Howdy ya’ll!!! Do any of the plethora mortgage brokers out there know how difficult it is to get commercial financing for a corporate entity with a great Paydex score??? Thanks!!!
Mike,
Is the corporation buying residential or commercial property?
Sorry!!! Commercial properties for investment, not for use by the corporation. Thanks!!!
That’s fine. Is the property going to residential or commercial?
Commercial.
Mike,
This should not be a problem. There are quite a few lenders willing to lend in the name of the corporation. Now, if the corporation has a very short history (less than 12mths) you would have to make sure you have someone willing to be a personal guarantee on the financed debt.
Hi Mike,
Did you get financing yet?