Arizona Commercial Hard Money Loans
Commercial capital that moves when the deal does, from people who have underwritten Arizona property through every cycle since 1992.
- Loan to value
- Up to 80%
- Loan size
- $50K–$25M
- Position
- First deed of trust
- Term
- 6–24 months
- Structure
- Interest only
Pricing is set deal by deal, on the property, the leverage and the plan. Call and we will talk about your numbers.
The building makes sense. Maybe it is the shop next to yours, an off-market industrial bay, or a retail pad the bank cannot price because the rent roll is thin.
Commercial lending at a bank is built for stabilized property with seasoned income. The moment your deal has a story to it, vacancy to fill, work to finish, a seller who will not wait for a loan committee, you stop fitting.
That is the deal we want to see. A decision maker reads it, walks it when it matters, and prices it on the value and the plan. We have financed Arizona commercial property this way since 1992, through changing markets and interest rates.
Judgment, not category
Banks lend to categories. We underwrite the specific property in front of us: what it is worth today, what it becomes under your plan, and how the loan retires. That is why our book includes restaurants, shop buildings, medical space, and properties no form was ever written for.
Commercial hard money loans in Arizona
A commercial hard money loan is short-term capital secured by the building itself and underwritten on its value and your plan, not on a bank’s category or a seasoned rent roll. It is how Arizona investors and business owners close on commercial property when the timeline or the story does not fit a bank.
What a commercial hard money loan from Kenwood covers:
- Purchases, including discounted and bank-owned buildings a seller needs closed.
- Cash-out refinances on commercial property you own, to fund the next acquisition or the business.
- Bridge to permanent financing, while you fill vacancy, finish improvements or season income.
- Owner-user purchases, when your business buys the building it operates in.
- Commercial land, up to 65 percent of value, when the path to use is real.
The terms: $50,000 to $25,000,000, up to 80 percent of value, first-position deed of trust, 6 to 24 months, interest only. Pricing is set deal by deal.
A few commercial hard money loans from our book (see more recent deals):
- $420,000 commercial loan in Phoenix
- Multi-million dollar cash-out refinance on an industrial property in Phoenix
- A restaurant in Mesa
- A $500,000 cash-out refinance on commercial property in Tempe
- Tenant improvement funds for a historic building on the square in downtown Prescott
- A $300,000 bank-owned office and warehouse purchase in Prescott
- An artist’s studio in Fountain Hills
- An industrial building and a shopping center bridge loan in Show Low
We make commercial hard money loans across Arizona, including Phoenix, Scottsdale, Mesa, Tempe, Prescott and Tucson.
Start with a phone call
Call (480) 783-8800 and tell us about the property. You will be talking to a decision maker, and within a few minutes you will know whether the deal works and what the path to closing looks like.
Leverage above is a program range. Every deal is priced on its own fundamentals. This is not a commitment to lend.
How large a commercial hard money loan can you make?
Commercial hard money loans run from $50,000 to $25,000,000, up to 80 percent of value, on a first-position deed of trust. The amount on your deal depends on the property's value and your plan.
Can a commercial hard money loan fund a cash-out refinance?
Yes. Cash-out on commercial property you own is a regular part of our book, including a multi-million dollar cash-out on a free-and-clear industrial property in Phoenix. We want to know what the money is for and how the loan is repaid.
Can I use a commercial hard money loan to buy the building my business operates in?
Yes, when the loan is for business purposes. A shop owner buying the building he was renting is exactly the kind of deal we fund.
What kinds of commercial property do you fund?
Office, retail, industrial, and the specialty properties banks struggle to categorize: restaurants, assisted care, horse property, mixed use. If the value is real and the plan is sound, the category matters less than the deal.
My property sits partly vacant. Will you still lend?
Often, yes. A vacancy problem is usually a story with a plan behind it. We underwrite where the property is going, not just its current rent roll, and we size the loan so the numbers work on the way there.
What does the exit need to look like?
Concrete. A sale, a refinance into permanent financing, or income that retires the debt. We will ask how the loan ends before we talk about how it starts.
“They brought the experience and resources to the table that made everything seamless.”
Mickey C., Kenwood borrower
$420,000 Commercial Loan in Phoenix, AZ
“The team at Kenwood Mortgage helped me seize a discount on a time sensitive business opportunity. They brought the expe…
Historic Property in Prescott, AZ
Tenant improvement funds for historic and beautiful Balentine Building “On The Square” in downtown Prescott.