A warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial areas of cities and towns. They come equipped with loading docks to load and unload trucks; or sometimes are loaded directly from railways, airports, or seaports. They also often have cranes and forklifts for moving goods, which are usually placed on ISO standard pallets loaded into pallet racks.
Industrial Property Loan Programs
| Loan Type | Min Loan Amount | Max LTV | Term Length | Amortization | Rates |
|---|---|---|---|---|---|
| Conventional | $1,000,000 | 75 | 3 - 15 Years | 15 - 30 Years | 4.99% - 8.75% |
| CMBS | $2,000,000 | 75 | 5 - 10 Years | 20 - 30 Years | 5.63% - 7.56% |
| Insurance | $5,000,000 | 75 | 5 - 30 Years | 15 - 30 Years | 5.13% - 8.40% |
| USDA | $1,000,000 | 85 | 5 - 15 Years | 15 - 30 Years | 6.00% - 8.75% |
| Bridge | $3,000,000 | 75 | 1 - 3 Years | 15 - 30 Years | 5.75% - 12.75% |
| Construction | $3,000,000 | 75 | 1 - 3 Years | 15 - 30 Years | 5.50% - 8.75% |
| Loan Type | Min Loan Amount | Max LTV | Term Length | Amortization | Rates |
|---|---|---|---|---|---|
| Conventional | $1,000,000 | 80 | 3 - 15 Years | 15 - 30 Years | 4.99% - 8.75% |
| USDA | $1,000,000 | 85 | 5 - 15 Years | 15 - 30 Years | 6.00% - 8.75% |
| SBA | $1,000,000 | 90 | 3 - 25 Years | 15 - 30 Years | 5.61% - 5.79% |
