Posts Tagged commercial property finance

What Is The Process of Obtaining Commercial Property Finance Commercial property finance is a type of loan used to purchase or refinance commercial real estate. These loans are typically provided by banks, non-banks, and other financial institutions. The terms and conditions of commercial property finance can vary depending on the lender, but generally, the loan is secured against the property being purchased or refinanced. The process of obtaining a commercial property finance loan typically starts with the borrower providing the lender with information about the property and their financial situation. This may include information such as the property’s location, size, and condition, as well as the borrower’s credit score, income, and debt-to-income ratio. Based on this information, the lender will assess the borrower’s ability to