Private HELOC ( Home Equity Line of Credit) on commercial properties.
June 21, 2025 | Posted by: Alex Vinarski
Private HELOC on Commercial Property: Flexible Financing for Business Owners
Need quick access to capital for your commercial property without the hassle of traditional lenders? A Private Home Equity Line of Credit (HELOC) offers a fast, flexible financing solution—even if you don’t qualify with banks.
What is a Private Commercial HELOC?
A Private HELOC allows you to borrow against the equity in your commercial property (office buildings, retail spaces, warehouses, etc.) with:
✅ No income verification – Approval based on property value, not personal income.
✅ Revolving credit – Borrow, repay, and reuse funds as needed.
✅ Fast funding – As little as 5-7 days (vs. weeks/months with banks).
Who Needs a Private Commercial HELOC?
✔ Business owners needing working capital, renovations, or expansion.
✔ Real estate investors bridging gaps between projects.
✔ Self-employed professionals who can’t provide traditional income proof.
✔ Urgent financing needs (tax payments, equipment purchases, etc.).
How Does It Work?
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Appraisal – Lender assesses your property’s value.
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Equity Calculation – Borrow up to 65-80% of your property’s equity.
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Flexible Access – Draw funds anytime (like a credit card).
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Interest-Only Payments – Optional in some cases.
Example:
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Property Value: $1,500,000
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Existing Mortgage: $800,000
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Available HELOC: Up to $400,000 (65% LTV)
Private HELOC vs. Bank HELOC
| Feature | Private HELOC | Bank HELOC |
|---|---|---|
| Approval Time | 5-7 days | 4-8 weeks |
| Income Check | No | Yes |
| Credit Score | Flexible (500+ OK) | 650+ required |
| Interest Rate | Higher (8-12%) | Lower (5-8%) |
| Best For | Urgent needs, bad credit | Long-term, low-cost borrowing |
When Does a Private HELOC Make Sense?
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Banks declined you due to credit/income issues.
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Need funds fast for a time-sensitive opportunity.
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Self-employed with strong equity but weak documentation.
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Avoiding long-term commitments (use as needed).
Key Considerations
⚠ Higher rates – Expect 8-12% interest (vs. bank rates).
⚠ Short-term solution – Best for 1-3 years before refinancing.
⚠ Lender reliability – Work with reputable private lenders (I vet them for you).
Need a Commercial HELOC Fast?
If you own a commercial property in BC and need quick financing, I specialize in arranging private HELOCs with:
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Contact me today to unlock your property’s equity!
