Commercial Mortgage Broker / Commercial Mortgage Specialist 
    (including commercial real estate mortgage broker / mortgage specialist & business mortgage broker / mortgage specialist)
    Serving Greater Toronto Area(including Ajax, Aurora, Brampton, Markham, Mississauga, Newmarket, Oshawa, Pickering, Richmond Hill, Scarborough, Stouffville, Toronto, Vaughan, Whitby and Woodbridge)

    Verico RBG Mortgage Professionals
    589 Eglinton Ave. East, 2nd Floor Toronto, ON M4P 1P8
    Serving Greater Toronto area (including Ajax, Aurora, Brampton, Markham, Mississauga, Newmarket, Oshawa, Pickering, Richmond Hill, Scarborough, Stouffville, Toronto, Vaughan, Whitby and Woodbridge)

    Roslyn Goldmintz, BA AMP Accredited Mortgage Professional 416 967 0755 Fax: 416 929 0961
    Eleonora Van Orman 416 944 9777 Fax: 416 944 9779

    Graham Tobe
    Owemanco 2950 Keele Street, Suite 201 Toronto M3M 2H2 416 256 1555

    WildWood Capital Inc.
    5218 Yonge Street, Toronto, Ontario  M2N 5P6
    Ehud (Ed) Estreicher 416 223 8111 Fax: 416 223 4645

    TD Canada Trust Woodside Square 1571 Sandhurst Circle Toronto M1V 1V2
    416 298 2320 Ext 232 Fax 416 298 4957
    Muhunthan Mahalingham (Moon Mahalingham) Commercial Mortgage Specialist
    Mortgage interest Rate - prime+1%*, minimum down payment 10%* <$275,000, 15%*>$275,000 oac
    serving Greater Toronto area (including Ajax, Aurora, Brampton, Markham, Mississauga, Newmarket, Oshawa, Pickering, Richmond Hill, Scarborough, Stouffville, Toronto, Vaughan, Whitby and Woodbridge)

    Citizens Bank of Canada 184 Front St East Suite 700 Toronto M5A 4N3
    416 868 8310 Ext 2222  Fax 416 868 8480
    Vikalp Gujarati - Commercial Mortgage Specialistserving Greater Toronto area (including Ajax, Aurora, Brampton, Markham, Mississauga, Newmarket, Oshawa, Pickering, Richmond Hill, Scarborough, Stouffville, Toronto, Vaughan, Whitby and Woodbridge)

    First Swiss Mortgage 5650 Yonge Street Suite 1500 Toronto M2M 4G3
    416 602 7514 Fax 416 619 0668
    Bogdan Swierzbinski  - Commercial Mortgage Specialist
    serving Greater Toronto area (including Ajax, Aurora, Brampton, Markham, Mississauga, Newmarket, Oshawa, Pickering, Richmond Hill, Scarborough, Stouffville, Toronto, Vaughan, Whitby and Woodbridge)

