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.
Listed below are a few resources that may be beneficial in your understanding of commercial loans and how they work.
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.
For current commercial mortgage rates you can visit our commercial loan rates page or our apartment loan rates page if the property is multifamily.
The types of commercial loans available are listed as follows:
To find out what type of loan you may qualify for, you may visit our loan finder tool.
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.
Equipment Loan Application - Commercial Loan Direct
Owner occupied commercial real estate mortgages by the #1 online mortgage banker. Commercial Loan Direct provides OO loans for SBA, USDA, and Conventional programs.
Women are becoming a formidable force in the US business world, partly due to the ability to form alliances and support one another. Having the right resources readily available can also be a big part of assisting in the road to success.
We provide many financing options for hotels and hospitality properties including SBA, Conventional, CMBS, Insurance, and USDA Loan programs.
SBA 7a loans from Commercial Loan Direct. Offering lowest rates and lowest closing costs on SBA 7-a commercial loans
About Commercial Loan Direct. Learn more about our company profile and corporate structure.
NOI is the annual income generated by a property after taking into account all income collected from operations, and deducting all expenses incurred from operations. Use our calculator toy calculate your Net Operating Income.
USDA Loans. Commercial Loan Direct - lowest closing costs on USDA commercial real estate loan financing programs - best interest rates on USDA mortgages
Affordable housing financing. #1 Ranked online lender offering lowest rates and closing costs
We provide commercial loans for retail centers at low rates. Loan programs include CMBS, insurance, USDA, bridge, construction, SBA, and conventional loans.
