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Commercial real estate and multi-family housing loans
Get StartedWhy TruWest
Business Loans to Help You Grow Your Business
Business Loans
Your business requires the perfect financing solution from a trusted lender who understands you and your business. Whether you’re looking for a commercial real estate loan or multi-family housing lending, we have the right financial solution and expertise to help you with your business needs. Our business loans feature a streamlined process with fixed-rate funding, fast closings and flexible terms.1
- Competitive rates
- Flexible terms
- Local executive management team
- Expedited approval process
FAQs
Frequently Asked Questions
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What types of business and commercial lending does TruWest offer their membership?
Answer:
At this time, TruWest is only providing commercial lending for investor-grade commercial real estate projects (specifically multifamily, office, light-industrial and retail).
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What about other types of business lending (SBA, Equipment, A/R and C&I)?
Answer:
At this time, TruWest has several referral network contacts that we can provide to an existing member to explore other business lending programs available in the marketplace.
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If I have a commercial real estate project for which I would like TruWest to provide financing, what do I need to provide?
Answer:
To get started, TruWest needs a copy of the purchase contract (if applicable); the prior year-end Profit & Loss (P&L) statement and a current year-to-date P&L statement; most recent rent-roll for the project; personal financial statement; and prior year federal tax-return filed with the IRS for the ownership entity (and/or include Schedule E if filed on a personal tax return). Additional information will be requested by TruWest, but this information is enough to get us started on a review of your transaction.
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What are the current loan terms for a commercial real estate loan with TruWest?
Answer:
Please call your local commercial loan officer in Arizona, Mark Hunton at (602) 629-1899, or in Texas, Mike Gandy at (512) 252-6007, to get a current interest rate quote, plus terms and conditions for your particular transaction.
Next Steps
As easy as 1, 2, 3
How to Apply for a Business Loan
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1
Contact
Reach out to us and let us know you are interested in a business loan. -
2
Response
A TruWest commercial loan officer will respond via phone or email within 72-hours. -
3
Documentation
Please provide all of the information and documentation requested by the commercial loan officer. -
4
Estimate
TruWest will provide you with a pro forma estimate of a potential commercial real estate loan with TruWest that includes the rate, term, fees, and amortization period. -
5
Deposit
Once a good-faith deposit is received by the borrower, then third party reports will be ordered for appraisal, site inspection, and environmental reports, -
6
Approval
Upon receipt of the third party reports and remaining documentation requested by Business Member Support Team, the loan will be submitted to the Member Business Lending Committee for approval. -
7
Closing
If approved, then closing documents will be ordered and your commercial loan officer will set up your closing appointment.
1On approved credit. Must be a TruWest member with a minimum deposit of $5 to qualify