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

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.

Cmbs Commercial Loans


Cmbs Commercial Loans News Posts

Commercial Loan Direct - Equipment Loan Application


Equipment Loan Application - Commercial Loan Direct

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


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

Student Housing Financing - Student Apatment Loans - Commercial Loan Direct


Student housing apartment loans and student housing multifamily mortgages by Commercial Loan Direct. #1 Rated online lender offering lowest rates and closing costs financing

Industrial Property Commercial Loans - Industrial Commercial Loans & Warehouse mortgages


Warehouse loans, industrial loans and industrial property lending by Commercial Loan Direct. Low rates and closing costs.

Commercial Loan Calculators


Here are some commercial loan calculators to help make educated decisions in the commercial lending process including monthly payment, refinance, and prepayment calculators.

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.

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.

Commercial Loan Direct - Getting Started - Apply for a commercial loan, apartment loan or multifamily mortgage


Apply for a commercial loan, apartment loan & multifamily mortgage. Lowest fixed rates available. No points and low closing fees. Apartment financing simplified.

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