Because it is a flexible form of financing that can be used in nearly any way to enrich your company, a stated income commercial real estate loan is an alternative financial solution to a traditional loan. It is an ideal form of funding for companies with a poor or limited credit history. Whitefish Funding offers this type of loan to businesses of all sizes.
Flexibility is the primary benefit of this type of financing. It can be used to consolidate debt, refinance, purchase equipment, buy property or obtain inventory as needed. It requires significantly less paperwork than a traditional loan does, and it is also much easier to qualify for. Whitefish Funding analyzes the value of the property in question instead of the company’s credit history to determine approval. If the property’s value exceeds the cost of its taxes, mortgage, and insurance, it qualifies for a stated income loan from Whitefish Funding regardless of which type of real estate it is.
To qualify for a stated income loan from Whitefish Funding you need to have a credit score of at least 600. You will gain the following benefits upon approval.
If you are looking for an alternative financial solution to help your company grow, a stated income commercial real estate loan could be the funding you need. The terms offered by Whitefish Funding are competitive, so contact us today to see how we can help your business thrive. In many cases, we can provide you with the cash you need in as little as 24 hours.
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