Define the transaction
Purchase, refinance and equity release have different requirements. Start with the property, ownership structure, intended use and closing timeline.
Assess the cash flow
Commercial lenders may review business financials, lease terms, rent rolls and operating expenses alongside borrower strength and property value.
Prepare for due diligence
Appraisal, environmental review, leases, corporate records and legal work can affect timing and cost. Establish a realistic financing and closing schedule early.
A useful starting checklist
- Purchase agreement or financing summary
- Business and property financial statements
- Rent roll and leases where applicable
- Corporate structure, net worth and equity source