Simple Solutions: What to Do If You’re Ready to Expand Your Business

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June 8, 2022

Commercial real estate is the next frontier as businesses return to the office. But is it the right time for you?

Commercial real estate loans can help small businesses buy more property or repair the property they already own.

Now is the time to buy office space

Don’t get me wrong, I love working from home. But if you’re looking to expand your business or buy a new space, now is the time to do it. (Especially since interest rates are rising on loans and mortgages.)

But you’re going to need money. Honestly, if you’re looking at any kind of commercial real estate—from office buildings to warehouses to remodeling—you’ll need a commercial real estate loan. And we’ve got you covered with nine lenders and answers to all the questions you’ve been wanting to ask. All you’ve gotta do is break ground.

You have questions, we have options. Ready to get that real estate?

Weekly must reads

So you’re interested in commercial real estate? No worries—we’ll walk you through the process so you can secure a loan in no time. Plus, learn the different kinds of commercial real estate loans and the best lenders to work with. With our handy checklist, you’ll be ready to buy property in time.

Math is hard. That’s why we made a calculator to help figure out how much that commercial loan will really cost you. Plus, it’s super easy! Just answer a few simple questions and we'll tell you how long it'll take to pay off a commercial loan and how much your monthly payments will be. We’ll even throw in a few of our favorite loan providers. Easy as 1-2-3.

It’s true! So we put together a list of our favorite places to get capital without taking out a business loan. Our top four choices offer funding up to $100,000 with a low credit score requirement. But beware—personal loans and business loans are different, so check out our guide before making any moves.

Coworking is on the rise!

You may think that coworking is a thing of the past, you know, after WeWork crashed and the pandemic forced us to stay 6 feet apart. But more and more coworking spaces are opening around the country. Why? One reason is that landlords need occupants. And another is the rise of the hybrid workplace that’s moving workers away from a centralized office.

All of this may help your business too. We think that using a coworking space when starting a business can save you money. Then, when you’re ready, you can take out a commercial real estate loan and stretch out in your own space.

We’ve previously covered interest rates, cryptocurrency, climate change, and post-COVID-19 economic recovery… Check out all previous editions of Simple Solutions on our website!

Thank you for reading. We’ll see you next week.

     - Alex and the team

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Alex Kerai
Written by
Alex Kerai
Alex covers ecommerce and inventory management for  Alex has spent the last five years as a writer and a multimedia creator working with businesses, non-profits, and educational institutions. He has been focused on helping businesses find ways to survive and thrive while facing challenges and is passionate about helping small businesses succeed (especially in a post-pandemic world). Utilizing his experience working a variety of jobs across the country, Alex writes for businesses today.
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