finance options
Acorn Finance is a reputable online platform that connects borrowers with a network of national lenders, offering financing solutions for various projects, including building kits.
✅ Key Features of Acorn Finance
- Loan Amounts: Up to $100,000
- Interest Rates: Starting at 6.99% APR
- Loan Terms: Flexible terms up to 20 years
- Credit Impact: Pre-qua
Acorn Finance is a reputable online platform that connects borrowers with a network of national lenders, offering financing solutions for various projects, including building kits.
✅ Key Features of Acorn Finance
- Loan Amounts: Up to $100,000
- Interest Rates: Starting at 6.99% APR
- Loan Terms: Flexible terms up to 20 years
- Credit Impact: Pre-qualification involves a soft credit pull, so checking offers won't affect your credit score.
- Funding Speed: Approved loans can be funded quickly, often within 1–2 days.
💡 How to Get Started
- Visit the Acorn Finance Website: Go to Acorn Finance
- Submit an Application: Complete a short online application to check for pre-qualified offers.
- Compare Offers: Review the loan options presented and select the one that best fits your requirements.
- Finalize the Loan: Work directly with the chosen lender to complete the loan process and receive funding.
1. Commercial Construction Loans
Exchange Bank offers construction loans tailored for business projects, including building kits. These loans can be used for new construction or significant renovations. The terms and conditions are designed to be flexible to meet the specific needs of your project.
2. SBA Loans
They provide both SBA 7(a
1. Commercial Construction Loans
Exchange Bank offers construction loans tailored for business projects, including building kits. These loans can be used for new construction or significant renovations. The terms and conditions are designed to be flexible to meet the specific needs of your project.
2. SBA Loans
They provide both SBA 7(a) and SBA 504 loans, which are ideal for small businesses looking to finance real estate or equipment. The SBA 7(a) loan can be used for various purposes, including purchasing land or buildings, while the SBA 504 loan is specifically for acquiring fixed assets like real estate or large equipment.
3. Commercial Real Estate Loans
Exchange Bank offers loans for purchasing or refinancing commercial real estate, whether owner-occupied or investment properties. These loans can be structured with fixed or variable rates to suit your financial strategy.
📍 Contact Information
Branch Location:
1204 Allen Drive, Grand Island, NE 68803
Phone: (877) 382-3002 or (308) 382-2900
✅ Why Choose Exchange Bank?
- Local Decision-Making: Loan decisions are made locally, ensuring quicker responses and a more personalized approach.
- Competitive Rates: They offer competitive rates and flexible terms tailored to your business needs.
- Experienced Lenders: Their team has extensive experience in commercial lending, particularly in the Grand Island area.
Agri-Financial provides several financing avenues suitable for purchasing and constructing building kits:
- Loans and Leases: Agri-Financial offers both loans and leases, providing flexibility in how you choose to finance your building kit.
- Lines of Credit: For ongoing construction projects, a line of credit can offer the flexibility to
Agri-Financial provides several financing avenues suitable for purchasing and constructing building kits:
- Loans and Leases: Agri-Financial offers both loans and leases, providing flexibility in how you choose to finance your building kit.
- Lines of Credit: For ongoing construction projects, a line of credit can offer the flexibility to draw funds as needed.
- FSA Programs: Utilizing Farm Service Agency programs can provide additional support and potentially more favorable terms for your financing needs.
- Transition Financing: Designed to assist with the financial aspects of transitioning operations, which can include infrastructure changes like building new facilities.
📋 Application Process
Agri-Financial emphasizes a relationship-based approach, ensuring personalized service throughout the financing process.
The typical steps include:
- Initial Consultation: Engage with AgriFinancial to discuss your specific needs and determine the most suitable financing option.
- Documentation: Prepare necessary documents, which may include financial statements, project plans, and any relevant agreements.
- Underwriting and Approval: Agri-Financial's team will review your application, assess creditworthiness, and determine loan terms.
- Closing: Upon approval, finalize the loan agreement and disburse funds to commence your building project.
For detailed guidance, Agri-Financial provides an Application Checklist to help you prepare the necessary documentation.
📍 Contact Information
- Website: cgb-agfi.com
- Customer Service: 866-901-3276https://www.cgb.com+1
- Email: FinanceInfo@cgb.com
AgriFinancial's team is committed to providing personalized service, ensuring that you have the support needed to successfully finance your building kit project.
Choose How You Build
🔨 Build It Yourself
- Pros:
- Lowest upfront cost
- Complete control
- Satisfaction of saying “I built this.”
- Cons:
- Requires time, tools, equipment and construction know-how
- Mistakes can cost more in the long run.
- Slower Process
- May require timely research
👷 Work With a Referred Contractor
- Pros:
- Lets you hand off the heavy lifting, while keeping some flexibility on schedule and style
- Faster Construction
- We can connect you with trusted local builders
- Cons:
- Trade Quality varies by Crew
- Time Investment to vet experience with post-frame construction
- Cheap Labor Can = Poor Quality
🐂 Build With Spur’s Team
- Pros:
- Seasoned Crew
- Precision & Quality
- Speed
- No Coordinating Crews or Equipment
- Spur’s Warranties and Reputation
- Cons:
- Higher Labor Investment than DIY
- Possible Waiting List