Commercial Loan Program
Commercial loans help businesses
and investors finance commercial
properties, such as offices, retail spaces, and industrial
sites. These loans vary in terms, rates, and down
payments, depending on the borrower’s credit and the
property details.
Scenarios and Potential Applicants:
- Business owners expanding their premises.
- Investors buying or developing income-generating commercial properties.
- Entrepreneurs refinancing commercial properties.
- Developers funding new commercial projects.
Requirements:
- Financial stability and good credit of the business or investor.
- Down payment of 25% or more, based on the loan and property type.
- A business plan or project proposal with financial projections.
- Property appraisal to determine its value and profit potential.