Where to Get Commercial Mortgage Rates
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First Bank: Where to Get Commercial Mortgage Rates
The Houston Chronicle examined the value of having just the right physical location for a business; various factors like foot traffic and visibility come into play when choosing a location. First Bank takes a closer look at this issue and provides some key insights into choosing the perfect location for your next business. When choosing a business location, consider the following factors:
- Location. Location, location, location–this old adage isn’t just lip service. Choosing a location that’s safe, convenient to target customers and (yes) convenient to you and your staff’s commute is essential to a smooth operation.
- Building. When choosing the face of your business, customers often will and do judge a book by its cover. Think about your branding, size, needed repairs, parking and growth projection when deciding upon the best place to set up shop.
- Terms. Always read the small print before signing that dotted line! Consider factors like leasing or buying terms and cost, always compare with like-buildings in the area.
With over 100 locations spanning North Carolina and South Carolina, First Bank is proud to help businesses find a home with competitive commercial mortgage rates.* Have more questions? We’re here to help! Contact a small business specialist with First Bank and let us know how we can help you realize your goals and secure a great commercial mortgage rate.
Loans subject to credit approval.
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Sources:
Houston Chronicle: http://smallbusiness.chron.com/location-add-value-small-business-77422.html
Investopedia: http://www.investopedia.com/terms/c/commercial-real-estate-loan.asp
