When you want to purchase commercial property in the Panama City, FL area to start up your own office, warehouse, or store, you’ll likely need a commercial building loan. Regardless of whether you’re going to build a brand new property on the land or revamp and existing one, knowing how to go about it can save you time so you can get to building your dreams faster.
First, you should know what lenders seek before they say ‘yes’ to your commercial building loan. They’ll look at business finances, much like they would if you were buying a residential property to make sure you’re good for it. They’ll also check your business’s credit score. And if you’re a [Read more…]