Frequently Asked Questions

Commercial Loans

Why would I go to BCI for a Commercial Loan rather then a Connecticut bank?
 

The staff at BCI wants to earn your business. We will work with you in a consultative approach to assure that you have considered all of the options to make assure that you get the best rates and terms. Banks can only consider one option…whether your loan fits their portfolio. At BCI we have many different lenders that we work with, so you will have many more opportunities to get you loan approved. Contact us to find out what BCI can offer you.
 

What is the turn around time on a Commercial Loan at BCI?
 

We can get a Commercial Loan done pretty quickly. With the proper documentation and appraisals we can close in less than 45-60 days.
 

Does BCI have better rates then other Connecticut Commercial Loan companies?
 

Yes. BCI knows what a competitive environment Connecticut is. We work to assure that our Commercial Loan rates and terms are low and work well for the financial transaction the consumer is entering into. Contact BCI to get the best rate for your Commercial Loan.
 

Can BCI make Commercial Loans outside of Connecticut and are rates and terms just as competitive?
 

Yes. Although we are based in Connecticut, we have lenders that we work with all over the country. We want your business, so we will do everything to assure the best rates and terms, no matter where the loan originates.
 

What types of Commercial Loans do you work with at BCI?
 

Here are some of the loan types we work with – funeral homes, mixed use buildings, gas stations, apartment buildings, new construction and self storage units. But this list is only a small portion of the types of Commercial Loan we handle, Contact us to find out how we can help you.
 

What is the consultative approach that you use at BCI for Commercial Loans?
 

While we are not tax advisors or business planners, we do work with our customers to make sure that they considered all of their options. Sometimes when you are getting a Commercial Loan you focus ONLY on that loan. At BCI, we try to look at different angles to make sure that you are structuring the deal in a way that gets you the best possible loan. This approach makes BCI unique in the Connecticut market.