No matter what your business needs are for acquiring additional capital, you have to have a detailed plan on how much you need in capital, what you are going to use it for, what is your plan of repayment, and will the additional capital get your business to the next level.
Today, there are no longer loans with no down payment requirements (100% financing). One of the biggest obstacles facing any borrower with real estate involved with their pursuit of capital in the form of a commercial loan is appraised value. You cannot depend on the tax assessment value to be a sound basis for determining whether the real estate in your loan request will appraise for the value the local tax assessment values the property at.
It is best to get a Market Analysis Report from a registered Commercial Real Estate professional so you will know if the value of the real estate is going to meet the lender’s requirement for the Loan-To-Value on the money you want to borrow.