In this messed up financial market cash seems to be king. Trying to get financial help is only to the elite but even they are having a hell of a time!
That said, best places to look for loans is your local small Community Banks or Credit Unions. (I found this out from my X who has all the business she can handle at a small Community Bank) They are liquid, have a more liberal approach to financing and deal on a personal level. You probably will not get a 1st loan but if you own your property they should eat up a chance to give you a 2nd mortgage. All you have to do is open a account with them and keep in good standing.
Here's some Lease to Own Help: The first step in financing is determining your building cost. Our
building price includes the cost of all materials required to complete
your structure as designed. You will need to get the cost of any other
jobs required, such as excavation, foundation, electrical, plumbing,
etc. Make sure you have a firm estimate for any job you're considering
hiring out, and have the contractor submit the cost of their job in
writing.
Business Owners - Farm & Ranch - Equine Professionals
-
Mechanics - Owner/Operator Truck Drivers...
All you need is a business
registered in your state
with a two-year business history.
- Farm & Ranch Lease Packages
- Differed or Skip/Seasonal
- Business Lease Programs
- Municipal Lease Programs
- Start-up Business leasing Available in Some areas.
Standard depreciation for financing is 39 years.
LEASE AND WRITE OFF IN 5 YEARS!!!!
"LEASE TO OWN"
LOW DOWN PAYMENT - NO LOAN FEES - SUPER TAX ADVANTAGES QUICK TURNAROUND TIME
SEVEN YEAR FINANCING ON LARGE PROJECTS
HERE'S HOW THE "LEASE TO OWN" PROGRAM WORKS:
SAMPLE CHART (OAC: Monthly PAYMENTS WILL VARY)
| BUILDING COST | TERM | MONTHLY PAYMENT |
|
| $15,000 | 5 YRS | $328.80 per month |
| $25,000 | 5 YRS | $548.00 per month |
| $35,000 | 5 YRS | $767.20 per month |
| $50,000 | 5 YRS | $1069.00 per month |
| $75,000 | 5 YRS | $1603.50 per month |
* Note: Down Payment of 2 Lease Payments and a 10% Residual at end of lease.
SEVEN-YEAR TERMS ON $100,000 AND UP (If Qualified)
| BUILDING COST | TERM | MONTHLY PAYMENT |
|
| $100,000 | 7 YRS | $1723.49 per month |
| $150,000 | 7 YRS | $2585.23 per month |
| $200,000 | 7 YRS | $3388.90 per month |
| $300,000 | 7 YRS | $5038.86 per month |
* Note: Down Payment of 2 lease payments, and a $1.00 (one dollar) buyout at end.
* Projects over $300,000 please call for a special quote.
* (Rates Subject to Change and Subject to Credit Criteria)
* ALL PAYMENTS ARE FIXED!
WHAT CAN I EXPECT IF I APPLY FOR A LEASE?
* Applications under $50,000 require only our simple application. NO Financial Statements or Tax Returns (If Qualified)
* Applications over $50,000 will require 2 years complete tax returns and a
Personal Financial Statement. (If Qualified)
* THERE ARE NO LOAN FEES TO APPLY
* Approvals take 2 or 3 days on buildings under $100,000 and about 5 days on
buildings over $100,000