Owning your commercial real estate rather than leasing can be very impactful to your business’ bottom line by allowing you to build equity and potentially improve your cash flow.
Purchase the land or commercial property your business needs. Leverage your equity to expand or remodel as your business grows.
Aadolf Finance real estate loans are typically structured as a 20 or 25 year amortization with a 10 year maturity. The interest rate for real estate loans is set daily and is available from your CFL loan officer.
The following are some of the most common types of commercial real estate loans:
Permanent Loans are basic first mortgages on a commercial property. A permanent loan must have a degree of amortization and a term of at least five years written into the contract.
SBA Loans are guaranteed by the Small Business Administration (SBA). There are several different SBA loans catered to different types of borrowers.
Provide a short-term first mortgage loan on a commercial property with a term usually from six months to three years. Bridge loans are typically obtained when you are waiting for longer-term financing or attempting to remove an existing obligation.
A commercial hard money loan is a short-term loan used to purchase and sometimes renovate an owner-occupied commercial property before refinancing to a long-term mortgage. Similar to bridge loans in that they help businesses close fast and offer interest-only payments throughout the life of the loan.