Can a Stated Income Commercial Real Estate Loan Help Your Business Grow?

A stated income commercial real estate loan is a flexible avenue of financing that allows you to grow your company in a variety of ways. Because they are easier to qualify for than traditional types of financing, stated income loans are great investment for startups and companies with poor credit histories. Toluca Lake Capital is proud to include stated income loans in our repertoire of financial solutions.

What Is a Stated Income Loan?

Unlike traditional loan options in which the funds are designated for specific purposes, the money from a stated income commercial real estate loan can be used to stock inventory, purchase equipment, expand, refinance, consolidate debt or any other way to enrich your company. Stated income loans are approved based upon property value rather than credit history, so your company qualifies for this avenue of financing if it owns property with a value that is greater than the cost of its expenses. Stated income loans also require less documentation and paperwork than other types of loans so they are usually approved quickly.

What Are the Advantages of a Stated Income Loan?

You may use the money from a stated income loan in any way to benefit your business. Toluca Lake Capital also offers the following advantages to borrowers with credit scores of at least 600.

• Loan terms of 25 years with fixed rates
• W-2 and self-employment documentation
• Loan amounts of up to $500,000
• Up to 65% LTV for commercial properties
• Up to 70% LTV for investment properties
• Up to 75% LTV for mixed-use properties
• Nearly any type of property qualifies

Contact Us Today

Securing a stated income commercial real estate loan from Toluca Lake Capital is a great way to ensure you can grow your business in any way you desire. Contact us today to learn more about what this financial solution can do for you. In many cases, we can approve you for a stated income loan in as little as seven days.