Commercial Real Estate Financing

If you are interested in financing commercial real estate efforts, whether you want your business’s first office or you are expanding your operations, contact our commercial real estate lawyers today to get started. We are well versed in the complexities of commercial real estate transactions, including those related to financial regulations, environmental regulations, taxation, title issues, and more.

A business mortgage loan, also referred to as a commercial real estate loan or commercial mortgage, is often a strong choice for long-term real estate financing. It can enable new and thriving businesses to obtain, develop, and renovate new commercial properties, which will then directly or indirectly generate income for the business.

We will advise you on the best type of loan to pursue for your commercial real estate goals, such as an immediate-term or long-term loan, a fixed or variable interest rate, or an amortized or balloon loan. We can discuss the risks associated with different loan terms, including the payment schedule’s impact on your cash flow.

Refinancing Business Mortgages

If your business currently owns one or more commercial properties, you may be interested in refinancing. This can be necessary if the business is having trouble meeting its obligations. If you are unable to pay all of your debts, including on a commercial mortgage, then contact a commercial real estate lawyer at Western Legal Barristers & Solicitors right away. We will review your business’s finances and discuss whether refinancing one or more business mortgage loans is possible and would be advantageous.

However, refinancing commercial real estate loans is not only a good idea when your business is in distress. It may be that circumstances have changed and you want to take advantage of your business’s improved credit rating or lower interest rates. By refinancing one or more commercial mortgages, you may be able to save your business money in the long run or free up some cash, which could be injected back into the business.

Why You Need a Commercial Financing & Refinancing Lawyer

At Western Legal Barristers & Solicitors, we know that business people are intelligent, independent, and hardworking. You may not be used to calling a lawyer for help. In your mind, a lawyer may be for when something is wrong and needs to be fixed. However, we are here for much more.

Whether you are interested in starting a business or have one established, whether you wish to purchase your first commercial property or 10th, we will help you explore your financing options. If you are a successful business interested in expanding, then your best options may be different than if you are a small start- up with limited means. We are also here to explore your refinancing options and how it may help your business grow.

Once you are aware of your options, we can discuss the advantages and disadvantages of each. We will explain all of the potential risks. Our goal is to ensure you have all of the information you need to make the right decision for your business. When you are ready to move forward with a financing or refinancing method, we are here to ensure regulatory compliance throughout the process.

Contact a Commercial Real Estate Lawyer Today

When buying or selling commercial real estate, you should have an experienced and skilled lawyer to help you through the process. Commercial real estate transactions in Alberta are often far more complex than residential real estate sales and purchases.

We proudly serve entrepreneurs throughout Yellowhead County, including Edson, Hinton, Whitecourt, Mayerthorpe, and other local cities. We are happy to meet at a time and place most convenient to you and your business partners.

Contact our commercial real estate lawyers through our online form or call or text (780) 723-3245 today to request a consultation.