Commercial Loan Broker in Albany, NY
Glenwood Finance is a licensed commercial loan broker serving Albany, Rensselaer, Menands, Loudonville, Elsmere, Glenmont, Delmar, Colonie, East Greenbush, Watervliet, and Slingerlands.
Glenwood Finance is a licensed commercial loan broker serving Albany, Rensselaer, Menands, Loudonville, Elsmere, Glenmont, Delmar, Colonie, East Greenbush, Watervliet, and Slingerlands.
A commercial loan broker in Albany matches your business financing needs with lenders across the country, negotiating terms and preparing applications on your behalf. Unlike a bank that offers only its own products, we shop multiple lenders to find competitive rates and structures. We handle underwriting documentation, explain each fee line-by-line, and guide you through closing. Whether you're expanding a warehouse in the Port of Albany industrial corridor or refinancing a mixed-use building on Central Avenue in Colonie, we clarify costs before you sign.
Albany's economy spans state government contractors, healthcare networks around Albany Med, and manufacturing clusters near the rail yards. Each sector carries different cash-flow patterns and collateral profiles. A commercial mortgage loan broker understands which lenders fund multi-tenant retail in Crossgates Commons versus owner-occupied office space in downtown Albany's Empire State Plaza district. We translate your business story into underwriter language, saving weeks of back-and-forth and reducing the chance of a declined application that damages your credit profile.
We disclose our broker compensation in writing during your initial consultation at our Latham office, 1202 Troy Schenectady Rd, Latham, NY 12110, Albany, NY. Lenders typically pay us a percentage of the funded amount; you see that figure on your term sheet. If a lender charges an origination fee, application fee, or third-party appraisal cost, we itemize each one. No line-item appears on your closing statement that we have not already explained. This cost-transparency approach means you compare true all-in pricing, not teaser rates that hide back-end points.
Loan programs
Our business loan programs in Albany include SBA 7(a) loans for acquisitions and expansions, working capital lines for seasonal inventory, equipment financing for manufacturing presses or delivery fleets, commercial real estate mortgages for purchase or refinance, business lines of credit, and invoice factoring for contractors waiting on state payment cycles. Each program carries different commercial loan broker requirements: SBA deals demand tax returns and personal guarantees, while invoice factoring focuses on your customer's creditworthiness rather than yours.
Most lenders we represent look for businesses operating at least two years with verifiable revenue, though startups with strong collateral or SBA guarantees can qualify. A commercial property loan broker needs a property appraisal and environmental Phase I for real estate deals; an equipment lender wants serial numbers and invoices.
A family-owned home-goods store in Delmar's Four Corners wanted to lease the adjacent storefront and purchase $85,000 in new shelving and point-of-sale systems. The owner's bank offered only a five-year term at a fixed rate with a large balloon.
How it works
Call (838) 279-1991 to schedule a consultation. We'll ask about your business type, revenue, time in operation, and how you plan to use the funds. Bring recent tax returns, interim financial statements, and a brief narrative of your growth plans. We'll match you with lenders, prepare your application package, and negotiate terms. From first call to funding typically takes three to eight weeks depending on the program. Our service areas span the entire Capital District, and we meet clients at our Latham office or your location in Loudonville, Slingerlands, or East Greenbush.
Serving the Albany area
We know which lenders fund which kinds of Albany businesses, and we position your file where it fits.
One local broker, many lenders, and no cost to apply.
Common questions
Talk to a local advisor and get matched to the right program, no obligation.
Why Albany owners trust Glenwood Finance