ButlerBank© - Building America one House at a Time

Phone: 888.285.7251

Fax: 978.442.1762

Commercial Real Estate

5.99
%
APY
Commercial Real Estate Refinancing Special
(Restrictions Apply)

We have the right financing solution for your commercial real estate projects! Our approval structure enables us to react quickly to your financing goals.

Butler Bank has been active in the development and growth of the local marketplace for over 106 years. We have a diversified portfolio and welcome the opportunities to review all types of commercial real estate transactions, lines of credit and term loans. We have no boundaries with regard to the complexity of your financing request, and work hard to tailor a financing package that satisfies your desired loan structure. Our portfolio includes the following commercial property loans:

  • Multi family residential
  • Apartment buildings
  • Office buildings
  • Commercial building construction/expansion
  • Retail strip malls
  • Medical and professional suites
  • Retail buildings
  • Industrial/Warehouse
  • Mixed Use properties

Our creative financing approach enables us to provide many more financing options than other financial banks offer. Our terms and conditions menu follows:

  • Rates: Fixed or floating. Each loan is evaluated on its own financial merits.
  • Loan Size: We are not restricted by the loan amount because of our extensive participations we have with other local banks.
  • Numerous Financing Options
  • Loan to Value: We have different loan to value requirements for each property type, but in most cases the loan to value would not exceed 75%.
  • Debt Service Coverage: We would like to see 1.25x’s coverage.
  • Fees: The fees vary depending on the loan structure, and complexity of the transaction.

Our Approval Process: We make the process as easy and fast as possible to accommodate your schedule.

Call or email Mike Duval at 978-259-1000 ext. 121 to discuss our numerous financing options. We also offer Remote Check Deposit to our business customers!

 

Butler Bank
Lowell MA Andover MA Marlborough MA Kennebunk ME
Phone:  888-285-7251  Fax: 978-442-1762

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