Retail Property
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Smart-risk lending solutions for retail property owners and developers
Retail properties come in all shapes and sizes, and so do BizMoney’s lending programs for this important asset class.
We understand and appreciate the differences in retail property assets because we work closely with developers and asset managers across the country to achieve their goals through empowering advice and strategic capital deployment.
Retail assets we finance:
Throughout our history of lending across Canada, we have amassed significant experience by participating across these retail asset types:
- Neighbourhood plazas and strip malls of 30,000+ sq. ft.
- Retail centers of 30,000 to 150,000 sq. ft. often anchored by a supermarket to provide service for daily living
- Community centers of 150,000 to 400,000 sq. ft. usually anchored by a junior or discount department store
- Regional malls and power centers of 400,000+ sq. ft. anchored by several department stores or big-box retailers
Solid footing for flexible financing
With a deep network of solid retail finance relationships, we provide you with access to the optimal capital source to fund your vision. From acquisition loans to construction financing, we provide solutions for retail properties.
Retail Service through the loan lifecycle
Standard Financing
BizMoney’s standard financing programs are favored by borrowers when acquiring a new property or refinancing an existing building. Loan terms typically range from three to five years, have a fixed interest rate, and are closed to prepayment for the term’s duration.
Bridge Financing
BizMoney’s bridge loan terms usually range from three months to three years, include floating interest rates and allow some form of early prepayment. Borrowers choose this solution until standard financing is secured or while they contemplate a property sale, a change in ownership structure or enhance their tenant roster.
Asset Repositioning
BizMoney enables owners to access a property’s equity for a short term, typically two years or less, to fund capital improvements or repairs without the need to raise capital from personal sources or less flexible, higher-cost alternatives.
Secondary Financing
A BizMoney second mortgage enables borrowers to access property equity and use it to purchase another asset or renovate/repair their existing property.
Construction financing
A BizMoney construction loan, whether CMHC insured or conventional, provides funds to cover the cost of building or rehabilitating a multi-family property with terms typically of three years or less.
Our Motto
Fast and Streamlined Retail Financing
We understand that our clients need to work fast and efficiently in order to stay ahead of the game. That’s why we’ve designed our Retail Financing process to be as fast and streamlined as possible. Here’s what you can expect when you apply for bridge financing with BizMoney:
1. Fill out our online application form
2. Provide any necessary documentation
3. Receive a customized funding solutions
At BizMoney, our goal is to make Retail Financing as accessible and hassle-free as possible, so that you can focus on what matters most – growing your business.
Shop smarter in retail with the help of our advisors
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