Build Capital with a Stated Income Loan
Taking out a loan is a standard business move that can provide many benefits, from consolidating debt to giving you access to capital that can help grow your business. But traditional loan applications can be cumbersome, leaving you without the money you need for weeks. And that’s assuming you aren’t denied for having a low credit score or insufficient income.
AJE Lending offers stated income commercial real estate loans as a streamlined alternative to the traditional loan application process. In order to understand how your business could benefit from a stated income loan, you must first know how the process differs from normal loan applications.
When applying for a traditional loan, a loan officer will analyze your income, debt to income ratio and credit history to determine the kind of loan you qualify for. Our stated income loans, however, only look at the value of your property. Almost any business can qualify for a stated income loan, as long as the real estate in question has enough value to cover the loan amount, property taxes and insurance.