Purchase Commercial Real Estate with Flexible and Affordable Financing
COMMERCIAL REAL ESTATE FINANCING DETAILS
When you need to combine commercial real estate with a business acquisition or working capital—we’ve got you covered. The flexibility of our SBA 7(a) loan allows us to finance multiple assets or projects, up to $5M, with just one business loan.
Not only is our 7(a) SBA loan versatile, but it is affordable. With low rates, terms up to 25 years and as little as 10% down, it is one of the most affordable ways for small business owners to purchase commercial real estate.
Many lenders are only comfortable financing general and mixed-use commercial real estate. Unlike other lenders, our niche is financing special use commercial real estate like assisted living facilities, hotels, restaurants, car washes, gas stations and more.
As a Top 5 Preferred SBA Lender, we approve loan applications in-house, which accelerates your time to funding. Let us finance your commercial real estate purchase today.
Features of a Commercial Real Estate Loan:
Rates as low as prime +2.75%
Up to 90% loan-to-value
Up to $5M in funding
Terms of up to 25 years
No balloon payments
Depending on loan size, 7(a) loans are backed up to 85% by the SBA. This means less risk for your lenders and better approval odds for you. They are also great options for purchasing commercial real estate—here's why:
Why Buying Commercial Real Estate with an SBA 7(a) Loan is Worth It
BENEFITS OF SBA FINANCING FOR COMMERCIAL REAL ESTATE
Special Use Properties
Lower Monthly Payment
Often, lenders will not finance real estate they consider to be “special purpose” properties—such as hotels, car washes, hospitals, funeral homes , golf courses, and more.
These lenders worry about being able to sell the property profitably in the event of bankruptcy and may not accept your loan application. However, these properties do qualify for commercial real estate financing; you’ll just need to find a lender finances them every day—like Sattori.
The biggest benefit of going with an 7(a) SBA loan for commercial real estate is the low down payment requirement, which is can be as little as 10% down.
Quick Approvals and Processing
When you apply for commercial real estate loan with a preferred SBA lender like Celtic Bank, your loan application is approved in-house instead of being sent to the SBA for approval. This accelerates your time to funding.
Flexible Use of Proceeds
You can also include working capital with your SBA 7(a) loan to cover negative cash flow or cost for improvements while you expand, construct, or stabilize the property, which makes it a great option when renovating or turning around a commercial investment.
Lower Down Payment
If you do include commercial real estate purchase in your business acquisition loan, your term can be up to 25 years; this longer term can lower your monthly loan payments. You will make monthly loan payments to purchase the business and the real estate, and will not have a lease payment to make.
COMMERCIAL REAL ESTATE FINANCING LOAN SOLUTIONS
Ways to Purchase Commercial Real Estate for Your Business
