Auto Repair commercial loans

Auto Repair Commercial Loans

Net Equity Financial Mortgage offers auto repair center loans for the refinancing or acquisition of existing, stabilized businesses were the commercial mortgage is secured by both the business and real estate.

Offering both conforming and non-conforming commercial loans for auto repair centers, Net Equity Financial provides several financing options, including, full, limited and stated income auto repair building loans.

For qualified borrowers and properties, Net Equity offers low fixed-rates, 30 year terms with flexible prepayment options.80% commercial financing available on a case-by-case basis.

Auto Repair Commercial Loans and Financing

To be eligible for auto repair center financing, the property must meet local and federal EPA standards and requirements and contain no underground storage or holding tanks. Net Equity will require a Phase 1 environmental report on all auto repair center commercial loans.

· Auto Repair Commercial Loans From $500,000

· Loan Collateralized by Commercial Real Estate - No Business Only Financing

· Acquisition or Refinance of Stabilized Auto Repair Centers and Auto Body Shops

· Bank, SBA and conventional financing available

· 3, 5, 10, 15 Year Fixed Rates

· 15, 20, 25, & 30 Year Amortizations

· Flexible Prepay Options

· 80% LTV - Subordinate Debt OK

· Full Document - Personal Recourse

· Minimum 660 Credit Score

· 3 Years of Historical Income Req.

· Low Minimum 1.40 DSCR

Contact a Net Equity commercial mortgage loan professional at 1-800-757-1990 to learn more about auto repair loans.