Commercial Loan Types

Every commercial loan type, explained clearly. Compare rates, terms, down payments, and find the right fit.

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DSCR Loans

Qualify based on property cash flow, not personal income

Debt Service Coverage Ratio (DSCR) loans let real estate investors qualify based on the property's rental income rather than personal income or employment. Ideal for investors building a portfolio without traditional income documentation.

7.0% - 9.5% 20-25% down 2-4 weeks
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SBA 7(a) Loans

The most flexible SBA loan — up to $5M for nearly any business purpose

SBA 7(a) loans are the most common SBA loan program, offering up to $5 million for working capital, equipment, real estate, business acquisition, and refinancing. Backed by the U.S. Small Business Administration, they offer competitive rates and longer terms than conventional business loans.

Prime + 1.5% to 3.75% 10-20% down 30-90 days
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SBA 504 Loans

Below-market fixed rates for commercial real estate and heavy equipment

SBA 504 loans provide long-term, fixed-rate financing for major fixed assets like commercial real estate and heavy equipment. The loan is split between a bank (50%), a Certified Development Company (40%), and your down payment (10%), resulting in below-market rates on the CDC portion.

Below market (CDC portion ~5-6%) 10% down 45-90 days
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Bridge Loans

Short-term financing to bridge the gap to permanent capital

Commercial bridge loans provide short-term financing (typically 6-36 months) to acquire, renovate, or stabilize a property before securing permanent financing or selling. They close fast and offer flexibility that traditional loans can't match.

8% - 12% 20-30% down 1-3 weeks
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Construction Loans

Finance ground-up construction or major renovation projects

Commercial construction loans fund new development or major rehabilitation projects. Funds are disbursed in stages as construction progresses. Most are short-term (12-36 months) and convert to permanent financing upon completion.

7% - 10% 20-35% down 30-60 days
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Commercial Mortgage

Traditional long-term financing for stabilized commercial properties

Conventional commercial mortgages provide long-term financing for stabilized, income-producing commercial properties. Offered by banks, credit unions, and institutional lenders with competitive rates for qualified borrowers and properties.

6% - 8% 20-30% down 30-60 days
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Hard Money Loans

Asset-based lending with speed and flexibility

Hard money loans are short-term, asset-based loans primarily secured by real estate. Funded by private investors or companies rather than banks, they prioritize the property's value over the borrower's creditworthiness. Ideal for fix-and-flip, distressed properties, and deals that need to close fast.

10% - 15% 25-40% down 3-10 days
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CMBS Loans

Securitized commercial mortgages for larger properties

Commercial Mortgage-Backed Securities (CMBS) loans are commercial mortgages that are pooled together and sold as bonds to investors. They offer competitive rates and non-recourse terms for larger stabilized properties, typically $2M and above.

5.5% - 8% 25-35% down 45-90 days
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Mezzanine Loans

Fill the gap between senior debt and equity

Mezzanine financing sits between senior debt and equity in the capital stack. It allows borrowers to increase leverage beyond what a first mortgage provides, reducing the equity needed for a deal. Secured by a pledge of the borrower's ownership interest rather than a lien on the property.

10% - 18% Reduces equity to 5-15% total down 30-60 days
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USDA Business Loans

Government-backed financing for rural and agricultural businesses

USDA Business & Industry (B&I) loans provide government-guaranteed financing for rural businesses. Similar to SBA loans but for rural areas, they offer competitive terms for business acquisition, real estate, equipment, and working capital in communities with populations under 50,000.

Variable or fixed, competitive 10-20% down 60-120 days
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Non-QM Loans

Mortgages for borrowers who don't fit the conventional mold

Non-Qualified Mortgage (Non-QM) loans are for borrowers who don't meet conventional lending criteria — self-employed, irregular income, recent credit events, or foreign nationals. They use alternative documentation like bank statements, asset depletion, or property cash flow to qualify.

6.5% - 10% 10-25% down 2-4 weeks