Speak With a Lender About a Commercial Owner Occupied Loan
August 2, 2023
For business owners in the Southeast Texas Gulf Coast, finding the right financing solution to acquire commercial owner occupied property is crucial for the growth and success of your company. This is where Texas Gulf Bank can help, offering strategic lending options that are tailored to meet your unique needs.
With a team of skilled and experienced lenders, Texas Gulf Bank has established itself as a trusted partner, helping small businesses unlock their potential through a commercial owner occupied loan.
Learn more about the owner occupied commercial real estate loan options we offer, the different ways our loans help your business grow, and how our team of loan officers can support your business.
Effective Loan Programs for Your Specific Needs
With over 110 years of lending experience, Texas Gulf Bank understands that businesses in the region need a variety of strategic financing options to choose from in order to achieve sustained growth.
In addition to offering conventional loans, we offer a wide range of loan programs that support businesses with unique financing scenarios, including the following.
SBA Loans
The Small Business Administration (SBA) is a federal agency that partners with banks to financially back loans to small businesses in need of strategic and effective loan solutions.
SBA loans are a popular choice for small business owners since they typically offer competitive interest rates and fees, smaller down payments, favorable loan terms, and lower collateral requirements than traditional loan options.
If you have a new business venture, the SBA 504 loan may be the ideal lending solution for securing a commercial property for your long-term business needs. SBA 504 funds are primarily intended for acquiring commercial property or business equipment but not for working capital purposes.
SBA 504 loan funds can be used to pay for long-term fixed assets such as:
- Land for new building construction
- Commercial buildings
- New construction
- Machinery and equipment
- Building renovations
Multiple Property Purchases
Your business may be well-positioned for rapid expansion throughout the Gulf Coast, but you still need reliable financing in order to purchase multiple owner occupied commercial properties.
Our lending strength allows us to offer loan solutions that enable you to buy the commercial properties you need for growth. If approved, you must occupy at least 51% of each property and can lease out the remainder to generate multiple revenue streams.
Our owner occupied loan programs are long-term financing solutions that offer favorable loan terms and competitive interest rates. These programs may put you on a path toward business success and financial stability, especially if you plan to purchase multiple properties.
Choose a Better Commercial Owner Occupied Loan Experience
Purchasing a commercial owner occupied property presents unique challenges for small businesses. From navigating complex real estate markets to securing favorable terms and rates, the process can be overwhelming.
By choosing Texas Gulf Bank for your owner occupied loan needs, your business may enjoy the following benefits:
Loan Flexibility
Texas Gulf Bank adapts to meet your needs. We take the time to understand your objectives, growth plans, and financial situation to structure loans that accommodate your unique circumstances.
We recognize that your time is valuable, and you shouldn’t have to jump through hoops to obtain funding. Our customer-centric approach ensures you receive necessary funding – if approved for one of our loan products – without incurring unnecessary burdens.
Competitive Rates and Terms
Texas Gulf Bank is committed to helping local businesses thrive. With strong relationships in the local financial community and a deep understanding of market dynamics, our lending strength allows us to offer competitive rates and loan terms that could benefit your company.
This advantage may translate into cost savings, improved cash flow, and enhanced profits for your business.
Industry Insights
Our loan officers possess an in-depth understanding of the Southeast Texas Gulf Coast business landscape. We are well-versed in the nuances of various industries and are adept at accurately evaluating both your business potential, as well as, possible roadblocks.
This expertise enables us to offer specialized advice and develop tailored lending solutions that factor in industry-specific risks and opportunities.
Streamlined Approval Process
Your business may face time constraints or competing interests when it comes to securing financing for a commercial owner occupied property. Texas Gulf Bank recognizes these urgencies and will do their best to streamline the approval process to minimize delays.
With efficient internal procedures and an in-house loan review team dedicated to prompt decision-making, our bank will work hard to provide you with a timely response.
Long-Term Partnership
Texas Gulf Bank values building long-term relationships with its clients. The bank understands that your financial needs may evolve as your business grows; we are committed to being a trusted financial partner throughout your journey.
By fostering communication and providing ongoing support, Texas Gulf Bank helps you navigate the changing financial landscape and identify new opportunities for growth.
Start The Application Process Today
Texas Gulf Bank is ready to help elevate your business through our wide range of commercial owner occupied loan programs. Our goal is to provide you with the resources you need to seize promising opportunities within the dynamic Southeast Texas Gulf Coast market.
Contact us today to speak with a loan officer with any questions you may have. Or, learn more about the loan application process before speaking with one of our lenders.
We look forward to helping you on the path to long-term growth.
All Loans Subject to Credit Approval