Stated Income Commercial Real Estate
When you need funds fast, a traditional business loan just won’t do. Fortunately, you can get fast funding with a stated income commercial real estate loan from Elite Capital.
Get Personalized Financing Guidance
We’re here to make the loan application process seamless and stress-free. Our team will provide a no-obligation consultation and business financing analysis to determine your eligibility and help you understand how much capital your business may require.
Contact us today to learn more about our SBA loan options and start your application process. Secure the funding you need to power the growth and success of your business!
Get Quick Access to Working Capital with a Stated Income Loan
When traditional business loans take too long, a stated income commercial real estate loan from Elite Capital can provide the fast funding you need.
What Is a Stated Income Loan?
Unlike traditional loans that require piles of paperwork, a stated income loan simplifies the process. All you need to prove is that the property you’re using as collateral can cover the following expenses:
- Taxes
- Loan amount
- Insurance
You won’t need to submit business plans or financial statements, saving you significant time and stress.
How Much Can You Borrow?
The loan-to-value (LTV) ratio depends on the type of property you’re using as collateral. Here’s a breakdown of what you may qualify for:
- Warehouses, offices, retail spaces, self-storage units, and auto services properties – Up to 65% LTV
- Investment properties (less than five units, non-owner-occupied) – Up to 70% LTV
- Properties with five or more units – Up to 75% LTV (with a credit score of 700 or higher)
Key Benefits of Stated Income Loans
Stated income loans offer several advantages, including:
- Full amortization
- Loan amounts as high as $500,000
- Terms of up to 25 years
- Low, fixed interest rates
Flexible Use of Funds
A stated income loan isn’t just for purchasing new property—it also lets you tap into the equity of properties you already own. Once approved, the funds are yours to use however you see fit, whether for expansion, renovations, or working capital.
What Are the Requirements to Apply?
Qualifying is straightforward and flexible. Here’s what you’ll need to apply:
- A minimum credit score of 600
- Documentation of employment (W-2 or self-employment paperwork)
Unlike traditional loans, there’s no need to provide financial statements, and even borrowers turned down elsewhere may still qualify.
Schedule Your Free Consultation Today
If you’re ready to unlock the capital you need, Elite Capital can help. Our financial experts offer free, no-obligation consultations to discuss your goals and funding options.
Call us today to schedule your consultation and take the next step toward meeting your financial goals!
Get Started Today!
Get in Touch
Company
Elite Capital offers a wide range of tailored business loans designed to meet your unique needs. Whether you're expanding your startup, investing in commercial property, or fueling your next big idea, we've got the perfect solution for you.
Site Map
Marketing Services
Financial Services
Blog
Contact
Contact
Elite Capital LLC
33 Wood Ave South
Suite No 600
Iselin , NJ - 08830
Phone: (732) 770-9274