Welcome to Beacon’s business loans program. Non-residential mortgages can finance the purchase, expansion, renovation or refinancing of retail, office, industrial and multi-unit properties. For the loan option and mortgage that will make you feel right at home, click here.
Business Term Loans
Beacon’s Business Term Loan allows you to expand your operations or finance equipment. We help you finance one-time purchases or longer-term needs.
Features:
-Fixed monthly payments help to budget your annual expenses.
-Terms range from 12 to 60 months
Mortgages
Beacon’s Owner-Occupied or Investment Commercial Mortgages will finance the purchase, expansion, renovation or refinancing of office and retail space, industrial and multi-unit properties.
Features:
-Options of 5, 10, or 20-year terms
-5 or 10-year re-pricing options
-A generous loan-to-value ratio of up to 80%
-Financing of properties for investment in addition to owner-occupied (51% or more) properties
Small Business Administration (SBA) Loans
An SBA Loan guarantee gives small businesses a simple, trouble-free alternative to traditional business financing. At Beacon, we offer both the 504 Program and the 7(a) Program.
Benefits
- More convenient loan terms and rates
- Longer terms structured to improve cash flow
- Use of our standard line of credit or loan application to streamline the application process
