EXPLORE LIBERTY CAPITAL’S COMMERCIAL LOANS FOR BUILDING BUSINESS WEALTH IN HAWAII
At Liberty Capital, we understand that owning commercial property in Hawaii, or nationwide, is a cornerstone of building wealth and assets for businesses. Whether you’re looking to expand your operations, purchase real estate, or invest in commercial properties, like warehouse, storage investment property, mix-use property, 4+ Unit investment property, our Commercial Loan programs will structure on a per transaction because we believe there’s no out of the box transaction for any commercial loans. Financing solutions tailored to your needs based on your situation is what is in the crux of any successful transaction. With our expertise and commitment to client satisfaction, we’ll guide you through the process of securing the funding you need to achieve your business goals.
Why Choose Liberty Capital for Commercial Loans
Tailored Financing Solutions
Our Commercial Loan programs are designed to meet the diverse needs of businesses across various industries. Whether you’re a startup or an established enterprise, we offer customized financing solutions to help you acquire, refinance, or develop commercial properties. Access to network of lendrs nationwide that gives us a headup making us have the highest approval rate.
Competitive Rates and Terms
We understand the importance of cost-effective financing. That’s why we offer competitive interest rates and flexible repayment terms to ensure that your commercial loan aligns with your financial goals and cash flow.
Pre-Application Process
Time is of the essence in the business world. We get your pre-approved so you know what application to process ensures quick approvals and efficient funding, so you can seize opportunities and move forward with your commercial property endeavors without delay.
Expert Guidance and Support
Navigating the complexities of commercial lending can be daunting. We will have a local team that can guide you in person. Our team of experienced professionals is here to provide expert guidance and support at every step of the process. From evaluating your financing options to closing the deal, we’ll be by your side to ensure a smooth and successful experience.
Get Started Today
Working with LIberty Capital, your one stop-shop for all your commercial business loan, commercial equipment leasing and commercial investment property loans, you will have nothing to worry about. Ready to take the next step towards building wealth and assets through commercial property ownership? Contact Liberty Capital today to learn more about our Commercial Loan programs and discover how we can help you achieve your business objectives. Let us be your trusted partner in financing success. Get Pre-Approved Today!
TYPES OF COMMERCIAL LOANS WE OFFER :
Types of Commercial Loans We Offerhere’s a Process on How to Qualify for a Commercial Loan and the Best Ways to Prepare Before Applying
Evaluate Your Business Needs
Determine why you need the loan and how it will benefit your business. Whether it’s for purchasing real estate, expanding operations, or financing equipment, having a clear understanding of your business needs will help you identify the right type of commercial loan.
Review Your Financials
Gather and review your business financial statements, including income statements, balance sheets, and cash flow statements. Lenders will assess your financial health to determine your ability to repay the loan. Make sure your financial records are accurate, up-to-date, and well-organized.
Check Your Credit Score
Review your personal and business credit scores. While some lenders may be willing to work with businesses with less-than-perfect credit, a higher credit score can improve your chances of qualifying for a commercial loan and securing favorable terms.
Prepare a Business Plan
Develop a comprehensive business plan that outlines your business goals, strategies, and financial projections. A well-crafted business plan demonstrates to lenders that you have a clear vision for your business and a solid strategy for achieving success.
Determine Collateral
Identify potential collateral that you can offer to secure the loan. Collateral can include real estate, equipment, inventory, or other valuable assets. Having collateral can increase your chances of qualifying for a commercial loan and may help you secure more favorable terms.
Research Lenders
Research different lenders and financing options to find the best fit for your business needs. Consider factors such as interest rates, loan terms, repayment schedules, and eligibility requirements. Look for lenders who specialize in commercial loans and have experience working with businesses in your industry.
Gather Documentation
Prepare all necessary documentation required for the loan application. This may include business financial statements, tax returns, legal documents, business licenses, and any other relevant paperwork. Having all your documentation ready will streamline the application process and improve your chances of approval.
Improve Financial Health (if needed)
Take steps to improve your business’s financial health before applying for a commercial loan. This may include reducing debt, increasing revenue, improving cash flow management, and addressing any past credit issues. A stronger financial position can increase your chances of qualifying for a loan and securing better terms.
Consult with Professionals
Consider seeking advice from financial advisors, accountants, or business consultants to help you navigate the commercial loan process. They can provide valuable insights and guidance tailored to your specific business needs and circumstances.
Submit Your Application
Once you’ve completed the preparation steps, submit your loan application to the lender of your choice. Be prepared to provide additional information or documentation as requested, and communicate openly and transparently with the lender throughout the process.
By following these steps and adequately preparing before applying for a commercial loan, you can increase your chances of qualifying for financing and securing the funds your business needs to grow and thrive.
As part of the commercial loan underwriting process, the ability to originate commercial loan mortgages for investment properties in 34 states. The states included in this list are provided below. Additionally, Liberty Capital can facilitate both owner-occupied and non-owner-occupied commercial loan mortgages for Hawaii properties.
