If you’re shopping for a commercial loan, you may have heard about commercial loan Truerate services. So, who are Truerate services, and how can they help you get the best real estate or business loan and what other services can you expect from them?
In this article, we tell you all about Commercial loan Truerate services, how you can secure an easy commercial loan from their commercial real estate capital markets and investment sales platform and leverage that to expand your business.
We will also discus other services rendered by Truerate targeted at investors and related topics. Keep reading to know more.
Who are Truerate services?
Truerate services is a commercial real estate capital market and investment sales platform dedicated to helping you find financing for your project through efficient, simple, standardized and user-friendly portal for an accelerated, faster debt or equity placement process.
The company was formed in 2020 by Olive Tree Holdings and is headed by experienced financial and investment experts who boast of a combined 50+ years of experience in the field. Truerate services’ main trade is centered around Capital Markets and Investment sales.
Dan Gorczycki, an industry veteran, is the company’s managing director and is responsible for the implementing Truerate services’ growth and expansion strategy.
Commercial loan Truerate services
Truerate services helps secure commercial loans for clients in the commercial real estate industry. This means both lenders and debtors can use Commercial loan Truerate services to support the building of, and investment in commercial real estate properties. Truerate main services include:
1. Debt financing
Debt financing is a common way to get money to start or grow a business. Through Truerate services, businesses can raise money for working capital or capital expenditures from individual or organizational investors. Truerate services act as brokers.
2. Equity placement
Equity placement is a capital raising strategy that allows a business to get an injection of much need funds in exchange for stocks in the company. Equity investors doesn’t require the business to pay back the amount as the investors now owns a part of the company and would see return on investment as the company grows.
3. Investment sales.
When it comes to Truerate services investment sales, owners get to benefit form real-time market commercial real estate market movements to help determine the actual market value of a real estate asset. This is beneficial because owners are assured of getting the right price for their asset informed by existing market conditions.
Commercial mortgage truerate services
Businesses can raise capital from investors through a mortgage debt instrument. This form of loan can help a business with debt financing, building of more commercial real estate assets, expansion, capital expenditures among other use the business might have for the money.
To get commercial mortgage, a borrower will have to leverage their commercial real estate asset such as offices, warehouse, shopping centers among other commercial buildings.
Like most loans, commercial mortgages come with interest which the business must pay in addition to the loan amount. TrueRate services, true their Commercial real estate capital markets and investment sales helps you acquire commercial mortgage that rights for your business.
What makes TrueRate services stand out?
Commercial loan Truerate services combines experience and technology to advice clients on the best debt. For owners or businesses trying to get a commercial loan or invest in a business, the input time is virtually zero since they do all the work.
A few qualities that make TrueRate Services stand out include:
- Experience – with a combined experience of over 50 years in commercial real estate finance, capital markets and loan industry, you are assure these decades of experience will be used to your benefit.
- Skilled Advisors – The team at Truerate Capital Markets are highly skilled in the capital markets industry and so you can expect skilled advice that will meet your needs.
- Technology – Truerate uses real-time market data to help maximize returns for its clients.
What you must know about commercial loans
As a business owner, you may be wondering what commercial loans are and how they can benefit your business. Commercial loans are essentially business loans that are used to finance a variety of business expenses, such as start-up costs, expansion costs, equipment purchases, and more.
There are a few different types of commercial loans, which include term loans, lines of credit, and SBA loans. Each type of loan has its own terms and conditions, so it’s important to do your research to find the best loan for your business.
Commercial Loans vs Traditional loans
There are a few key differences between commercial loans and traditional loans that you should be aware of before making a decision on which type of loan is right for your business. The differences include:
Commercial loans are typically given to businesses for specific purposes, such as purchasing commercial real estate or equipment. Traditional loans, on the other hand, can be used for a variety of purposes.
2. Repayment Term
Commercial loans usually have shorter repayment terms than traditional loans, which means you’ll need to repay the loan more quickly. Traditional loans often have longer repayment terms, giving you more time to repay the loan.
3. Interest rate
Commercial loans typically have higher interest rates than traditional loans, so you’ll need to be prepared.
Commercial loan marketplace
A commercial loan marketplace is a new phenomenon in which an online platform connects businesses looking to secure a commercial loan to inject in their business, with investors looking to buy or invest in the loan.
The platform or brokerage, serves as the middlemen, collecting interests and principal payments and handing same to the investors minus their agreed fees.
What to consider before taking out a loan
When looking to secure a loan whether as a consumer or a business, there are things you must consider to ascertain your readiness for a loan and to get the best deal. These include:
1. Consider your income and expenditure
You must know how much you make and how much you spend. This will leave you with a fair idea of how much loan you can conveniently take on so you don’t miss payments.
2. Calculate how much you can borrow
Knowing your income and expenditure will help you determine how much you need to borrow. You can as well make use of online loan calculators which can access your income and expenditure and tell you how much loan you can qualify for.
3. Shop around
Before settling on where to borrow, look around and consider rates, terms among other important factors deciding which is best for you.
To conclude, Commercial loan Truerate services can be your key to unlocking new revenue to keep your business going or expand by taking advantage of their experience and skill on the capital market. As an investment sales broker, the men and women at Truerate can connect buyers and sellers and ensure that each goes home happy.
It must be noted that all brokers do not work for free, their services come at a cost. Contact TrueRate services to get full details on their pricing and services.