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Company mortgage

Воскресенье, 21 Сентября 2008 г. 01:31 + в цитатник

A company mortgage is the mortgage a business pays for the land that the business is on and the building that the business is housed in. This company mortgage adds equity to the business while ensuring that the business can customize the property as according to the business' needs.

This mortgage is much like a personal mortgage, except that the zoning codes and the building itself is dedicated to the business. There can be other benefits to the company mortgage such as parking lots or train/ship access..

While it is common for retail businesses to rent the area that they occupy, it is not common for manufacturing areas to rent. The other areas of industry that own rather than rent induce the housing industry and the estate industry. The housing industry typically owns the homes or land that they rent out to the customer.

The estate industry typically rents out land to the other industries such as doctor's offices and retail businesses. Hospitals and nursing homes tend to be owned as well, as they are a complex fixture and very difficult to move. Retail space or private doctors tend to rent their land and office, making it cheaper in the end without the long-term commitment to remain in one area..

A company mortgage is often purchased through the industrial or corporate branch of a real estate agency. Most real estate agencies have different lands that they can offer to the businesses. Some real estate companies specialize in company mortgages.

Company mortgages are often provided by banks as a jumbo loan. This loan name simply refers to the monetary size of the loan amount. With small businesses can take out company mortgages personally, larger corporations often handle company mortgages through the main office or parent company of the business..

Company : Company mortgage


 

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