Commercial Team

Westcor Mortgage has qualified associates that deal with financing in most business sectors tailor made for the individual project. They work closely with small and medium-sized businesses, to find the appropriate lenders specializing in commercial mortgages, mezzanine financing, business loans and lines of credit.

Business Loans

For most businesses it is important to find a lender that is perceptive to the needs of the business project. This process is not easy as many lenders specialize primarily in specific areas of asset financing, for example; real estate, equipment or lines of credit. At Westcor we offer our expertise to identify the right lender for the specific needs of each venture and its unique requirements. This saves the borrower valuable time and frustrations.

We are able to competitively arrange financing for your real estate, equipment, working capital, and capital expenditure needs.

The application process for commercial financing is complicated. With our know-how, the process becomes faster and efficient. We compile the proper information the lender requires. Experience taught us that a quick response about the availability of financing helps the business project in making strategic decisions in a timely manner.

Borrowers should also be aware of the fees in the commercial financing market; typically there will a lender fee of 1% average and Westcor’s brokerage fee which is competitive and is related to the loan dollar amount and the complexity of the financing.

Real Estate Purchases

Westcor Mortgage has extensive experience in financing building acquisitions for business owners and investors as well as multi family residential units. We work closely with a variety of lenders including Banks, Trust companies, Credit Unions, Mortgage Funds, Insurance Companies and other institutional lenders.

Construction

If you need new space for your growing business and want to construct new premises or expand present premises, Westcor Mortgage would be able to help with flexible financing solutions that can include construction draws or short term financing during construction period with a take out mortgage commitment, to preserve your working capital.

Refinancing

We can assist in looking for new sources of financing for your equipment or building in line with the company’s cash flow and seasonal needs. Westcor Mortgage’s financial solutions may be the perfect fit.

Lines of Credit

If growth has put pressure on your working capital, Westcor Mortgage may be able to help by realigning the debt structure to increase the liquidity by an efficient mix of long term financing and line of credit. Added working capital can be made available to cover increased inventory needs, R&D expenses, e-commerce or exporting efforts, product development & marketing, as well as setting up a distribution network.

Equipment Financing

Westcor can assist in acquiring financing for your equipment requirements to Increase production capabilities, upgrade, modernize, or purchase new equipment. Our lender’s innovative financing may also help cover related expenses such as shipping, installation, and training.