What is the Definition of Commercial Loan?

Commercial Loan

Noun

Definition: A commercial loan is a loan between a business and a bank to fund capital expenditures and/or operating costs. Commercial loans come in two forms - owner-occupied mortgages and investment mortgages. If the property's sponsor(s) use over 50 percent of the building's useable square footage, the commercial loan is said to be a owner-occupied commercial loan. Otherwise the commercial loan is considered to be an investment mortgage. To be considered a commercial loan the property being funded must be zoned commercial and not residential.

Additional Info

Listed below are a few resources that may be beneficial in your understanding of commercial loans and how they work.

How To Get A Commercial Loan

For information on how to qualify for a commercial loan please visit our 5 steps to get a commercial loan article. For other questions in the requirements of getting a commercial loan, you may also visit our faqs page, or send us a message through our contact form

What Are the Commercial Loan Rates?

For current commercial mortgage rates you can visit our commercial loan rates page or our apartment loan rates page if the property is multifamily. 

What Are the Types of Commercial Loans?

The types of commercial loans available are listed as follows:

What Type of Loan Do I Qualify For?

To find out what type of loan you may qualify for, you may visit our loan finder tool

How do I Apply for a Commercial Loan?

To apply for a commercial loan, simply fill out our free quote request. You may also use our free commercial loan forms during the process to help expedite your loan application.

Pages that Mention Commercial Loan

Commercial Loan News


News Posts

Commercial Loans - Commercial Mortgage Options


Online Commercial mortgage real estate lender. Business mortgages and commercial loans nationwide. Save with low rates and closing costs. Ranked #1 Online Mortgage Banker

Owner-Occupied Commercial Loans - Real Estate Mortgages & Financing


Owner occupied commercial real estate mortgages by the #1 online mortgage banker. Commercial Loan Direct provides OO loans for SBA, USDA, and Conventional programs.

Affiliates and Referrals - professionals - working with Commercial Loan Direct


business professionals, CPAs, attorneys, financial planners, etc. can affiliate with Commercial Loan Direct to earn fee income by referring commercial real estate transactions.

Commercial Loan Direct - Frequently Asked Questions


Commercial Loan Direct - Frequently Asked Questions

Retail Center Commercial Loans - Mall Mortgages


We provide commercial loans for retail centers at low rates. Loan programs include CMBS, insurance, USDA, bridge, construction, SBA, and conventional loans.

CMBS Commercial Loans


We provide CMBS mortgages at low rates for multifamily, hospitality, medical, mixed use, office, retail, and self storage properties.

Commercial Loan Direct - Equipment Loan Application


Equipment Loan Application - Commercial Loan Direct

SBA 7a Loan Program | Commercial Real Estate Loans


SBA 7a loans from Commercial Loan Direct. Offering lowest rates and lowest closing costs on SBA 7-a commercial loans

Commercial Loan Direct - Careers


Commercial Loan Direct - Careers - Current job openings

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