Commercial Real Estate Loans
Commercial Real Estate Loans help secure the property your business needs
Commercial real estate loans facilitate long-term growth by securing the property your business needs.*
What Is a Commercial Real Estate Loan?
- Flexible Payments Automatic payments are calculated based on a percentage of the business’ credit card sales or other revenue receivables
- Estimated Completion Date** Payments are based on the business’ receivables so there is no fixed payment term
- Cost and Fees The receivables are purchased at a discounted price; fees may be charged and deducted from the advance amount
Commercial real estate loans are ideal for businesses looking to purchase, develop, or construct new property as well as current property. Businesses can apply for a commercial real estate loan/mortgage, which is secured by liens on the commercial property. As the name states, this is for commercial properties only and not for residential properties. The terms and rates differ from a traditional residential mortgage.
Uses for commercial real estate loans can vary, meaning businesses don’t have to acquire new property to apply. This loan can cover expenses such as refinancing or renovations on current business real estate in addition to covering new real estate property. Keep in mind, this type of financing is very different from a traditional residential mortgage that you would apply for when purchasing or refinancing residential property.
Commercial Real Estate Loans Help Small Businesses Facilitate Their Property Needs
You only need 3 important documents to apply.
A valid form of identification
Business bank account number and routing
Last three months of business bank statements
Apply in a few minutes, receive funds in a few days
Apply Online
Start your business application and tell us about your company, goals, and objectives. We recommend having the necessary paperwork on hand to make the process even faster (i.e. driver’s license or passport, business bank statements).
Let Us Review
Our team will carefully review your business financing application. One of our trusted business advisors will reach out if we need any additional information.
Get Funded
If approved, our team will send your business’ funds to the business bank account provided. This can be as quick as a few minutes, so be on the lookout!
Commercial Real Estate Loans FAQs
How do commercial real estate loans work?
Commercial real estate loans work by granting businesses the working capital needed to purchase a new commercial property, refinance, or work on renovations for current commercial real estate. The loan is a mortgage secured by liens on the commercial property. Lenders will take into consideration the loan-to-value ratios, which means the process for getting approved varies greatly from a traditional residential mortgage.
Who should apply for a commercial real estate loan?
A small business that wants to apply for a merchant cash advance must have accounts receivable such as credit/debit card sales and invoices. After they apply, the alternative funder will need to review credit card processing statements, business bank account statements, invoices, and other important documents.Any company that has the intention of purchasing a new commercial property, renovating a current commercial property, or refinancing a commercial mortgage should consider applying for a commercial real estate loan.
Does a commercial real estate loan make sense for me?
While many small business funding companies use personal or business credit as a factor when looking at your financing application, it’s not the only determining factor as to whether an application is approved or not. Most alternative smA commercial real estate loan makes sense for your company if you intend to use the working capital for commercial real estate. This type of loan will not work for primary or secondary residential residences. In addition, interest and repayment terms vary greatly from a residential mortgage.
Requirements vary depending on the lender and type of loan your business is looking to apply for. As a general rule, lenders will take into consideration your business financial statements, your company’s debt service coverage ratio, property characteristics such as property use and value, and percentage of expected/current occupancy.
What are the commercial real estate loan rates?
Rates depend on the lender the business works with and the type of loan you’re looking to apply for to secure a mortgage. As mentioned, these rates are very different from a traditional residential mortgage loan, so please consider this before applying.
Commercial Financing With Money Lending Today
At Money Lending Today, we’re dedicated to unlocking big potential for your small business. Consider us part of your team, helping your business grow with flexible financing solutions tailored to your business’ unique needs.
- Funded over 3 billion to businesses all over the country
- Online portal designed to help meet your business’ needs
- Team of talented business advisors dedicated to providing your business with quick and reliable funding information
- A streamlined process for additional funding needs
Have Questions?
You have a question and we have an answer. Speak to one of our business advisors today.