Help me choose a mortgage to start a business. I have been working in textiles industry for the last six years. Now, I am planning to start a small scale textiles business. In my search, I noticed lenders offering a business mortgage at a reasonable rate.
I would like to know the details regarding different mortgages available for business. What are the formalities to be followed to apply for a mortgage and what is the eligibility criteria to get approved for a mortgage?
Is mortgages with cashback a better idea? Awaiting reply! Thanks in advance.
Great question! There are many commercial mortgages/loans that might work for you. In fact, we’ve written some great content on that exact subject.
Feel free to read our articles on the following:
– commercial real estate loans (https://fitsmallbusiness.com/commercial-real-estate-loans/)
– Buying vs leasing commercial real estate (https://fitsmallbusiness.com/buying-vs-leasing-commercial-real-estate/)
You can also check out our commercial loan category page for updated articles on the subject (https://fitsmallbusiness.com/commercial-real-estate-loans/)
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