Product Overview
Commercial Real Estate Financing
Every commercial property presents its own unique opportunities and challenges. Every borrower has their own particular objectives. With our in-depth real estate financing experience and hands-on practical approach, Esquire addresses all three to get your deal done—effectively and efficiently.
Acquisition Loans
Investing in commercial real estate? Esquire Bank is here to deliver a competitive financing package that will assist you in making the acquisition quickly and profitably—with a personal, professional approach during every step.
Features
Favorable loan-to-purchase-price (LTPP) ratios of up to 75%
Debt-service-coverage ratios (DSCR) as low as 1.20x for properties with strong cash flow
Highly competitive rates and fees with flexible terms and conditions
Multifamily, mixed-use, and industrial properties preferred; other uses considered more selectively
New York metro, Long Island, Westchester, and New Jersey markets preferred; other areas considered more selectively
Refinance Loans
Refinancing an existing commercial real estate loan? Esquire Bank offers competitive rates, creative structures, and superior service that can improve profitability and streamline the refinancing process.
Features
Favorable loan-to-value (LTV) ratio of up to 75%
Debt-service-coverage ratios (DSCR) as low as 1.20x for better cash flow
Highly competitive rates and fees with flexible terms and conditions
Loan amounts from $2 to $15 million
Multifamily, mixed-use, and industrial properties preferred; other uses considered more selectively
New York metro, Long Island, Westchester, and New Jersey markets preferred; other areas considered more selectively
Transitional Loans
Designed to finance value-added enhancements for properties to reach their market potential (renovations, lease up), transitional lending expertise is a key strength of Esquire Bank.
Features
Favorable loan-to-value (LTV) ratios of up to 70%
Debt-service-coverage ratios (DSCR) as low as 1.25x for properties with strong cash flow
Customized structures and solutions to meet your specific financing needs
Multifamily, mixed-use, and industrial properties preferred; other uses considered more selectively
New York metro, Long Island, Westchester, and New Jersey markets preferred; other areas considered more selectively
Highly competitive rates and fees with flexible terms and conditions
Owner-Occupied Loans
At Esquire Bank, our dedicated commercial real estate team can help your business make the most of your ownership in your property in a timely manner and at competitive terms.
Features
Favorable loan-to-value (LTV) ratios of up to 70%
Debt-service-coverage ratios (DSCR) as low as 1.25x for properties with strong cash flow
Customized structures and solutions to meet your specific financing needs
Multifamily, mixed-use, and industrial properties preferred; other uses considered more selectively
New York metro, Long Island, Westchester, and New Jersey markets preferred; other areas considered more selectively
Highly competitive rates and fees with flexible terms and conditions
Working Capital Line of Credit
This flexible revolving line of credit from Esquire Bank provides access to funds when you need them and can support gaps in your firm’s short-term cash flow needs.
Features
Access funds when needed
Utilize funds to Invest in your firm’s resources
Repayment options available
Highly competitive rates and fees with flexible terms and conditions
