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 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.

Commercial Loans - Apartment Mortgages - Online Commercial Lender


Commercial loans and apartment mortgages nationwide. Save with low interest rates, no points, and low closing costs. Offering apartment loans and commercial property financing nationwide.

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.

Affordable Housing Apartments Financing | Multifamily Commercial Loans & Mortgages


Affordable housing financing. #1 Ranked online lender offering lowest rates and closing costs

Life Insurance Company Commercial Mortgages


Life insurance company commercial loans nationwide by the leading online mortgage originator. Offering multiple options Nationwide. Lowest fixed rates and closing costs. Financing simplified.

Recently Closed Commercial Loans


Bridge Commercial Loans


Bridge Commercial Loans News Posts

Commercial Lending Specials - Lowest Commercial Rates


Commercial Loan Direct's loan specials and lowest commercial real estate interest rates.

Commercial Loan News


News Posts

Hotel Loans - Hotel Commercial Loan Options


We provide many financing options for hotels and hospitality properties including SBA, Conventional, CMBS, Insurance, and USDA Loan programs.

Other Definitions

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