Commercial Real Estate

Commercial Real-Estate Loans

There are several types of commercial real estate loans TBCL provides, including:

Permanent loans: These are long-term loans that are typically used to purchase or refinance commercial properties. They have fixed interest rates and amortization schedules.

Bridge loans: These are short-term loans that are used to bridge the gap between the purchase of a property and the obtaining of a permanent loan. They have higher interest rates than permanent loans.

  1. Construction loans: These loans are used to finance the construction of a commercial property. They have variable interest rates and are typically short-term.
  2. Mezzanine loans: These loans are a type of hybrid between debt and equity financing and are used to finance the purchase or renovation of a property. They have higher interest rates than permanent loans.
  3. SBA loans: These are government-guaranteed loans that are provided to small businesses to finance the purchase or renovation of commercial properties. They have lower interest rates and more favorable terms than traditional commercial loans.
  4. CMBS (Commercial Mortgage-Backed Securities) loans: These are loans that are securitized and sold as bonds in the capital markets. They are usually for larger properties and have lower rates than traditional commercial loans.
  5. Hard Money loans: These are short-term loans, usually for a period of 1-3 years, which are provided by private investors or companies. These loans are generally for properties that do not qualify for traditional financing and have higher interest rates than traditional loans.

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