What is a commercial real estate loan?
Commercial real estate loans are ideal for businesses looking to either purchase, develop or construct new property as well as current commercial property. The way it works is businesses can apply for this type of financing in order to secure a loan (may also be referred to as mortgage for this specific financing) which itself is secured by liens on the commercial property. As the name states, this is for commercial properties only and not for residential properties. Understanding that this loan is for commercial real estate, the terms and rates may differ from a traditional residential mortgage.
The use for this type of financing can vary, meaning the business does not have to acquire new property in order to apply. This loan can cover expenses such as refinancing or renovations needed on current business real estate in addition to covering new real estate property. Small business owners or even large corporations may be eligible for this type of loan. Keep in mind, this type of financing is very different to a traditional residential mortgage that you would apply for when purchasing or refinancing a residential property. Aside from different terms and rates (as mentioned above) the requirements and application process vary as well.
What is a commercial real estate loan?
Commercial real estate loans are ideal for businesses looking to either purchase, develop or construct new property as well as current commercial property. The way it works is businesses can apply for this type of financing in order to secure a loan (may also be referred to as mortgage for this specific financing) which itself is secured by liens on the commercial property. As the name states, this is for commercial properties only and not for residential properties. Understanding that this loan is for commercial real estate, the terms and rates may differ from a traditional residential mortgage.
The use for this type of financing can vary, meaning the business does not have to acquire new property in order to apply. This loan can cover expenses such as refinancing or renovations needed on current business real estate in addition to covering new real estate property. Small business owners or even large corporations may be eligible for this type of loan. Keep in mind, this type of financing is very different to a traditional residential mortgage that you would apply for when purchasing or refinancing a residential property. Aside from different terms and rates (as mentioned above) the requirements and application process vary as well.
Commercial Real Estate Loans assist with your business property needs
All you need is 3 important documents to apply.
Form of identity validation
Two years of tax returns or financials
Schedule of debts
Application Process
Apply Online
You can apply online from anywhere and your device. Just click the GET QUOTE button at the top of the page. Let us know about your company and its goals, and remember to collect the necessary documentation.
Let us review
Our team will review all the information provided to us. If we need additional information, our team of business advisors will reach out to let you know.
Get Funded
If approved, your business will receive the funds in its account on file.
Commercial Real Estate Loans FAQ
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Commercial Real Estate Loans with Rapid
Here at Rapid Finance, our team is dedicated to your business success. We gathered all the tools and business financing resources your company needs to grow and succeed. That’s why we are trusted by millions of businesses nationally.
Funded millions of businesses all over the country
Online portal for your business needs 24/7
Dedicated business advisors every step of the way
Streamlined process for additional business financing
*Small Business Financial Solutions, LLC offers term loans (pursuant to its California Lenders License No. 603-I855) and factoring in California. Small Business Financial Solutions, LLC and Rapid Financial Services, LLC offer term loans, lines of credit and factoring outside of California. RFS Business Funding, LLC arranges term loans in California (pursuant to its California Finance Lenders License No. 603-J299) and arranges term loans, SBA loans, lines of credit, factoring, asset based loans, commercial real estate loans and business credit cards outside of California.