Tag: refinance

Many business owners take on commercial mortgage loans in order to buy their own work facilities and real estate. In some cases, these commercial mortgages will have a balloon payment attached to them – a lump sum payment to repay the balance of the loan after three, five or ten years. Coming up with a chunk of cash that large is virtually impossible for most businesses, but there are several options to make these loans work. Balloon payments are a way for lenders to reduce their risk and recoup […]

A commercial mortgage loan is designed to help business owners or investors buy real estate connected with their business place of work, but commercial mortgages can be used for many other purposes beyond simply buying an office building. They can help you with virtually all your business’ physical space needs.