Commercial Loans

A commercial loan is a type of loan provided to businesses to finance major expenses such as property, equipment, or other operational needs. These loans help companies grow, expand, or manage day-to-day financial obligations.

TYPES OF LOANS

MIXED USE LOAN

A mixed-use commercial loan is designed to finance properties that serve both residential and commercial purposes. For example, it could be a building with apartments on top and retail shops or offices on the ground floor. This type of loan helps cover the cost of buying or refinancing such multi-purpose properties.

OFFICE BUILDING LOAN

An office building loan is a type of commercial loan used to finance the purchase, construction, or renovation of office spaces. These loans help business owners or investors secure the funds needed to acquire or improve office buildings for their operations or for leasing to tenants.

SBA LOAN

SBA loans are business loans partially backed by the U.S. Small Business Administration (SBA) to help small businesses get funding with flexible terms and lower down payments. These loans are ideal for businesses that may not qualify for traditional financing options.

RETAIL LOAN

Retail loans are personal loans offered by banks or lenders directly to individuals, often used for buying homes, cars, or funding large expenses. In the mortgage world, retail loans refer to home loans provided to individual borrowers. Mortgage brokers help clients find the best loan options by comparing different lenders, making the home-buying process easier and ensuring favorable terms. These loans are typically repaid monthly with interest, and approval depends on factors like credit score, income, and property value.

INDUSTRIAL LOAN

Industrial Loans, or Commercial & Industrial (C&I) Loans, are a great way for businesses to access the funds they need to grow and thrive. Tailored specifically for businesses, these loans provide flexible, short-term financing options secured by business assets, such as equipment or inventory. With competitive interest rates, often tied to the LIBOR or prime rate, C&I loans can help businesses manage cash flow, expand operations, and seize new opportunities.

APARTMENT BUILDING LOAN

Apartment Building Loans are used to finance buildings with 5 or more rental units. Unlike residential loans, which cover smaller properties with up to 4 units, these loans apply to larger buildings where most of the space is rented out for income. They offer tailored financing solutions for property investors looking to grow their rental portfolio.

COMMERCIAL LOANS