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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.

Buying Property

Commercial properties can include everything from retail shops to medical offices to industrial warehouses. Not only business owners but also residential and commercial investors can make use of loans for this purpose. With a commercial loan, the terms are usually no longer than ten years and the property itself is used as collateral in case of default.

Expanding or Improving Facilities

If you already own your own business space, a commercial mortgage can enable you to make improvements on it, extend it or even help you build a new structure. You can also use commercial loans to finance your business needs while the property is under construction. The amount of money you can borrow will depend on the estimated value of the completed property or how much revenue the rehabilitated space should generate.

Refinancing Debt

Those with existing commercial mortgage debt can take out new loans to refinance the old. This could help lower the interest rate or payments on the old debt, making the mortgage more manageable. Borrowers can also take out larger commercial loans to pay off the old loan and provide themselves with extra cash for their current projects.

All sorts of options are available with commercial loans, including traditional fixed-rate loans and lines of credit. With the right qualifications, a commercial real estate loan mortgage can make it possible for your business to acquire or improve a vital property that can be repaid by your firm in a matter of a just a few years.


Search for Small Business Loan Sources and receive your matched lender list
AND received FOUR free Business eBooks worth $39.95!
Search for Small Business Loan Sources