Fueling Business Growth: Your Guide to Financing Commercial Real Estate

Oct 18, 2024 | 3 Minute Read

As your business expands, so do your financial needs. Whether you’re looking to purchase new property, renovate existing buildings, or refinance commercial real estate, having the right financial partner can make all the difference. At First National Bank, we offer a range of financial products designed to help businesses and real estate investors like you grow and thrive. Our expert commercial lenders are here to provide customized solutions that align with your goals and opportunities.

Why Financing is Key to Business Growth

Growing a business takes more than just hard work. It requires smart financial planning and access to capital when you need it. Whether you’re scaling operations or expanding your real estate footprint, securing the right type of financing can help you seize new opportunities and manage cash flow effectively.

First National Bank Financial Products for Business Growth
We understand that every business is unique, which is why we offer a wide range of financial solutions designed to support your specific needs. Whether you’re purchasing new property or improving existing assets, First National Bank has the right loan products to fuel your growth.

1. Traditional Commercial Real Estate Loans
If your business is looking to acquire or refinance commercial real estate, First National Bank’s Traditional Commercial Real Estate Loans provide a flexible solution for a wide range of properties.

  • What It’s For: Office buildings, industrial spaces, multi-family units, retail centers, and more.
  • Why It’s Great: With customizable loan structures, you can maximize your return on investment while building your business portfolio.

2. Construction Loans
Need to build something from the ground up? First National Bank offers multi-stage Construction Loans that allow you to use the equity from one phase of your development to fund the next.

  • What It’s For: New builds, renovations, or large-scale construction projects.
  • Why It’s Great: These loans adapt to your project’s timeline, giving you access to funds as you hit each milestone, without needing to secure separate financing for every stage.

3. Value Add CRE Financing
If you see potential in a property that needs a little work, our Value Add Commercial Real Estate (CRE) Financing is designed to help you bridge the gap between the property’s current state and its future value.

What It’s For: Property improvements, renovations, or short-term resales.

Why It’s Great: Short-term bridge loans provide quick access to capital when you need it most, giving you the flexibility to enhance the property’s value before reselling or refinancing.

4. Land Development Loans
Real estate developers who need funding for raw or unimproved land can benefit from our Land Development Loans. These loans allow you to acquire and develop land, paving the way for future construction projects.

  • What It’s For: Acquiring and developing land for residential, commercial, or mixed-use developments.
  • Why It’s Great: Provides the necessary capital to turn undeveloped land into a valuable asset, unlocking opportunities for future projects.

5. Investor Owned Residential Real Estate (IORRE) Loans
For investors looking to build a portfolio of residential properties, our IORRE Loans make it easier to acquire multiple properties, including single-family rentals (SFRs), condos, and townhomes.

  • What It’s For: Financing the purchase of residential properties for investment purposes.
  • Why It’s Great: Flexible financing options designed to meet the unique needs of real estate investors.

6. SBA Loans
Small businesses often need a financial boost to get started or to expand. First National Bank offers a full range of SBA Loans, which are backed by the Small Business Administration, making them a great option for businesses that may not qualify for traditional loans.

SBA 7(a) Loans:

  • What It’s For: Real estate acquisition, expansion, renovation, equipment purchase, working capital, and more.
  • Why It’s Great: This versatile loan is ideal for businesses looking to finance a wide variety of growth initiatives, with flexible terms and lower down payments.

SBA 504 Loans:

  • What It’s For: Purchasing or upgrading fixed assets like real estate, equipment, and facilities.
  • Why It’s Great: These loans offer up to 90% financing, with fixed interest rates and longer repayment terms, making them perfect for businesses looking to invest in long-term growth.

Why Choose First National Bank?

At First National Bank, we understand that every business has unique needs. That’s why we offer personalized financing solutions tailored to your goals. Our experienced commercial lenders work with you to determine the best options for your business—whether you’re acquiring new property, expanding operations, or investing in equipment.

  • Expert Guidance: Our team of commercial lenders will guide you through the entire process, from application to closing.
  • Flexible Terms: We offer a wide range of financial products with flexible loan structures, so you can find the right fit for your business.
  • Customer Focus: At First National Bank, we’re committed to helping our customers succeed, providing personalized service every step of the way.

Fuel Your Business Growth with First National Bank

Whether you’re expanding your property portfolio, developing raw land, or investing in new equipment, First National Bank has the financial tools you need to grow. Our range of flexible loans—backed by expert guidance—gives your business the power to move forward with confidence.

Ready to get started?  Click here to contact us and we’ll match you with a lender in your area. Let’s work together to take your business to the next level.