Commercial Properties
A successful company operates on core beliefs. At our core, Marques Commercial Capital believes that property owners and investors are underserved by narrow and inflexible banking guidelines and we’re here to change that. We see loans in full color. We understand that every loan has a unique story and we’re ready to listen to the needs and issues of every borrower.
Small business owners and investors utilize small commercial properties nationwide to support and operate their businesses. We believe strongly in this type of asset and have developed financing solutions for commercial real estate loans designed specifically to help entrepreneurs achieve their vision of real estate ownership.
From a lender’s perspective, commercial buildings with more general use capacity like retail, warehouse or office space are easier to finance than properties built for a specific purpose (i.e., bowling alley, bank or manufacturing plant) because they have an inherently lower risk due to a higher market demand from investors. Lenders often avoid financing specific use properties or require a lower LTV (e.g., higher downpayment) on them to offset their higher risk profile.
At Marques, we provide loans for a wide variety of commercial properties, including:
- Office Buildings
- Retail Stores
- Warehouses
- Self-Storage Buildings
- Automotive Repair Shops
Less headache. More inspiration.
We know small business owners and investors only have a short runway to get their vision up and running. Our uncomplicated, asset-based commercial loans are designed to help you give them the Marques they need to acquire or refinance properties quickly and easily.
Less documents, flexible terms and the freedom to look beyond a borrower’s personal income, allow us to offer investors funding options beyond what’s traditionally available to them. Whether the client needs a loan for a new property or a cash-out refinance, our commercial loans terms will make it simple to qualify.
Our long-term Loan program has many benefits for commercial real estate investors and small business owners:
- up to a 30 year fixed term
- A simple financing solution on a purchase or cash-out refinance.
- Flexibility to remain in the loan for up to 30 years.
- Lower monthly payments than a hard money loan.
- A 3-year or 8-year fixed term amortized over 30 years.
PROGRAM GUIDELINES
| Property Types | Multifamily, Mixed Use, Office, Retail, Light Industrial, Mobile Home Parks, Self Storage, SFR Pools |
| Lending Area | Nationwide (except Alaska, North Dakota and South Dakota) |
| Loan Amounts | $75,000 – $5,000,000 |
| Loan Term | 3, 5, 7, 8, 10 years fixed |
| Amortization | 30 Years |
| Minimum DSCR | 1.20 |
| Maximum LTV | Up to 75% / CLTV up to 80% |
| Fixed Rates | 6.00% – 9.90%, then float |
| Better Credit Score | Rate Discount Available |
| Better Market Area | Rate Discount Available |
| Index | 6 month LIBOR/ WSJ PRIME (after fixed period) |
| Margin | 4.00% (after fixed period) |
| Rate Caps | 1.00% initial, 1.00% per 6 months, 6.00% lifetime |
| Floor | Initial Rate |
| Occupancy | Investor and Owner-Occupied (O/O not for 1-4 SFR Pools) |
| Minimum Credit Score | Generally 620 |
| Personal Recourse | Required for 25% or greater ownership |
| Loan Cost | 4-5% of loan amount (total closing costs) |
| Rate Buydown | Available |