Not every business is eligible for SBA or USDA financing, but those that are may have several programs to choose from. When an online commercial mortgage loan calculator can’t give you the answers you need, the Madison One CUSO team is always here to provide clarification on your eligibility and loan options.
Government-backed mortgage loans offer various benefits that don’t come with conventional loans or other alternative options. If you qualify for a loan from Madison One CUSO, you’ll enjoy the following benefits:
No Balloon Payments
Commercial mortgage lenders may offer a short-term loan with a balloon payment at the end of the term if a business doesn’t have the funds for a significant down payment. These final payments can be a massive burden for companies with already limited cash flow.
With a loan from Madison One CUSO, you can repay your loan amount over a longer term with a predictable amortization schedule. At the end of your loan term, you won’t have to worry about finding the funds for a sizable outstanding payment.
Fewer Restrictive Covenants
Even if your business is eligible for a commercial real estate loan from another source, a government-guaranteed loan may be a better option. Conventional lenders often include restrictive covenants specifying how you can use your property, whereas government loans offer more freedom to the borrower.
Madison One CUSO’s loan options contain fewer restrictions, allowing you to steadily contribute to your loan without worrying about an unexpected repayment request.
At Madison One CUSO, we understand that choosing a lender is challenging. We strive to make the process easy by providing unrivaled expertise and a straightforward lending experience for every borrower.
Unlike other lenders, government-guaranteed loans aren’t just a product we offer — they’re our specialty. Our team members have extensive experience working with the SBA and USDA to ensure successful loan closures, and we stay up to date on the latest changes to government loan programs. As a result, we have closed more than 200 loans totaling over $700 million in all 50 states.
As a Credit Union Service Organization partially owned by two trusted lenders, we can offer a range of financing options with competitive commercial mortgage loan rates to any business owner, whether they run a small medical practice or a rural manufacturing company. Schedule a consultation with our team today to learn more about our lending capacity and the support we offer as your partner.