Commercial real estate

Financing backed by the building.

Emberline Capital places commercial real estate requests with lenders active in each property type, from SBA 504 on the building your business occupies to conventional, bridge and construction loans on investment property. The application covers the property and its owners.

  • Multifamily, retail, mixed-use, office, industrial and 2–4 family property
  • Purchases, refinances, cash-out, construction and bridge loans
  • Owners and investors with a property identified
Step 1 of 5 · about 4 minutes

Start with the property

What is the transaction?

SBA 504 requires a down payment of at least 10%.

Where we reach you
  1. The property
  2. The asset
  3. The sponsor
  4. Documents
  5. Review

The asset

These are the numbers the loan is sized on.

How is the property occupied?

Investment property is financed conventionally, secured by the asset.

Use the address of the property being financed, which may differ from the entity's registered office.

Net operating income after operating expenses, before debt service. The loan is sized off this number.

The borrowing entity

Most sponsors hold each property in its own entity. If it will be formed for this transaction, leave these blank.

Enter 0 if the entity will be formed for this transaction.

Loan amount requested Price or value, less your equity —

The sponsor

The guarantor is underwritten alongside the asset. This is your half. We already have your name and how to reach you.

Your capacity

Cash and marketable securities, before the down payment.

SBA 504 eligibility

These two questions decide whether the SBA 504 program is open on an owner-occupied building.

U.S. citizen or lawful permanent resident?
Will your business occupy at least 51% of the building?

SBA 504 requires the owner to occupy 51% of an existing building.

Ownership
Will anyone else own 20% or more of the entity?

Anyone at 20% or more personally guarantees the loan.

The property’s operating history

The asset is underwritten on what it earns. The trailing twelve and the rent roll are the two documents every file starts with.

Attach what you have. Nothing here holds up the review. The rest can go up later in your secure application.

Supporting documents

A personal financial statement, the schedule of real estate owned, leases, an appraisal, environmental reports, plans and specs for construction, and anything else already in hand. No limit on how many.

    PDF, JPG, PNG, Excel or Word, up to 100 MB per file. Title, survey and the environmental report come later in the secure application.

    Review and submit

    Check the numbers on the asset. You can go back and change anything.

    Your application is in.

    Your commercial real estate application is with Emberline Capital's lending partners. Your secure portal is next: the rest of the application continues there, and lender responses arrive there as they come in.

    Lenders that work in your property type.

    The property and its numbers go to lenders active in commercial real estate: bank and agency lenders on investment property, and SBA 504 lenders where the owner occupies the building.

    Every property type

    Multifamily, retail, mixed-use, shopping centers, office, industrial, warehouses, co-ops, condominiums and 2–4 family investment property.

    A complete file from the start

    The application goes out with what lenders ask for first, so the early questions are about terms.

    One package for every lender

    Each lender sees the same rent roll and operating statements, so the term sheets line up for comparison.

    From application to funding.

    The portal shows where the file stands at every stage.

    1. 1

      Apply

      The property, its numbers and the owners, in one application with no fee.

    2. 2

      Size the loan

      The request is measured against net operating income, occupancy and the local market.

    3. 3

      Documents

      The trailing twelve months, the rent roll and the entity returns are uploaded once to one file.

    4. 4

      Term sheet

      Rate, term, amortization and leverage come back to your portal.

    5. 5

      Close

      The lender closes the loan, and the file stays in your portal until it funds.

    An Emberline Capital real estate application and the terms it returns

    Commercial real estate in numbers.

    What the programs allow and where most commercial property requests land.

    SBA 504 for owner-occupied buildings

    The 504 debenture goes up to $5 million over 25 years, with at least 10% down.

    Room for larger deals

    A large request can be split among lenders so the full amount gets funded.

    Own the space you work in

    Buying the building you operate from turns rent into equity, which is the purchase SBA 504 was designed for.

    See what the property can support.

    Send the property and its operating numbers. Emberline Capital sizes the request, takes it to lenders active in that property type and returns the terms to your portal.

    Apply now Back to home
    • Up to $5MSBA 504 debenture
    • 25 years504 repayment term
    • 10% minimumDown payment on 504