What Is a Business-Purpose Loan in California?

A business-purpose loan is financing used primarily for investment, commercial or other business purposes rather than personal, family or household use. In real estate, these loans are commonly used by investors to acquire, refinance, renovate or develop investment properties.

Xcel Funding LLC is a California Finance Lender specializing in business-purpose real estate financing for investors, developers and property owners throughout California.

Common Uses for Business-Purpose Real Estate Loans

→ Purchasing rental or investment properties
→ Fix-and-flip acquisitions and renovations
→ Bridge financing for time-sensitive real estate transactions
→ DSCR and rental-property financing
→ Ground-up construction and major renovation projects
→ Refinancing investment or commercial real estate
→ Other real estate-secured business purposes

Who Uses Business-Purpose Loans?

Business-purpose real estate loans are commonly used by real estate investors, developers, landlords and business entities financing non-owner-occupied or commercial real estate.

What Xcel Funding Does Not Finance

Xcel Funding LLC does not provide consumer or owner-occupied residential mortgage financing. Our lending is focused on business-purpose real estate transactions in California.

Business-Purpose Financing Through Xcel Funding

Whether you're acquiring a rental property, renovating a fix-and-flip, bridging between transactions or financing another real estate investment, Xcel Funding can help evaluate potential business-purpose financing options based on the property, project and investment strategy.

Xcel Funding LLC | California Finance Lender Lic. #60DBO-202689