Wauchula State Bank Financial Blog

Real Estate, Commercial Real Estate, Loan Types

05/23/23

Real Estate is Booming on I-4 Corridor. Here's Why.

The I-4 corridor in central Florida has become increasingly popular in recent years. This area, which stretches from Daytona Beach to Tampa, is home to a diverse range of businesses and industries, making it an attractive location for investors and entrepreneurs.

Loan, Loan Types

06/30/22

5 Things to Know About Balloon Payments for Commercial Loans

A balloon payment is a lump sum payment that is significantly larger than the monthly payments and paid at the end of a loan’s term. Unlike loans that have a series of fixed payments to pay off the balance of the loan, a loan that includes a balloon payment is made up of lower fixed payments and a final larger payment.

Commercial Real Estate, Loan Types

03/11/22

How to Afford the Down Payment for a Commercial Loan

A commercial loan is a type of loan that is available for businesses to fund growth, equipment, property, and more. Depending on the type of loan, how much money you need, and your credit history, the down payment for commercial loans varies.

Commercial Real Estate, Loan Types

09/29/21

What Are the Different Types of Commercial Real Estate Loans?

Whether you’re a business or a broker working in conjunction with a business, finding the right commercial real estate loan is almost always required if the business plans to expand or renovate. Commercial real estate loans function similarly to real estate loans, in that the loan requires a down payment and is typically paid off over a period of time, and interest rates can vary depending on the type of loan.

Business, Loan Types

11/26/19

Is a Loan or Line of Credit Best for My Business?

Selecting the proper loan product for your business depends on what you need the money for and how you intend to pay it back. Here are some quick facts about each product.