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 real estate loans used when speed and collateral matter more than full bank underwriting. They are common for fix-and-flip projects, distressed acquisitions, and short bridge periods before a sale or refinance.

9% - 12%+ 10-25%+ cash in down A few days to 1 week
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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

Subordinate capital that fills the gap above senior debt

Mezzanine loans are subordinate real estate loans secured by a pledge of the borrower's ownership interests rather than a mortgage lien on the property itself. Borrowers use them when the senior lender's proceeds stop short and they want to reduce the common equity check.

6.75% - 11.97% Often 10-25% sponsor equity down 30-60 days
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USDA Business Loans

Government-backed financing for eligible rural business projects

USDA Business & Industry (B&I) loans are lender-made, government-guaranteed loans for businesses in eligible rural areas. They can cover real estate, equipment, business acquisition, and working capital, with terms tied to use of proceeds and underwriting that looks a lot like a bank loan plus USDA eligibility.

Fixed or variable, negotiated with lender 10% existing business, 20% new business 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