Business Line of Credit
A commercial real estate loan is designed for business owners looking to purchase or refinance commercial property. Commercial real estate loans differ from personal mortgages in that they are designed for income-generating properties rather than owner-occupied residential housing. In some cases, fix-and-flip properties may also qualify. Commercial real estate options vary from short to long term, and payment is usually made monthly, although sometimes payments can be deferred or rolled into the amount borrowed.
How Do I Apply for a Commercial Real Estate Loan?
Applying for a commercial real estate loan is still easy but requires more documentation than other products. To get started, just complete our quick and simple online application and upload your three most recent business bank statements. For a commercial real estate loan, you will also need to provide financial statements, including two years of business and personal tax returns, personal financial statement (PFS), rent roll and P&L for property (if applicable). Once received, a member of our staff will contact you to review and discuss your financing options!