Details - Information last confirmed on April 1, 2021
Down payment assistance is available for business owners acquiring property for the use of their company. Our program allows these groups to purchase real estate with no down payment or one that is less than what the banks require.
Our firm was started to help small business owners acquire real estate for the operation of their business. As entrepreneurs and business owners themselves, our founders understand how difficult it can be to set aside the capital required to purchase property. A company requires the reinvestment of capital to maintain, grow and compete with its competitors. Often not leaving much left over for a real estate savings fund. With most financial institutions requiring a 25% down payment, business owners have a difficult time overcoming this hurdle when purchasing commercial real estate.
How it Works
1. Apply - Send us details on your business and commercial real estate needs.
2. Due diligence - Our team will review your information and follow up with any questions we may have regarding your company and property requirements.
3. Initial Offer to Finance - We will extend an initial, preliminary offer to finance with terms surrounding the purchase of a property for your business needs.
4. Property Selection - You, our team and our commercial real estate brokers will find a property ideally suited to you and your business. If you already have an existing space that is available for purchase, we will work with you on acquiring it.
5. Approval of Financing - We will work with our investors and partners to secure financing for your project.
6. Property Purchase by Us- We will purchase the property on your behalf and you will enter into a lease with us.
7. Property Purchase by You - You will start to make regular monthly payments as per a pre-arranged agreement that will allow you to gain ownership in the property. Once you have enough equity in the property, you will buy us out completely and you will own 100% of the asset.
We are Canadian based but will look at properties in the United States as well.
Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.