Commercial Lending is a business loan that provides financing to businesses for the purchase of real estate used for business purposes.
Commercial real estate includes lodging (such as hotels, apartment buildings, condominiums, and condominium complexes), office buildings, retail buildings (such as shopping centers and malls), warehouses and other light industrial manufacturing facilities, self-storage facilities, hospitals and other medical facilities, restaurants, recreational parks, and raw land.
MAX LOAN AMOUNT:
$75K to over $7M
Under 48 hours
(in some cases)
Property itself is the collateral
Affordable interest rates
Limited paperwork and fast application process
May require a down payment
Require collateral guarantee.