Mountain West · Montana · Retail · First lien
Retail hard money loans in Billings, MT.
First-position retail loans in Billings, Montana (MT) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Stokley Intelligence · Updated September 2026
Retail Real Estate 2026: Vacancy, Rents
A structured view of the developments shaping U.S. shopping centers and neighborhood retail—and the situations those developments may create for owners, lenders and investors.
Billings market context
The Billings economy behind the collateral.
Billings functions as Montana's largest commercial center, supported by agribusiness, energy, and healthcare serving a broad regional trade area.
Financing needs often involve retail and healthcare-adjacent commercial space serving the surrounding region.
Economic anchors
- Billings Logan International Airport
- Billings Clinic
- BNSF rail hub
Retail underwriting
What we look at first.
- Rent roll, lease terms and near-term rollover
- Anchor and co-tenancy provisions
- Tenant sales, occupancy cost and credit
- Traffic, visibility and trade-area demographics
- Re-leasing cost: TI, commissions and downtime
Situations
Retail loans we see in Billings.
- Anchor vacancy or dark-store situations
- Re-tenanting and repositioning plans
- Maturities on centers with near-term lease rollover
- Acquisitions of centers priced below replacement cost
Selling a retail property in Montana? Stokley also buys real estate as a principal. Submit it for acquisition.
Hard money lending guidelines
Asset-based financing. We focus on the property's value and the owner's equity, not a credit score. Low credit does not rule out a request. Every deal is subject to underwriting.
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
Request loan terms
Billings, MT retail loan request.
Questions
Billings, MT retail loans, answered.
- Does Stokley Capital make retail loans in Billings, MT?
- Yes. We make first-position retail hard money and bridge loans in Billings, Montana (MT), typically $1M–$5M, with larger loans considered.
- What drives the Billings market?
- Billings functions as Montana's largest commercial center, supported by agribusiness, energy, and healthcare serving a broad regional trade area.
- What should a Billings retail loan request include?
- Property address, loan amount and purpose, current income and occupancy, existing debt, the business plan and the deadline. Rent rolls and operating statements help but are not needed for a first read.
- Are you a broker?
- No. Stokley Capital is a private real estate owner-operator that provides business-purpose loans. Decisions are made by the principals.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Next step
Financing retail in Billings?
Send the property, amount and deadline. A principal will respond directly.