Cash-out refinance loans for business purposes are one of the most common loan scenarios we see today.
Cash-out refinance loans intended for business purposes have become increasingly common in today’s loan landscape. While traditional lenders adhere to strict loan parameters, AJE Capital stands out as the premier hard money lender in the market, prioritizing equity over borrower financials. This approach empowers our clients with the necessary liquidity tailored to their unique circumstances. Our underwriting guidelines for cash-out refinance loans place emphasis on equity rather than borrower credit. As a result, we have successfully originated cash-out refinance loans for borrowers with low credit scores, previous bankruptcies, and foreclosures. If a bank has declined your application for a cash-out refinance loan, don’t hesitate to contact us!
We understand the urgency of making informed decisions, which is why we strive to offer same-day prequalification for cash-out refinance loans. To get started, simply complete our Cash-Out Refinance Loan Interest Short Form.
How a cash-out refinance loan works
Cash-out refinance loans involve refinancing an existing mortgage loan for an amount greater than the original mortgage. This difference between the original loan and the cash-out refinance loan translates into cash, derived from the refinanced equity. At AJE Capital, we excel in streamlining this process, ensuring you receive the necessary cash promptly. Moreover, our rates for cash-out refinance loans are notably lower than the average interest rates on credit cards, making AJE Capital a highly favorable choice for your business.
Our Cash-Out Loan Parameters:
Property Types:
We provide financing for a wide range of property types, including industrial, office, retail, apartment complexes (5+ units), shopping centers, restaurants, mixed-use properties, automotive facilities, hotels, special purpose properties, land, gas stations, and specialty properties.
Loan Amounts:
Our loan amounts range from $100,000 to $20,000,000.
Term:
We offer flexible loan terms ranging from 6 months to 20 years. You can choose from interest-only, partially-amortized, and fully-amortized loan options.
Loans Available:
Our loans are available to individuals, trusts, corporations, and limited partnerships.
Common Cash-Out Refinance Loan Scenarios:
Our cash-out refinance loans cater to various situations, including but not limited to:
- Properties owned free and clear
- Funding for the purchase of another property
- Consolidating multiple properties
- Financing tenant improvements
- Funding rehab work on distressed properties
- Accessing business lines of credit
- Financing equipment, inventory, or other business or capital expenses
Whether you own a debt-free restaurant or need quick access to funds for another transaction, our cash-out refinance loan is designed to provide the capital you require for your business purposes.
There is no limit on the number of properties you can leverage.
AJE Capital Cash-Out Refinance Hard Money Loans:
We offer a variety of loan options for cash-out refinance, including both interest-only and term loans that extend up to 20 years. This allows you to choose a payment schedule that aligns with your needs.
We specialize in originating cash-out refinance loans for all types of commercial properties. If you face challenges qualifying for traditional commercial mortgage loans, AJE Capital is the preferred lender for small business owners like you.
With no restrictions on the number of properties, you can leverage individual buildings or your entire commercial portfolio.
Our tailored cash-out refinance loan programs ensure you receive the loan that best suits your business requirements.