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This excerpt explains commercial property purchase ventures and how loans can help.
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Commercial Property Purchase Loan
About Commercial Property Purchase With a secured loan, you can establish a commercial setup like purchasing your new office space, expanding, or refurbishing the current business, etc. Mortgage lenders often cater to self-employed individuals across all industries. If you want to own a workplace of your own choice, lenders can help.
Features of Commercial Property Purchase • Loan availability at minimal documentation • No hidden charges • Loans available throughout the state where the lender operates • Quick closing
Benefits of Commercial Property Purchase • Here are a few perks of commercial loans. • Wide branch network • Different modes of payment available • Experienced staff • Quick processing and disbursal
Eligibility Criteria • You must meet the following criteria to be eligible for commercial loans. • Company certification • Tax returns of up to 5 years • Proof of citizenship • A business plan • Business records • Projected cash flow
Documents required for Commercial Property Purchase • Company certificates • Tax returns • Business records • Business plan showing how you will use the loan • Third-party appraisals • Projected cash flow throughout the loan term
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