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Nesgroup address: alt.building.construction - Date & Time for the message: Mon, 25 Apr 2005 13:41:23 -0400 /

Author of the message: "P.Fritz"

Title of the message:
Re: What do banks currently charge for commercial projects?

Text of the message:
"Duane Bozarth" <dpbozarth@swko.dot.net> wrote in message
news:426D106A.AD6538BD@swko.dot.net...

> el wrote:
>>
>> I am looking to put up a 5000 square foot commercial building. Does
>> anyone out there know what kind of interest rate banks are currently
>> charging for this kind of project?
>> el
>
> Call your (or several) local banks and ask...
>
> A specific answer will depend greatly on your business plan.  Commercial
> loans aren't judged like home mortgages--they're much more specific.

It all depends on the risk......based on credit worthiness.
.



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