SBA 504 Underwriting 101

What do commercial mortgage lenders look for?

At MCC, we understand that securing commercial real estate financing for your project can seem like a daunting process. We are ready to help walk you through the procedures and give the consultative advice that is necessary for you to become comfortable with the many nuances of commercial lending. MCC is committed to making the commercial lending process as comfortable and seamless as possible. We hope this overview of the underwriting process may serve as a first step in knowing what to expect with commercial lending.

Lenders examine five traditional core attributes of borrowers when making financing decisions. These are referred to as the 5 "C's":

• Collateral
• Cash Flow (capacity to repay)
• Credit Analysis
• Character
• Capital

Lenders place different levels of importance and analysis on each area of analysis to determine their interest in financing your project. Some lenders may allow strengths in one area to completely or partially offset deficiencies in other areas.