As business professionals, we love to see the results of hard work. Seeing business growth and expansion has us always chasing the next opportunity. If your path is leading you to the world of commercial development and/or commercial property management, Graysbrook can help!
For apartments and mixed use commercial spaces, Graysbrook can help with loans of up to 65% of the value of the property, at competitive rates and fees, fully open, and interest-only loans. These tend to have less paperwork and documentation than traditional commercial products and have faster approvals, which are intended for a shorter term so that you’re able to refinance or sell, and move on to the next opportunity.
Using private funds to purchase (or build) a commercial property allows for quick growth, acquisition, restructuring and gives businesses the stability of owning their own building or facility.
If your business has found itself in a situation where cash flow is limited causing a lack of accommodation for growth, financing can help move you to the next step. Some commercial funding can even be used as bridge financing, helping to pay down CRA or property tax debt and allowing you to use the funds until a longer-term product is approved.
Our Commercial mortgage products can be of help to you if you are considering:
- Multi-unit residential buildings
- Commercial construction
- Retail buildings, strip malls or shopping centres
- Office or purpose-built buildings
- Storage facilities
- Land up to 50% LTV, or higher in the case of construction financing.