 years. A balloon loan will force you to spend thousands of dollars in closing costs and go through the entire loan process again. It could also mean risking a higher cost loan if interest rates have risen. Even worse, if you are in the midst of difficult times in your business or have vacancies in your property, you run the risk of not qualifying for a loan renewal with your lender.

With a simplified, residential style approach to underwriting, many of the documents traditional commercial lenders and banks require are eliminated saving you time and aggravation. No most cases, tax returns aren't required.

Once your loan is closed and all payments are made on time, that's it, no more financial information needs to be supplied. Imagine the time you will save, as well as avoiding the typical financial covenants associated with most commercial mortgages. Covenants are legal obligations concerning the future financial strength of your business. This means that losing a tenant or experiencing a tough business period could put you in default on your commercial real estate loan, even if you are current with your monthly payments. The commercial mortgage may become due and payable as a result.

No loan committees requiring document after document and weeks to review and decide on your loan request. Simply provide Crefcoa with the basic commercial loan document requirements, and we'll notify you within 48*72 hours if you are approved.

With a streamlined loan process, Crefcoa strives to close your loan in 30-45 days.

CREFCOA can save you thousands of dollars in closing fees and costs by charging low point options, low processing fees and no lender legal costs. In addition, we accept existing surveys, use a bid management process to order the appraisal and generally don't requiring a full environmental assessment.

If you're thinking of selling your property in the future, enhance the marketability of your property to potential buyers, accelerate your closing time frame, and even save your buyer money by allowing the buyer to assume your loan.

Complete the quick quote loan request summary to determine if your property is eligible for financing under the Small Balance Plus program.