At JR Mercantile, we know that finding the right commercial space is just one part of the equation. Equally important—but often overlooked in the early stages—is securing your financing. Whether you’re a first-time business owner or a seasoned operator expanding your footprint, having your financial ducks in a row early can make or break your leasing experience.
Here’s why securing financing early on is a vital step in your commercial leasing journey:
1. It Strengthens Your Position as a Tenant
Landlords want to lease to tenants who are financially ready to move forward. When you present a Letter of Intent (LOI) with financing already in motion—or better yet, approved—it shows that you are serious, prepared, and capable of meeting your lease obligations. This can give you a competitive edge, especially in tight markets or high-demand locations.
2. It Speeds Up the Leasing Process
Delays in financing can stall negotiations or even cause deals to fall through. Securing financing early eliminates unnecessary back-and-forth and helps you move swiftly from site tours to signed lease. This is especially important when timelines are tight and you’re eager to start your build-out or launch date.
3. It Gives You a Clearer Budget for Leasehold Improvements
Before signing a lease, you’ll need a clear understanding of how much capital you can allocate toward leasehold improvements, design, and furnishings. Early financing provides that clarity, allowing you to work with your contractor and designer from day one without overshooting your budget.
4. It Enhances Negotiating Power
If you can demonstrate that financing is secured and timelines are firm, landlords may be more willing to negotiate on key lease terms—like free rent periods, tenant improvement allowances, or early possession. You’re not just another inquiry—you’re a ready-to-go tenant.
5. It Reduces Risk and Surprises
Navigating lending requirements mid-negotiation can lead to unexpected challenges or compromises. Securing financing early allows you to assess interest rates, amortization periods, and repayment terms without the pressure of looming deadlines. You’ll enter lease discussions knowing exactly what you can afford and avoid costly surprises down the line.
How JR Mercantile Can Help
As a full-service commercial real estate brokerage, JR Mercantile works closely with both landlords and tenants to ensure every stage of the leasing process is strategically aligned for success. Our experience in the Calgary market—combined with our collaborative relationships with lenders, designers, and contractors—allows us to guide tenants through every step, including financial preparedness.
By securing financing early, you’re not just ticking a box—you’re laying the foundation for a successful, sustainable tenancy. And we’re here to help you do it right.
Ready to take the next step in your leasing journey?
Contact us today at hello@jrmercantile.com or 403-770-3071 to learn how we can help you find and secure the right space—backed by the right financing.