Stated Income Commercial Real Estate
Qualifying Your Business for a Stated Income Loan
Business financing is a hugely accessible tool that nearly all business owners have to make improvements to their businesses. Of course, not everyone can qualify for any kind of loan, but there is almost guaranteed to be at least one type of financing that you can be approved for. At Expedited Financial Solutions, LLC, we strive to help you find the loan option that is perfect for your unique situation. Perhaps that means applying for a stated income commercial real estate loan, which is designed specifically to be available even to small businesses with poor credit.
Using Your Loan
Because Expedited Financial Solutions, LLC can get nearly any business approved for financing, you can take advantage of all these tools to make permanent improvements to your business:
- Remodel your real estate
- Purchase new real estate
- Hire additional staff members
- Invest in your marketing
- Refinance
- Purchase new equipment
- Consolidate your debt
How Stated Income Loans Work
The reason stated income loans are so accessible is the same reason that makes them unique. Traditional loans are all about credit. You need to have a strong credit score and credit history to be approved for a traditional loan. This is fine for most businesses, but owners with poor credit are often the ones who need financing the most. Stated income business loans are not based on credit. Instead, they are based on income. If your business is earning a profit, you already are nearly guaranteed to be approved. This opens up so many different options for your business. If you leverage the working capital correctly, you can permanently increase your profits, even after you have finished making payments.
Turn to Expedited Financial Solutions, LLC to learn more. We are always committed to helping each and every one of our clients receive the financing they need to succeed. Give us a call today to begin the application process right away.