Owner Occupied Commercial Real Estate Loans

Leasing real estate for your business can be frustrating. Free yourself from landlord restrictions, rent increases, and tenant improvement battles by purchasing property.

Operating your business under the constraints of a lease can hamper progress. It can keep you from remodeling to attract new clients, using certain types of equipment, and holding events. Get freedom from these restrictions by owning your business’s real estate yourself. You’ll be able to customize it the way you want and utilize the space the way you see fit.

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Our lender network offers a wide range of real estate financing suited to any business situation. Whether branching out into new territory, taking over a competitor, or expanding your current space, our professional brokers can help make it happen. Make real estate ownership a reality by contacting us today.

Solutions

We provide a range of financing solutions for any business from real estate, equipment, and working capital to construction funding, and even loan refinancing and debt management. Contact us today to take the first steps into a new future.

Commercial Real Estate Loans

The world of commercial real estate is quite different from that of residential real estate. Loan terms are typically shorter, and lenders use different criteria when evaluating applications. Commercial loans are typically sought by companies or corporations intending to invest in income-generating properties. These properties include hotels, motels, office buildings, apartment buildings, and the development of residential subdivisions.

The advantage of a commercial real estate loan is not only the ability to finance large-scale projects. You can get an answer from your application quickly and don’t always need a great credit score to qualify. The biggest factor in a lender’s decision is your property’s Debt Service Coverage Ratio (DCSR). This figure is calculated from the property’s Net Operating Income (NOI) divided by its annual principal and interest payments. Find out more by talking to our professional brokers.

SBA 504

The SBA offers another popular choice when it comes to real estate financing. The main difference between the SBA 504 loan and the SBA 7(a) loan is that only the 7(a) can be used for working capital. However, the SBA 504 is an excellent choice if you’re looking to finance real estate. We’ll help you connect with a Certified Development Company in your local area that will service your loan.

Expect to provide 10% of the financing in the form of a down payment. Then, two lenders will combine to finance the rest, with 40% backed by the SBA. Low-interest rates and minimal down payments make the SBA 504 loan very attractive for small businesses.

SBA 7(a)

The U.S. federal government offers a financial boost to small businesses through the Small Business Administration. The SBA acts as a guarantor on private loans that encourage lenders to take a chance on companies with less than $15M in net worth. Businesses that have been denied funding from other sources can find it through the SBA.

The SBA 7(a) loan can be used to finance your next real estate purchase. It can also be used for construction projects, equipment, or working capital. Terms vary depending on the purpose of the loan. Real estate loans have 25-year terms, and interest rates are based on the Prime rate.

Bridge Loans

If you’ve already found long-term financing for your real estate purchase, you may think you’re covered. However, while you’re waiting for that financing to come through, you may have to pay for environmental reports, surveys, appraisals, and origination fees. That’s why it’s helpful to have a bridge loan. Bridge loans are fast, short-term financing that you can get to cover costs until your long-term financing arrives.

Because you can get a decision on a bridge loan right away, you can have funds at the ready to make an attractive cash offer on the property you want. Cash offers give you a competitive edge in the market, enticing lenders to choose you over other buyers.

Advantages

Owning your workspace provides you a range of benefits from appreciation and reduction or elimination of rental cost to customization of space, and even lessees to rent unused space.

Freedom from leasing restrictions

Manage and modify your space as you see fit.

Flexible financing

Choose from a range of term lengths and payment plans.

Designed for small businesses

With a variety of lenders we can match your business strategy.

Can be approved even if turned down before

We help businesses achieve their property ownership goals.

Lender Network

In Available Funds

Fast Approval

When you’re ready to move your business out of a lease and into a property you own, real estate financing can help make it happen. Regardless of the size of your business, we can put you in a loan that fits. Get started today by contacting our team.

Multiple Paths to Funding
Access capital as you grow
Expedient access to funds

F.A.Q.s

How much do you have to put down on a commercial real estate loan?

Depending on the source of your loan, you can expect a 10% to 30% down payment requirement. SBA loans typically have the lowest requirements, while many commercial lenders want 30% and above.

How long can you finance a commercial property?

Commercial property loans mature faster than residential loans. Most mature between five and twenty years, with an amortization period extending past the maturity date.

What do I need to know before buying commercial property?

First, you should set clear goals for the property. Do you want to increase productivity, generate income, or resell at a profit? Then, thoroughly investigate any property and region you’re considering. Have a realistic picture of your finances and consult with a qualified broker.

Is it hard to get a commercial loan?

The answer depends on your lender. For example, bridge and hard money loans can be secured quickly without spending a lot of time on an application. On the other hand, long-term traditional loans may require extensive paperwork and waiting periods of up to 45 days or longer.

Speak with one of our brokers today to find out which loan is right for you
We won’t stop searching until you find exactly what you need.