    TD Canada Trust - Small Business Mortgage
    Owning the premises provides the business with flexibility and creates opportunities to maximize the revenue potential. TD Canada Trust Business Mortgage can be used to finance new property, expand existing premises or consolidate the business debts and amortize the mortgage for up to 20 years.
    Generate valuable rental income using the flexibility to use up to 50% of the above-ground area of a mortgaged property for rental purposes, and the choice of different financing options to meet the business needs and cash flow situation. Choose a variable interest rate to take advantage of today's low rates and pay off the principal balance whenever without a pre-payment penalty. Choose a fixed interest rate for predictable payments with optional pre-payments (up to 10% of the original loan amount every year) to pay down mortgage faster
    Canada Small Business Financing CSBF Loan
    With a CSBF loan TD Canada Trust and the Federal Government work together in the financing. Loan amounts available up to $250,000. Financing is available for up to 90% of the "Eligible Costs" of assets financed with choice of terms and up to 10 years of amortization. Competitive fixed and floating interest rates are available. Personal guarantee for up to 25% of the original loan amount, plus interest costs is required. Loan may only be used for certain purposes. Federal Government Fee- a 2% CSBF Loan registration fee is required when the loan is registered. This fee can be included as part of the loan & a 1.25% CSBF Loan annual administration fee-calculated and included as part of the loan interest.
    The government's requirements for a CSBF loan include:
    (a)The business operates or is about to operate in Canada, (b)The business annual gross revenue is less than $5 million (c)The business is for profit and is not a farm, charity or religious enterprise (d)The assets purchased or improved must be used in the business.
    Royal Bank of Canada RBC Commercial Mortgages
    RBC commercial mortgage is designed for businesses and investors who wish to purchase or refinance income producing, commercial properties. RBC Commercial mortgage provides funding over $1,000,000 for long-term financing of income producing properties. To qualify, the real estate must be a multi-purpose, industrial, office, commercial, retail, or a multi-residential (5+ units) property. The property must be located in an active resale and rental market where current market rents exist for comparable properties, and where the property is readily marketable. Mortgages require a current appraisal (AACI-qualified, bank approved appraiser; CMHC guidelines apply for CMHC insured mortgages), a passing environmental site assessment report and may need a report on the building condition. Variable and fixed rate options are available. Variable rate option (prime-based) can be converted to fixed rate option. Mortgages are available for a maximum of 5 years (10 years for CMHC-insured properties). Multi-residential buildings may be amortized over 25 years (CMHC-insured may be up to 35 years). Other types of property may be amortized over 20 years. Call 1 800 769-2520 and talk to RBC Royal Bank of Canada commercial mortgage broker for more information.
    CIBC Commercial Mortgage
    Now it's easier to apply for a mortgage for commercial needs between $250,000 and $1 million. The CIBC Commercial Choice Mortgage can reduce the costs incurred in borrowing for a commercial mortgage, while simplifying the application process - saving time and money. Choices include a 5-, 7- or 10-year term on a fixed-rate closed mortgage. Variable rate mortgages have the option of a 3-, 5-, 7- or 10-year term.  Interest rates are competitive on Fixed- and variable-rate mortgages. This mortgage is available for multi-unit residential (5 or more rental units), retail plazas, strip malls and shopping centres , office buildings and medical centres and industrial buildings. This mortgage cannot be used for highly specialized real estate including hotels and motels, social clubs and banquet halls, schools and places of worship, recreational real estate, car washes and restaurants, & properties that require stabilization (currently vacant or being retrofitted). This mortgage is only available as a first mortgage. The amount of financing available is based on the property's Lending Value and the Net Income available to service the debt. For any further information call 1-800-216-4762 and talk to a CIBC commercial mortgage broker.
    Citizens Bank of Canada – Commercial Mortgage
    Citizens Bank of Canada commercial mortgage team specializes in finding creative and resourceful solutions to their clients’ particular financing needs.  Citizens Bank of Canada offer full-service term and construction lending for office, industrial and retail properties, land acquisitions, subdivisions for ICI property developments and multi-residential properties such as condominiums and townhomes
    Special loan features include construction loans, pre-construction advances, tiered funding based on a percentage of pre-sales, tiered pricing based on a percentage of pre-sales, choice of fixed and variable rates for terms ranging from 1 to 10 years with the option to convert the prime-based variable rate to a fixed-rate option and ability to use insured purchaser deposits in the project
    Term loans: Escrow funding, Forward rate fixing, Pre-approved take-out financing on ICI construction loans
    A Citizens Bank commercial mortgage may be the right choice if the project is a multi-residential, retail, office or industrial property; is located in the Greater Toronto Area; has a current AACI-qualified, bank-approved appraisal and a recent environmental site assessment report; a maximum loan-to-value ratio of 75% for residential properties (potentially less for ICI properties);requires a term mortgage for between 1 to 10 years with a maximum 25-year amortization
    Citizens Bank of Canada is a wholly-owned subsidiary of Vancity, Canada’s largest credit union with nearly $12 billion in combined assets. The only bank in Canada with an Ethical Policy that publicly states our position on key social and environmental issues, we are also leaders in corporate social responsibility.

    First Swiss Mortgage Corp is a full service commercial mortgage broker in Toronto, who offer professional services and tailored financial solution at the best rate. First Swiss Mortgage Corp is a great alternative lending - financing source for many small businesses and individual entrepreneurs who often don't qualify under the rigorous requirements of traditional commercial lenders. Unlike most bank loans, First Swiss Mortgage Corp commercial equity loan is a stated income/stated asset program. That means full document paperwork is not required - and you can enjoy greater flexibility and faster turnaround times.
    Small Commercial Loans
    No T1s, T4s or NOAs required; No income verification; Unrestricted equity take-out; Equity Loan amounts $100,000 to $1.2 million; Secured on commercial properties like multifamily, mixed use, warehouse, office, retail, industrial, automotive, rooming houses and more; Several affordable payment options; 20, 25, or 30 year terms; Fully amortized loans; Prepayment options available; Commercial mortgages to individuals and corporations.
    Complete and submit a Commercial Loan Application, Credit Report, and a Loan Request Form. Once First Swiss Mortgage Corp receives these forms, will pre-approve your application in as few as 48 hours! Get appraised, the appraisal will help to determine the property value. In fact, First Swiss Mortgage Corp generally closes loans faster than most banks and traditional commercial lenders.
    Full Documentation Commercial Loans
    Full Documentation Commercial Loan Program is available for all eligible property types. For buyers able to complete full documentation, First Swiss Mortgage Corp offers a competitive financing at a lower rate. To qualify, the real estate must be a multi-purpose, industrial,office, commercial, retail, or a multi-residential (5+ units) property. The commercial property must be located in an active resale and rental market where current market leases exist for comparable properties, and where the property is readily marketable.  A First Swiss Mortgage Corp commercial mortgage broker can be reached at 1-877-438-6870

