0% Down Commercial Financing

 

Since the influx of commercial business that I'm working on has come in, I've had to streamline my systems to deal with it. 

One of those systems is to network directly with banks.  

How do I do that? 

I cold call them. 

Two Fridays ago, I met with RBC, TD, Scotia and Community Savings on the Island. 

It turns out 2 of the 4 have new programs that allow 0% down on owner-occupied commercial space. 

I now have 4 lenders that can do 0% down. 

Since it's 0% down, loan rates can be higher. 

In general:

1. Strong operating company
2. Your business has to go into the building