Puerto Rico
Commercial
Real Estate Investors
Local market experience is at the foundation of every relationship
Combining your real estate expertise and our financial insight, we build a partnership to continue your success
Leading your relationship is an experienced commercial real estate banker in San Juan who understands the intricacies of the Puerto Rico commercial real estate market. Supported by a credit executive and analyst, your team ensures credit facilities are structured for financial flexibility and risk management.
Financing options to grow your commercial real estate portfolio
As your holdings expand, our financing solutions evolve to match your strategy with competitive rates and flexible terms for financial agility to pursue new opportunities
Commercial Real Estate Term Loans
Access capital to support the acquisition of income-producing commercial properties in Puerto Rico. Funds can be used for upgrades and modernization to raise asset value and appeal to premium tenants.
Construction Loans
As construction accelerates in Puerto Rico, our financing solutions provide the capital to advance new developments and reposition existing assets in line with market opportunity.
Banking solutions to manage day-to-day liquidity
Your local BanescoSelect Relationship Manager and servicing team assemble a suite of deposit products to meet your specific needs
Our business accounts provide streamlined tools to manage banking transactions for your operation and the specific financial activities of each project and property.
For added efficiency, a sweep account can automatically transfer excess cash to an interest-bearing account to manage liquidity and maximize returns on idle funds.
A Visa Purchasing card1 offers a practical solution for your authorized employees and property managers to purchase supplies and materials. Set spending limits, track expenses, and earn cash back.
BanescoSelect Rewards
A broad range of solutions to manage payables and receivables
Your BanescoSelect Relationship Manager, in partnership with a Banesco USA Treasury Management Specialist, offers digital solutions for payment processing, enhancing the efficiency of receivables management and disbursements while optimizing your cash position
Payables Management
Disburse funds digitally with wire transfers and Zelle® for your business. These services reduce processing time for timely payments while maintaining optimal cash flow.Receivables Management
Deliver heightened tenant satisfaction with flexible options to collect payments such as Zelle®, major cards, and digital wallets including Apple Pay. Credit card processing fees may be applied as a surcharge when appropriate.
Banesco USA oversees your accounts to prevent fraud and protect you from cyber threats
Leveraging the power of AI and human oversight, we monitor your accounts for unusual activity, ensuring it is promptly brought to your attention.
ACH Positive Pay and Check Payee Positive Pay automates fraud detection by verifying the details you upload against pending ACH transactions and checks presented for processing. Online notifications give you control to accept or decline processing.
Our Online Banking platform gives you the flexibility to manage authorized users, set transaction limits, and view processing history. Two-factor authentication provides enhanced security, and paperless statements are securely stored for your private viewing and download.
Your Banesco USA deposit accounts are insured by the FDIC up to the standard maximum amount. We offer multimillions in additional FDIC insurance protection through ICS® and CDARS® for deposit balances exceeding $250,000.
Service from your BanescoSelect Relationship Manager is complemented by secure email messaging available through Online Banking and the mobile app.
Deposit account transaction fees apply. Refer to the Schedule of Fees and Service Charges.
Loans are subject to credit approval and the Bank’s credit policies. Additional conditions may apply.
1Visa Purchasing cards are subject to credit approval. Earn cash back on total annual purchases. Rebate calculated based on total spend for the year and paid out as an ACH deposit into checking account or statement credit. Additional conditions apply.
2Equipment rental fees not included. For more information about Treasury Management products and fees, contact your Treasury Management Specialist or email TM@banescousa.com.
Use of the ICS and CDARS services is subject to the terms, conditions, and disclosures set forth in the CDARS-ICS Participating Institution Agreement and applicable Deposit Placement Agreements. Limits apply, and customer eligibility criteria may apply. CDARS, ICS, Insured Cash Sweep, One-Way Buy, and One-Way Sell are registered service marks of Promontory Interfinancial Network, LLC, now IntraFi NetworkSM. Floating-Rate Funding and Insured Overnight Funding are service marks of IntraFi Network.
Apple Payments Services LLC, a subsidiary of Apple Inc., is a service provider of Goldman Sachs Bank USA for Apple Card and Savings accounts. Neither Apple Inc. nor Apple Payments Services LLC is a bank.
Zelle® is available in over 2,300 banking and credit union apps. To send or receive money with Zelle®, both parties must have an eligible checking or savings account. Transactions between enrolled consumers typically occur within minutes. Check with your financial institution. Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
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