    Commercial Mortgages:
    Commercial mortgages are typically taken on by businesses instead of individual borrowers. The borrower may be a partnership, incorporated business, or limited company, so assessment of the creditworthiness of the business can be more complicated than is the case with residential mortgages. Frequently, the mortgage is supplemented by a general obligation of the borrower or a personal guarantee from the owner(s), which makes the debt payable in full even if foreclosure on the mortgaged collateral does not satisfy the outstanding balance. Common applications of commercial mortgage loans include acquiring land or commercial properties, expanding existing facilities or refinancing existing debt. Common commercial properties are zoned for office, retail, & industrial purposes.
    Commercial premises are purchased for many reasons. One may require bigger premises to cope with expansion, or you may be buying property, whereby the property is directly linked to a business e.g. a hotel. Commercial Mortgages are usually made with terms less than 10 years, but may be much longer than this. The Property itself is usually at risk if payments are not made on time.
    Most banks and trust companies offer commercial mortgages, but you must satisfy the lenders' criteria for qualification. The primary criterion is the debt service coverage ratio or the ratio of cash available to the required loan payments. Some lenders may accept applications where there is an adverse credit history, but most require a positive personal credit rating and clear evidence that your business is creditworthy. Most will apply a loan-to-value ratio and will expect you to invest a proportion of your own money into the purchase. The commercial mortgage broker’s decision will also depend on your current business circumstances - a commercial lender will expect your business to be stable and profitable. Commercial mortgae brokers may ask to see your business plan and long-term financial projections, to assure themselves that your business has, and will continue to have, the ability to make repayments on the loan. Some lenders impose restrictions on the uses of commercial premises and certain business concerns may be excluded altogether. The terms of a commercial mortgage will depend largely on the type of business you're running and the type of premises or land you want to buy. Commercial Mortgages are almost always designed to be underwritten based entirely on the attributes of the property being mortgaged, as opposed to the credit attributes of the borrower. To facilitate this, many times lenders require the property to be owned by a single asset entity such as a corporation created specifically to own just the subject property. This allows the lender to foreclose on the property in the event of default even if the borrower went into bankruptcy .
    Commercial mortgage broker usually requires a minimum debt service coverage ratio which typically ranges from 1.1 to 1.4; the ratio is net cash flow (income) over the debt service (mortgage payment). For instance if the owner of a commercial plaza receives $30,000 monthly from tenants, pays $5,000 in monthly expenses, a lender will typically not give a loan that requires monthly payments above $22,727 (($30,000-$5,000)/1.1)), a 1.1 debt service coverage ratio.
    Commercial mortgage brok
    er also look at loan to value (LTV). LTV is a mathematical calculation which expresses the amount of a mortgage as a percentage of the total appraised value. As an example, if a borrower wants $3 million to purchase an office worth $5 million, the LTV ratio is $3million/$5million or 60%. Commercial mortgage LTV's are typically between 55% and 70%. Interest rates for commercial mortgages are usually higher than those for residential mortgages.

    Commercial business accounting services including comprehensive accounting for business startup to business expansion, federal & provincial business incorporation, corporate tax return, business plan, financial statement, payroll PST & GST remittance, financial records management, tax planning, coordinate Canada Revenue Agency Audit
    serving Greater Toronto area (including Ajax, Aurora, Brampton, Markham, Mississauga, Newmarket, Oshawa, Pickering, Richmond Hill, Scarborough, Stouffville, Toronto, Vaughan, Whitby and Woodbridge):

    Selva Vettyvel Professional Accountant - Corporate & Business Tax Return Specialist - 416 568 4301
    7 Eastvale Drive Suite 204 Markham L3S 4N8

    As a business owner never settle for persons who think accounting and tax return filing are nothing more than adding and subtracting. Many small business owners try to save money by relying on inexperienced personnel and performing accounting and tax return filing shortcuts. We believe some bookkeeping functions and tax return filings are best handled by an experienced professional accountant. Make sure your accounting and business tax returns are handled by a professional accountant with years of experience - This is the  cost effective way of doing business.

    A bookkeeper records the numbers. A professional experienced accountant analyzes the numbers to save the business owner’s tax, prepare tax return and guide the business owner towards a successful operation. Also a professional experienced accountant can make intelligent decisions that will enable a business to become more successful.