Are you looking for an Illinois lender to meet your commercial real estate needs? If so, Alero is your solution. We offer:
hands-on, personalized service
competitive interest rates
flexible loan terms
local and individualized decisioning and servicing
the support of industry experts ready to answer questions
a simplified borrowing process
the opportunity to work with a not-for-profit credit union lender
Alero's commercial real estate lending team offers all of these things and more. We empower business owners and commercial real estate investors to access the capital needed to meet their goals.
Learn more by clicking on a topic below or get in touch using the form on the bottom of this page.
We know every real estate investor brings a different set of questions, challenges, and opportunities. Drawing from decades of collective expertise, we can guide you through the commercial real estate borrowing process from start to finish, no matter your industry, background, or the special considerations of your project.
We empower business owners and commercial real estate investors to access the capital needed to meet their goals.
Our team is prepared to offer commercial real estate lending solutions and commercial mortgages structured to meet your unique needs as a real estate investor.
We focus on helping Illinois-based investors with the following services:
multi-family building loans
commercial and industrial building purchases and refis
construction financing
multifamily and apartment loans
rehab loans for the for the after-repair value of a commercial property
value-add projects
SBA 504 loans
Cash-out refis
While our focus is commercial lending primarily in Illinois, we will consider financing property in other states on a case-by-case basis.
How do we decision and fund loans so quickly? It's all thanks to a streamlined process that includes:
local and individualized underwriting and processing
digital solutions for file sharing
remote or in-person consultations
your own dedicated loan officer to walk you through the lending process and be your ongoing point of contact.
We make all of our decisions right where we are, without making our members wait months for answers. We are part of your community, which is where all our loans are serviced.
Our team is prepared to offer commercial real estate lending solutions and commercial mortgages structured to meet your unique needs as a real estate investor.
While in some limited cases we can support loans in other states, at this time our focus is on Illinois only.
As a credit union, our members are at the heart of everything we do. This includes our commercial members! From initial planning to loan approval, closing, and servicing, we are ready to partner with you every step of the way. When you have a question or need help, we’re just a phone call or email away. From the time you submit your application to the time you pay off your loan, you'll have a relationship manager assigned specifically to you. You’ll never be sent to a third party or contracted support center for your ongoing loan questions and needs.
As a credit union, we are known for offering low-rate loans to help you build new, acquire, renovate, or refinance. Whether you are looking to purchase a building with a competitive interest rate or refinance a commercial real estate mortgage loan with another lender, we can help you save so you can build your investment portfolio.
If you think you might qualify for a U.S. Small Business Administration 504 SBA loan, our expert commercial lending team can guide you through the process.
504 SBA loans offer:
Lower down payments
Project financing
Longer-term, fixed-rate financing on a portion of debt
Financed fees
When you finance your commercial real estate loan with Alero, you aren't just a "customer" to us -- you are a member of our not-for-profit financial cooperative. As a member, you can enjoy the benefits of risk-free savings and investment accounts as well as our checking accounts and an extensive list of related services and conveniences. Contact us to learn more about all we have to offer our business members.
For more information about the Alero commercial real estate loans we offer, contact our expert commercial lending team at commercial.lending@alerofinancial.org, by calling 800-359-1939, ext. 3691, or by using the form below.
Contact Us
Use the form below to submit an inquiry. Someone from the team will be in touch with you soon.
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