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 Application


Commercial Loan Interest Rates Notifications


Get notified when commercial loan rates change. We currently support push, email, and text notifications. Be the first to know when the rates change.

Conventional Mortgage Loans - Apartments & Commercial Real Estate Lending


Description: Conventional commercial loans for apartments and commercial real estate properties offered nationwide.

Self Storage Commercial Loans - Self Storage Financing Nationwide


Self Storage Financing and Self Storage Commercial Loans by Commercial Loan Direct. Commercial mortgage lender offering self storage building financing. Offering lowest rates and lowest closing costs.

Contact Commercial Loan Direct - Commercial Mortgage Lender Offering Commercial Loans & Apartment Loans


Contact Commercial Loan Direct Mortgage Lender Offering Commercial Loans & Apartment Loans

Commercial Loan Direct - Frequently Asked Questions


Commercial Loan Direct - Frequently Asked Questions

Native American Commercial Loans


As one of the most under-served demographics of the United States, we believe the Native American people are long over-due to take their rightful place in American business.

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

Office Commercial Loans - Office Building Financing


We provide office commercial loans at low rates. Office commercial loans include conventional, CMBS, insurance, USDA, bridge, construction, and SBS commercial loans.

Website Affiliate Program - Highest Commissions & Payouts - Commercial Loans at CLD


Affiliates and referrals for webmasters and website owners program by Commercial Loan Direct - join one of the best paid programs on the internet

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