Financing
There are various lenders and multiple types and sources for commercial finance of each type of commercial Property.
Typical commercial properties Include:
Retail, Multifamily, Office, Industrial, Hospitality, Mixed Use, Land, Self-Storage, Mobile Home Park, Senior Living, Special Purpose, Rental Properties.
Financing sources include but not limited to:
Banks (Preferably a bank where the borrower has a relationship), Credit Unions, Non-Bank Lenders, Small Business Administration, Mortgage Companies, Property Sellers.
Types of commercial Loans include:
Conventional Commercial
Loans
SBA Loans
Hard Money Loans
DSCR Loans
(Debt Service Coverage Ratio)
Bridge Loans (Short-term loans)
Construction and Development Loans:
Tenant Improvement (TI) Financing
Seller Financing
Acquisition Loans
Refinance and Term Loans
Selecting a lender
Investors/Borrowers should compare lenders based on loan options, interest rates, closing terms and times, and lender specialization.