When Applying for a Commercial Loan, You’ll Typically Need to Provide a Variety of Documents to Support Your Loan Application. While Specific Requirements May Vary Depending on the Lender and the Type of Loan You’re Seeking, Here Are Some Common Documents You May Need:
1. Business Financial Statements:
- Profit and loss statement (income statement)
- Balance sheet
- Cash flow statement
- Tax returns (typically for the past 2-3 years)
2. Personal Financial Statements:
- Personal tax returns (usually for the past 2-3 years)
- Personal financial statement (PFS) outlining assets, liabilities, and net worth
3. Business Plan:
- Detailed business plan outlining your business goals, strategies, and financial projections
- Description of the purpose of the loan and how it will be used to benefit the business
4. Collateral Documents:
- Documentation related to any collateral you’re offering to secure the loan (e.g., property deeds, vehicle titles, equipment appraisals)
5. Legal Documents:
- Business formation documents (e.g., articles of incorporation, partnership agreements)
- Business licenses and permits
- Any contracts or agreements relevant to the loan application (e.g., leases, purchase agreements)
6. Bank Statements:
- Business bank statements (usually for the past 6-12 months) to verify cash flow and financial stability
- Personal bank statements may also be required, especially for small businesses or sole proprietorships
7. Credit History:
- Authorization for the lender to access your personal and business credit reports
- Explanation of any derogatory credit events or discrepancies
8. Insurance Documents:
- Proof of business insurance coverage (e.g., property insurance, liability insurance)
- Insurance policies may be required to protect the lender’s interests in case of damage to collateral
9. Additional Documentation:
- Depending on the nature of your business and the loan request, the lender may require additional documentation, such as:
- Financial forecasts or projections
- Supplier/vendor contracts
- Customer contracts or purchase orders
- Environmental assessments (for certain types of properties)
10. Appraisal or Broker’s Opinion:
- Provide some idea of the value of the property during approval process to determine LTV. It also gives the propective lender the view of how the commercial asset is being perceived by an independent appraisor.
It’s important to consult with your lender or loan officer to understand their specific documentation requirements and ensure that you provide all necessary information to support your commercial loan application. Being organized and prepared with all required documents can help streamline the application process and improve your chances of approval.
AT LIBERTY CAPITAL GROUP, OUR COMMITMENT TO SMALL BUSINESSES
Experience You Can
Trust
With two decades of industry experience, Liberty Capital Group has established itself as a trusted partner for small businesses seeking funding solutions. Our team of experts understands the challenges faced by entrepreneurs and is committed to helping you overcome them.
Tailored Funding
Solutions
We believe that one size does not fit all when it comes to business funding. That’s why we offer a variety of financing options tailored to your specific needs and credit profile. Whether you need working capital, equipment financing, or a merchant cash advance, we have you covered.
Flexible Eligibility
Requirements
We understand that not every business has a perfect credit score. That’s why we have flexible eligibility requirements designed to accommodate businesses of all credit types. Even if you’ve been turned down by traditional lenders, we may still be able to help.
WHY CHOOSE LIBERTY CAPITAL GROUP
Dedicated Support
Our team is here to support you from start to finish. Whether you have questions about the application process or need assistance after funding, we’re always just a phone call away.
Transparent Process
At Liberty Capital Group, transparency is our priority. We’ll walk you through the entire funding process, explaining each step along the way and ensuring you have all the information you need to make informed decisions.
Quick Approval
We know that time is of the essence when it comes to business funding. With our streamlined application process and quick approval times, you can get the funding you need without unnecessary delays.
Don’t let your credit score hold you back from achieving your business goals. Contact Liberty Capital Group today to learn more about our flexible funding options and discover how we can help your business thrive, regardless of your credit history. With our experience and dedication, you can trust us to be your partner in success.
Here Are the Top 5 Tips for Businesses Seeking Small Business Funding for Commercial Loans
Understand Your Funding Needs
Before applying for a commercial loan, thoroughly assess your business’s funding requirements. Determine how much capital you need, what it will be used for, and how the loan will benefit your business. Having a clear understanding of your funding needs will help you select the right type of loan and approach potential lenders with confidence.
Improve Your Credit Profile
A strong credit profile can significantly improve your chances of qualifying for a commercial loan and securing favorable terms. Take steps to improve your personal and business credit scores by paying bills on time, reducing outstanding debt, and resolving any errors or discrepancies on your credit reports. Lenders often consider credit history when evaluating loan applications, so maintaining good credit can enhance your credibility as a borrower.
Research Lenders and Loan Options
Explore different lenders and financing options to find the best fit for your business needs. Consider factors such as interest rates, loan terms, eligibility requirements, and repayment options. Look beyond traditional banks and consider alternative lenders, online lenders, and government-backed loan programs. Compare multiple offers to ensure you’re getting the most competitive terms for your commercial loan.
Prepare a Strong Loan Application
Put together a comprehensive loan application package that highlights your business’s strengths, financial stability, and growth potential. Include detailed financial statements, business plans, cash flow projections, and any other relevant documents requested by the lender. Presenting a well-prepared and professional loan application demonstrates your commitment to the success of your business and increases your chances of approval.
Build Relationships with Lenders
Establishing relationships with lenders can be beneficial when seeking small business funding for commercial loans. Network with local banks, credit unions, and financial institutions in your area, and attend industry events and business networking opportunities to connect with potential lenders. Building rapport with lenders and demonstrating your business’s potential can lead to more favorable loan terms and increased access to funding options.
By following these top 5 tips, businesses can enhance their chances of successfully securing small business funding for commercial loans and obtaining the capital needed to support their growth and expansion initiatives. Focusing on your business’s revenue, exploring alternative lenders, offering collateral or a additional guarantee, seeking a co-signer or partner, and demonstrating a solid business plan, having another corporation gaurantee the funding, you can improve your chances of securing a small business loan despite having bad credit.
Get Started Today
Working with Liberty Capital, your one stop-shop for all your commercial business loan even if you have bad credit. Ready to take the next step towards building wealth and assets through business funding for bad credit can help you build your payment history, build Comparable Credit and Business Ttradelines. Contact Liberty Capital today to learn more about our loans for bad credit for businesses and discover how we can help you achieve your business objectives knowing no one else will do. Let us be your trusted partner in financing success. Get Pre-Approved Today!