Commercial Business Mortgages and Loans

What Is It?

A commercial business loan (also known as a commercial loan) is a loan that a business gets to buy a commercial property. The borrower is generally a company or business as opposed to an individual and the business may be either a partnership, limited company or incorporated. Assessing credit history and worthiness is somewhat more complicated with this type of financing.

Is It Different than a Residential Mortgage?

Normally the loan to value ration is lower for a commercial mortgage. This means that a lower percentage of the total value of the property is covered by the loan. Interest rates are higher for commercial loans than for a residential mortgage.

What Are the Advantages?

  • A business is not exposed to any sudden, large rent increases
  • You may be able to sublet free space, allowing you to generate extra income
  • Any increase in the value of the property can increase your access to capital
  • You have full control over what changes you want to make to your office space

You Need Cashflow

  • Can’t Sleep At Night?
  • Don’t have enough cashflow
  • Haven’t been in business long enough
  • No collateral
  • Poor credit history
  • Your bank isn’t moving fast enough?

Don’t Wait, Get The Cash You Need!