*Loan,banking and credit>>>commercial loan

Do anyone know where i can get a collateral loan on a commercial bldg. free&clear 60,000sf?

I'm looking for a straight collateral loan company any info will help

I would suggest you to check the website
http://money-review-site.com/loans.html... to learn more on loans

Most lenders will look at 3 things:
1. collateral
2. use of loan proceeds
3. how you intend to pay the loan back

By law, institutional lenders must have a default loan cleared off its books within a year. That is why they look closely at how you intend on paying them back.

Even companies that make collateral loans will still look at all three items listed above. You did not say if the building was income producing, so I am assuming it is not. Nor did you say if there was a current appraisal on file. You might be able to get 50% LTV if your credit is good and you have a current appraisal. Just do some searching on the internet using the words "commerical collateral loans" and similar words. Your search should turn up several companies.
There you go : http://index-go.com/finance-loans-mortga...

Good luck !
http://index-go.com/finance-loans-mortga...